Improved Contracting Practices and Ground Risk Management Using Geostatistics - NAT2022

Society for Mining, Metallurgy & Exploration
Jacob Grasmick Bill Newns
Organization:
Society for Mining, Metallurgy & Exploration
Pages:
8
File Size:
2622 KB
Publication Date:
Dec 1, 2022

Abstract

Despite ongoing digitization and “hardware” technological advances, geotechnical uncertainty remains the most significant risk in underground and tunnel construction. And, whilst they are commonly held up as an example of the sophistication of the industry, the practice of drafting and using geotechnical baseline reports is subject to a wide range of influences, not all of which support good risk management. Uncertainties in predicting ground behavior, the gap between the pre-construction assumptions, and the systemic response to construction remains a significant technical and communication challenge. Accordingly, this paper presents a framework to quantify geotechnical uncertainty using geostatistics and translate these into practical tools for ground risk management throughout planning, procurement and construction. Adopting even some of the principles of this framework should provide improvements to contract risk management and should assist to minimize the potential for commercial losses.
Citation

APA: Jacob Grasmick Bill Newns  (2022)  Improved Contracting Practices and Ground Risk Management Using Geostatistics - NAT2022

MLA: Jacob Grasmick Bill Newns Improved Contracting Practices and Ground Risk Management Using Geostatistics - NAT2022. Society for Mining, Metallurgy & Exploration, 2022.

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