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COST AND TIME ANALYSIS USING EARNED VALUE METHOD IN ADMINISTRATION BUILDING CONTRUCTION PROJECT AT POLIJE CAMPUS Irniawan, Dodik; Oetomo, Wateno; Marleno, Risma
INTERNATIONAL JOURNAL ON ADVANCED TECHNOLOGY, ENGINEERING, AND INFORMATION SYSTEM Vol. 2 No. 4 (2023): NOVEMBER
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/ijateis.v2i4.1059

Abstract

Implementation of construction projects often faces delays in work completion. Delays in project completion that exceed the time limit specified in the contract cause losses both from the contractor as the executor and the assignor. Project implementers pay more attention to the cost aspects incurred and often ignore the time control of project implementation so that project implementation often experiences delays in work. The purpose of this study is to analyze the time efficiency carried out by the provider from the beginning of the work, during monitoring, to the end of the project implementation. And estimate how much it costs from the start of work, when monitoring until the project is completed using the Earned Value Method. From the analysis, results and discussion of the Bondowoso Polije Campus Administration Building project, it can be concluded that the project work time exceeds 2,543 weeks for the total work and will experience a loss of Rp 393,323,318.10 from the reduction of the total contract minus the total financing. Therefore, the construction management proposes to shift the work schedule to work that does not require the achievement of the main construction. In addition, the contractor should communicate to the assignor of the Administration Building project to increase the duration of the administrative building construction project work. And participate in finding alternative suppliers of the main material without having to wait for the vendor to get the material needed.
EARNED VALUE ANALYSIS FOR COST AND TIME EFFICIENCY ON THE BONDOWOSO POLIJE CAMPUS ADMINISTRATION BUILDING PROJECT Irniawan, Dodik; Oetomo, Wateno; Marleno, Risma
JOURNAL OF HUMANITIES, SOCIAL SCIENCES AND BUSINESS Vol. 3 No. 2 (2024): FEBRUARY
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/jhssb.v3i2.1042

Abstract

The problem in the implementation of the Bondowoso Polije Campus Administration Building Project is the limited cost and time available. With a 5 (five) storey building design with a reinforced concrete structure, each floor of which has an area of 240 m2 with a total floor area of almost 1440 m2, this building is a fairly complex building, in terms of the function of the building itself. The contract value of physical work amounted to Rp. 5,599,873,601.60 and was carried out within 120 days or 18 weeks. This research method uses Earned Value Method. From the analysis, results and discussion of the Bondowoso Polije Campus Administration Building project, the main conclusion is that there are variations in cost and time during the project period, with the lowest value of Cost Variation reaching (-)Rp 228,191,016.04 in week 7. Although the Cost Productivity Index (CPI) showed positive and negative variations, with a low of 0.672 in week 7, the Time Productivity Index (SPI) was always < 1, reaching a final value of 0.663. The estimated cost (EAC) to complete the project is IDR 5,993,156,919.70, while the estimated total work time (EAS) of the project is 20.543 weeks. Overall, the project is expected to experience a delay of 2.543 weeks and a cost loss of Rp 393,323,318.10.