The monitoring of production costs for the development of a coal mine and the activities of managers

This study investigates the monitoring of production costs as a tool for the economic development of a coal mine and the associated managerial activities. The work describes a methodological approach to the operational monitoring of cost changes to increase the sustainability of an enterprise based on the development of management activities. The hypothesis of the study is that the monitoring of production costs and the factors affecting them, based on the principles of deviation management, stimulates the management to transform the economic component of their activities and the economic development of the enterprise. Methods of observation, comparison, grouping, statistical analysis, and modeling were used to confirm the hypothesis. The conclusions are that the transition from monthly to daily cost monitoring using technology, the operational leverage of productivity, resource efficiency, the differentiation and visualization of emerging deviations in criticality, and the analysis of their causes makes it possible to involve managers at all levels in improving the economic parameters of the mine.