The formula at the heart (and mind) of mine plan optimisation

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This article was written by Snowden’s Global manager, Tarrant Elkington. It is easy to forget, or take-for-granted, the foundation elements for your area of expertise. The blog looks at patient zero for mine optimisation. I was in a meeting many years ago working through some optimisation mathematics on the whiteboard with some colleagues. It looked something like this – please don’t worry about the detail.  IV_a=UGDV_a-OPDV_a  UGDV_a=frac{r_a-h_u_g-m_u_g}{(1+d)^u^y}$  OPDV_a=max(frac{r_a-h_o_p}{(1+d)^o^y},0)+frac{v}{(1+d)^o^y}$ Midway through this review, my boss at the time saw one of our clients appear at a window and he jumped up, bringing him into the room. He pointed enthusiastically at the equations and said: “Look at this thing on the board…  this is going to be a … Read More

Project Planning “Those that fail to plan, plan to fail”

Sn0wdenadminTechnical Articles

Part 2 of our Project Management series, first published by Snowden in 2010, focuses on the importance of planning in a successful project. We have decided to republish this series to show that whilst technology has advanced, basic principles and processes are just as important when ensuring project success.

The Project Management Corner Series – Part 1

Sn0wdenadminTechnical Articles

In 2010/11, Snowden ran a series of articles in our newsletter on Project Management. The focus of the series was to illustrate the practical use of project management processes, tools, and skills to achieve project success. We have decided to share this series with you as a reminder that whilst the tools and technologies may advance, the basic principles of project management will always remain the same.