Section Meetings


Toronto Section


Section Meetings


DATE: Wednesday, January 25, 2017

TOPIC: Statistical Analysis of Parameters Influencing Capital Overruns on Mining Projects

LOCATION: Toronto, Canada


For more than 20 years, the mining and metallurgical sector has been plagued with a poor record of estimating initial capital costs. Capital overruns have been well documented both in the media and mining specific publications. In an effort to improve the quality and maturity of studies throughout the project lifecycle, the speakers have examined factors contributing to error and systematic bias in feasibility study cost estimates. In this presentation, Mr. Pearson and Ms. Wong-Cameron will present their findings from regression analysis of 98 mining projects completed from 1997-2015, identifying project elements found to have a statistically significant impact on capital cost overruns.


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Links - AACE International Headquarters - International Cost Engineering Council - Association Francophone de Management de Projet    - Association of Cost Engineers (U.K.) - Canadian Quantity Surveyors Association



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