Managing Innovation in the Engineering Construction Industry
Organization: Society for Mining, Metallurgy & Exploration
Jan 1, 1998
The rapidly expanding, globally based mining industry provides many opportunities and challenges for the engineering construction business. This paper reviews some of the innovations that the industry is implementing to provide increased value in the design, construction, and successful start-up of new mine plant facilities. Approaches being taken to reduce installed-plant costs as well as related value-enhancement opportunities are discussed. Included are comments on new technology developments, use of automation and global communications networks, application of economic models as a project design tool, and management approaches being adopted to make the engineering construction process significantly more effective.