Case study

CapEx benchmarking for a resources company


A resources company hired a consultancy to apply internal and external Capex benchmarking to identify areas where spend exceeded industry norms and conflicted with operational best practice. Delivery Partners conducted capital spend benchmarking and analysis.

Our work

  • External benchmarking of sustaining capital spend
  • Compared sustaining CapEx against factors such as PPE depreciation and cash flow
  • Assisted with an internal review of the organization’s spend and an audit of spend on significant items against operating / maintenance heuristics


A high-level process for capital management was designed, including spend categorization, funds release frequency, and funds-release “toll-gates” for the various spend categories.