The resources industry is unique in that the finite nature of resource deposits requires a participant to be constantly locating and developing new ones to replace those that are depleted. An effective growth strategy that enables new project developments to be brought on line in time and within budget is therefore of fundamental importance to any mineral resources company. This paper seeks to identify the role of the development project in the company's overall growth strategy and the key performance criteria that a development project must achieve in order to allow a company to meet its growth objectives.