Article Per Year (5 Year)
p-Index From 2021 - 2026
0.444
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This Author published in this journals
All Journal Petra International journal of Business Studies (IJBS) Research In Management and Accounting (RIMA)
Effnu Subiyanto
Widya Mandala Surabaya Catholic University
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Managing Complex Investment Procedures: The Corporate Strategy to Address Uncertainty Construction Policies in Indonesia Effnu Subiyanto
Petra International Journal of Business Studies Vol. 6 No. 1 (2023): JUNE 2023
Publisher : Master of Management, School of Business and Management, Petra Christian University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.9744/petraijbs.6.1.80-91

Abstract

This study aims to obtain notice, knowledge, and practical experience to help-guiding-investors on how to anticipate and deal with complicated investment procedures in Indonesia. As a developing country, Indonesia is well known for applying complicated and overlapped procedures. The complex procedures start in the beginning phase, during construction, and even arise again when the construction phase has nearly completed to enter operation. The methods presented are based on mixed interdisciplinary analyses. In preliminary, we enhanced the initial data using case studies. In the next phase, we validate through an exploratory study combined with an analytical hierarchy process. We provide an additional stage of descriptive analysis before we conclude as research findings. The results found that investors must first build a bolstered project team to address the complicated procedures. The team has addressed five stages that must be carefully handled: the preparation phase, procurement stage, groundbreaking and construction period, commissioning time, and the scheduled closing ceremonies. The most attention is addressing the preparation stage. Despite being proven in the cement projects, the findings can be implemented in other construction projects with several adjustments. This study demonstrated better building governance for societies and Nations and would be beneficial to improve the fairness climate for the Government of Indonesia.
BUILDING FUNCTIONAL PROJECT ORGANIZATION: EVIDENCE FROM INDONESIA CEMENT PROJECTS Effnandya, Aini Nur Febianti; Effnandya, Annisa Farahmei; Subiyanto, Effnu
Research In Management and Accounting (RIMA) Vol. 8 No. 2 (2025): December
Publisher : Fakultas Bisnis Universitas Katolik Widya Mandala Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33508/rima.v8i2.7623

Abstract

The aim of this study is to provide a practical established of functional project organization based on empirical experience from executing several cement projects in Indonesia. This study developed a mixed interdisciplinary case study, content analysis, and descriptive analysis. First, we employed a case study to collect data and information on the cement projects in Indonesia from 2008 to 2023. Second, we conducted content analyses to examine preliminary findings from the first stage. Finally, we developed a descriptive analysis to draw conclusions, recommendations, and suggestions. This study justified that the engineering, procurement, and construction contract (EPCC) organization was the best fit and received adequate support to be applied in the cement projects. This type of organization has been recognized by practitioners of cement projects in Indonesia. An important note is that the organization must have a framework chart authorization to govern finance circulation.
Co-Authors Effnandya, Aini Nur Febianti Effnandya, Annisa Farahmei