Value Improvement Practices (VIP’s)

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Value Improvement Practices (VIP’s)

Value Improvement Practices (VIPs) systematically challenge early assumptions to maximise value before capital is committed. They optimise CAPEX, OPEX, schedule, and risk while aligning design with business objectives. Applied early, VIPs prevent over-design, scope creep, and false certainty at FID. Leading interviews with team members, running workshops, recommendation’s report and monitoring changes can optimise study results.

Common VIP Areas in Mining & Metals:

  • Value Engineering (VE)
  • Concept Selection & Alternatives Analysis
  • Process & Flowsheet Optimisation
  • Metallurgical & Throughput Optimisation
  • Mine Design & Sequencing Optimisation
  • Infrastructure & Utilities Optimisation
  • Capital Efficiency & Cost Optimisation
  • Operating Cost & Productivity Optimisation
  • Constructability & Modularisation
  • Execution & Contracting Strategy Optimisation
  • Schedule Optimisation & Critical Path Reduction
  • Operability & Maintainability