Developing Financial Risk Strategy Decisions for Construction Projects from Perspective of the Project Owner
DOI:
https://doi.org/10.30829/jombi.v2i1.9418Abstract
Project funding risks can arise from sources of funds, which mostly come from equity and bonds. In addition, the impact is in the form of cost overruns and delays in project completion. Identification of the risk probability that may occur is the first step in controlling the achievement of targets as expected by measuring each risk level that may occur and mapping each level of risk. Then proceed with the mitigation process and monitoring methods. The proper mitigation will undoubtedly bring benefits to the project owner. Hence, the need arises for Developing Financial Risk Strategy Decisions for Construction projects from the project owner's perspective. We use Risk Index and AHP (Analytical Hierarchy Process) to get decision strategy in financial risk.Keywords: AHP (Analytical Hierarchy Process), risk index, risk managementReferences
Darmawi , H. Manajemen Risiko. Jakarta: Bumi Aksara. 2010.
Dewi, D. Risiko Konstruksi pada Pembangkit Listrik Konvensional, Sebagai Masukan untuk Konstruksi PLTN Pertama di Indonesia. Jurnal Sains dan Teknologi Indonesia Vol. 14, No. 2, 115-122. 2012.
Hansen ST. MSC., S. Manajemen Kontrak Konstruksi - Pedoman Praktis dalam Mengelola Proyek Konstruksi. Jakarta: Grasindo. 2017.
Institute of Risk Management. A Risk Practitioners Guide to ISO 31000:2018. London: Institute of Risk Management. 2018.
ISO 31000, I. O. ISO 31000:2018 Risk Management - Guidelines. Switzerland: ISO Organization. 2018.
Kountur. Cara Mudah Asesmen Risiko Terintegrasi - Quantitative Approach. Jakarta: RAP Indonesia. 2016.
Kountur, R. Manajemen Risiko Operasional. Jakarta: PPM. 2016.
Lepar, F., Mandagi, R., & Lumeno, S. Model Risiko pada Tahapan Pelaksanaan Pembangunan Proyek Pembangunan Swasta yang Berpengaruh Terhadap Kinerja Proyek. Jurnal Sipil Statik Vol.6 No.2 Februari, 125-136. 2018.
Rangkuti, F. Studi Kelayakan Bisnis & Investasi. Jakarta: Kompas Gramedia. 2012.
Saaty, T. Decision Making With The Analytic Hierarchy Process, International Journal of Services Sciences Volume 1. 2008.
Sandyavitri, A. (2008). Analisa Risiko Pembangunan Proyek Konstruksi di Pedesaan (Studi Kasus : Pembangunan Infrastruktur Air Bersih dan Transportasi). Seminar Nasional Teknik Kimia Oleo & Petrokimia Indonesia 2008, 1-15.
Smith, N. Engineering Project Management. Chicester: John Wiley and Sons Ltd. 2008.
Zhi, H. Risk management for overseas construction projects. International Journal of Project Management., 231-237. 1995
Downloads
Published
Issue
Section
License
Authors who submit papers to Journal of Management and Business Innovations (JOMBI) under a CC-BY license do so under the Open Access facility and pay to have their paper freely available online. Authors will be asked to sign an Open Access license agreement prior to publication.
Articles published under this arrangement are made freely available online upon publication without subscription barriers to access. Users of such published articles are entitled to use, reproduce, disseminate, or display these articles provided that:
The original authorship is properly and fully attributed;
The journal and publisher are attributed as the original place of publication with correct citation details given;
If an original work is subsequently reproduced or disseminated not in its entirety but only in part or as a derivative work this is clearly indicated.
Authors are also entitled to deposit the final electronic version of the article into an institutional or centrally organized subject repository upon publication. This is provided that they include a link to the published version of the article on the journal's web site, and that the journal and JOMBI are attributed as the original place of publication, with correct citations given.
This broad license has been developed to facilitate open access to, and free use of, original works of all types for personal, research and educational use.
In the future JOMBI may choose to produce printed copies of articles in bound form. This means that articles will reach a wider audience than users of the web-based journals we produce, and that articles will be available in durable form. Without prejudice to the terms of the license (see Author Information section of this website) we reserve the right to reproduce author's articles in this way.
