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Potential Benefits and Challenges of Integrating Risk Management with Stakeholder Management: Case Study on Gold Processing Plant Construction Project in Central Sulawesi, Indonesia Chaidir, Siti Zubaidah; Suharko, Arief Bimantoro
Jurnal Indonesia Sosial Sains Vol. 5 No. 08 (2024): Jurnal Indonesia Sosial Sains
Publisher : CV. Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jiss.v5i08.1227

Abstract

The purpose of this study is to examine the potential benefits, challenges, and dynamics of implementing the integration of Risk Management (RM) and Stakeholder Management (SM) on a Gold Processing Plant Construction Project in Central Sulawesi, Indonesia. The method used is qualitative approach using the grounded theory method, with primary data from stakeholder interviews and secondary data from literature studies. The results show that Relationship Mode 3, i.e. Management of Stakeholder Differences Concerning Risk, is most applicable, as it improves conflict management and risk response strategies. Recommendations include the integration of this mode into the financial model as a risk management system.