31 Aug A Standardized Time Classification Framework for Mobile Equipment in Surface Mining: Operational Definitions, Time Usage Model, and Key Performance Indicators
This guideline provides a classification framework for operational activity that will enable meaningful performance analysis and industry-wide comparison. The framework includes the following:
- Recommendations for the consistent classification of common surface mining operational activities, statuses, and events into standard time categories.
- A Time Usage Model, which is a visual representation of the recommended classification framework identified above.
- Recommended definitions for common industry operational key performance indicators (KPIs) for reporting mining asset availability and utilization.
- The time categories, Time Usage Model, and KPI definitions outlined in this guideline are not intended to be industry standards; these are recommendations for recording and understanding operational performance. The framework documented in this guideline will support further collaboration aimed at developing additional KPIs and definitions.
This guideline was developed by the Data Access and Usage Working Group. Future work on this subject matter will be covered under the Asset Management Working Group.