Mining Project Benefits Realisation Plan
This is a practical guide to building a benefits realisation plan for a mining project project — how the project’s benefits will be measured and actually realised, adapted to the realities of developing a mine or mineral extraction operation.
What a Benefits Realisation Plan is
A benefits realisation plan is how the project’s benefits will be measured and actually realised. For the full concept and how it works in general, see Benefits Realization. On a mining project project it plays the same role, tuned to this kind of work.
Why it matters for a Mining Project project
Mining Project projects live or die on developing a mine or mineral extraction operation. A well-built benefits realisation plan gives the team a shared, explicit reference for exactly that — reducing ambiguity, aligning stakeholders, and making problems visible early enough to act. Skipping it, or doing it generically, is how mining project projects drift into avoidable delay and cost.
What to include
- Target benefits
- Metrics / KPIs
- Baseline values
- Owner
- Realisation timeline
Mining Project-specific considerations
Tailor the benefits realisation plan to the risks that most often derail mining project projects:
- Environmental and community risk
- Geological uncertainty
- Remote-site logistics
Example
On a real mining project project, the benefits realisation plan would be shaped by developing a mine or mineral extraction operation. In particular, it should explicitly account for the project’s biggest risks — environmental and community risk, geological uncertainty, remote-site logistics — rather than treating them as afterthoughts.