Abstract
What is Rapid Development?
›Mining companies in capital projects ask for contractors to bid on development tunnels.
›Since bids are competitive and judged on cost per an advance rate, generally the lowest bidder wins on a low cost advance rate.
›Mining companies ask for “rapid development” techniques in tender bids. In reply to these bids, contractors generally say that they will “just do things better”.
›Rapid development implies a step change and not a minimum cost scenario or just doing better.