This paper has been written to satisfy the requirements of BA 890 Research Paper as part of the course work for the Master of Business Administration Degree, University of Queensland.
In this paper, I have drawn on my experience in the coal mining industry during which I have been involved in the preparation of tender submissions and feasibility studies for coal areas in Central Queensland as well as in the development of reporting systems for the project management of major coal venture developments. My background is in the areas of accounting and finance, however I have been involved in multi-disciplinary teams including mining engineers, other engineering disciplines and commercial managers and this experience is also drawn upon in this paper.
Since my first visit to the Central Queensland coal fields, coal mining ventures have held a special fascination particularly in watching and being involved in bring such ventures to fruition. They require a careful blend of engineering, commercial, financial and management skills which I hope are reflected in this paper.
I also take this opportunity to thank my supervisor, Dr Richard Lane of the Department of Management, University of Queensland for his assistance and also a special thanks to my typist Miss Diana Gilbert for her persistence and patience in the unenviable task of producing this manuscript.