In an effort to remain competitive and efficient, organisations are continually seeking best practice tips and strategies to optimise their estimating and project management processes.
One seasoned industry insider has found through personal experience that best practices are aspirational, and can vary across company, vertical and project.
However, mining owners and contractors can concentrate on four areas of discussion to better assess a budget’s degree of accuracy.
An easy action plan that includes benchmarking and clearly defining project scope is provided.