Abstract

Almost all mine owners, no matter how big or small, need to enlist the assistance of many consultants, vendors, and contractors to complete the work to build a mine and get it to the point of meeting target production. Successful projects are able to assemble this broader team and effectively motivate them to achieve whatever targets are applicable to the specific project. However, there is a growing trend of dysfunctional contracting relationships which is adding to the list of reasons major capital projects are failing at an alarming rate. The causes are a combination of project structures, behaviors on both sides of the contractual relationship, and systemic constraints. This presentation provides some insights into this trend and presents a few strategies for solving some of the challenges.

Biography of the presenter

Ken Murray is the CEO of Captrics Consulting, which he founded to increase the effectiveness and efficiency of the mining industry through the use of improved management techniques and new technologies. He is also VP Engineering for Inspire Resources who is implementing an alternate mining business model to create more sustainable outcomes for all stakeholders in mining projects. He is a professional mechanical engineer and professional project manager with a 20-year background in capital projects, management consulting, innovation and technology. His passion is to improve our lives by continually learning and trying to conceptualize new ways of working. His background allows him to adopt a systems-based approach to tackle most problems and to create an integrated world where the system is better than the sum of the parts.