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Journal : West Science Interdisciplinary Studies

The Effect of Project Management System Implementation, BIM Technology, and Cloud Collaboration on Construction Project Efficiency in Riau Aris Krisdiyanto; Benelekser Tumanggor; Ade Octaviansyah; Herman Purwoko Putro; Kemmala Dewi
West Science Interdisciplinary Studies Vol. 2 No. 08 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i08.1236

Abstract

This study examines the impact of Project Management System (PMS) implementation, Building Information Modeling (BIM) technology, and Cloud Collaboration on construction project efficiency in Riau, Indonesia. Utilizing a quantitative research design, data were collected from 190 professionals involved in construction projects and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The findings reveal that all three factors—PMS implementation, BIM technology, and Cloud Collaboration—positively and significantly influence construction project efficiency. Among these, BIM technology demonstrates the strongest impact, followed by Cloud Collaboration and PMS implementation. The high R² value (0.752) indicates that these factors collectively explain a substantial portion of the variance in project efficiency. This study underscores the importance of integrating advanced technological tools and management practices to enhance project outcomes in the construction industry. The results provide practical insights for construction firms in Riau and similar regions, suggesting that the adoption of BIM, Cloud Collaboration, and PMS can lead to significant improvements in project efficiency.
The Effect of Cash Management and Credit Policy on Liquidity and Profitability of MSMEs in Bandung City Gustina Hidayat; AA Kartiwa; Herman Purwoko Putro
West Science Interdisciplinary Studies Vol. 2 No. 08 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i08.1237

Abstract

This study examines the impact of Cash Management and Credit Policy on the Liquidity and Profitability of Micro, Small, and Medium Enterprises (MSMEs) in Bandung City. Utilizing a quantitative research approach, data were collected from 210 MSMEs through structured questionnaires employing a Likert scale ranging from 1 to 5. The data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS 3). The results reveal that both Cash Management and Credit Policy have significant positive effects on the Liquidity and Profitability of MSMEs. Specifically, effective Cash Management enhances a firm’s ability to meet short-term obligations, thereby improving Liquidity, while robust Credit Policy practices directly contribute to both Liquidity and Profitability by ensuring timely collections and minimizing the risk of bad debts. These findings underscore the critical role of strategic financial management in sustaining the financial health and growth of MSMEs in Bandung City.
The Effect of Project Management System Implementation, BIM Technology, and Cloud Collaboration on Construction Project Efficiency in Riau Aris Krisdiyanto; Tumanggor, Benelekser; Octaviansyah, Ade; Putro, Herman Purwoko; Dewi, Kemmala
West Science Interdisciplinary Studies Vol. 2 No. 08 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i08.1236

Abstract

This study examines the impact of Project Management System (PMS) implementation, Building Information Modeling (BIM) technology, and Cloud Collaboration on construction project efficiency in Riau, Indonesia. Utilizing a quantitative research design, data were collected from 190 professionals involved in construction projects and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The findings reveal that all three factors—PMS implementation, BIM technology, and Cloud Collaboration—positively and significantly influence construction project efficiency. Among these, BIM technology demonstrates the strongest impact, followed by Cloud Collaboration and PMS implementation. The high R² value (0.752) indicates that these factors collectively explain a substantial portion of the variance in project efficiency. This study underscores the importance of integrating advanced technological tools and management practices to enhance project outcomes in the construction industry. The results provide practical insights for construction firms in Riau and similar regions, suggesting that the adoption of BIM, Cloud Collaboration, and PMS can lead to significant improvements in project efficiency.
The Effect of Cash Management and Credit Policy on Liquidity and Profitability of MSMEs in Bandung City Hidayat, Gustina; Kartiwa, AA; Putro, Herman Purwoko
West Science Interdisciplinary Studies Vol. 2 No. 08 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i08.1237

Abstract

This study examines the impact of Cash Management and Credit Policy on the Liquidity and Profitability of Micro, Small, and Medium Enterprises (MSMEs) in Bandung City. Utilizing a quantitative research approach, data were collected from 210 MSMEs through structured questionnaires employing a Likert scale ranging from 1 to 5. The data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS 3). The results reveal that both Cash Management and Credit Policy have significant positive effects on the Liquidity and Profitability of MSMEs. Specifically, effective Cash Management enhances a firm’s ability to meet short-term obligations, thereby improving Liquidity, while robust Credit Policy practices directly contribute to both Liquidity and Profitability by ensuring timely collections and minimizing the risk of bad debts. These findings underscore the critical role of strategic financial management in sustaining the financial health and growth of MSMEs in Bandung City.