Improved Contracting Practices and Ground Risk Management Using Geostatistics - NAT2022

- 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:
(2022) Improved Contracting Practices and Ground Risk Management Using Geostatistics - NAT2022MLA: Improved Contracting Practices and Ground Risk Management Using Geostatistics - NAT2022. Society for Mining, Metallurgy & Exploration, 2022.