Project

In 2015, draft standard operational KPIs and a Draft Time Classification Model were developed based on inputs from several major mining organizations. The model captures operational status, events and activities, and places them into time classifications from which the standard performance definitions are derived.  The outcomes include:

  • Standard definitions for Key Operational KPIs and terminology,
  • A Time Classification Model which enables consistent reporting and classification of Operational events and activities and confirmation that events are appropriately classified,
  • A summary of the data needed to generate the KPI’s
  • Identification of OTM /Third party requirements to use data for reporting and analytical purposes.

Standard definitions will enable comparison and benchmarking of equipment and operating performance. By understanding reporting needs, users can create a better understanding of the data needed for the operation and management of the mine and provide clarity between users and suppliers of data.

Case

Standard definitions will enable comparison and benchmarking of equipment and operating performance. By understanding reporting needs, users can create a better understanding of the data needed for the operation and management of the mine and provide clarity between users and suppliers of data.

There are a number of drivers for development of common definitions for production data and operational KPIs:

  • Integration of Technology needs integration of Information
  • Start point for identification of data requirements
  • Operations looking for Metrics
  • Benchmarking
  • Technology as Enabler, and as Driver
  • Enabled easier access to more accurate, precise information
  • Common terminology for use as a reference for mining systems, products and solutions

 

Objective

Develop a common terminology and definitions across industry for development of standard definitions for Production Data and Operational KPIs.

Project Updates

  • Operational KPIs

    Operational KPIs Guideline

    Operational KPIs Guideline

    09 22, 2015

    The Data Access and Usage Working Group (DAU) has begun the review process of its Operational KPIs Guideline. Currently, the guideline is being reviewed by sub-committee and will be entering ...