Jurnal Ekonomi
Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023

RISK MANAGEMENT TO MINIMIZE CONSTRUCTION COMPANIES PROBLEMS

Faizal Addin Achmad (Universitas Krisnadwipayana)



Article Info

Publish Date
30 Jun 2023

Abstract

The research objective is to explain and describe risk management in minimizing problems that occur in the construction companies. The research method was carried out qualitatively through a literature study approach with the development of theory from W. Brand William about risk management. Data collection techniques with documentation studies. Data processing techniques with condensation, data presentation, and drawing conclusions. Data validity technique with source triangulation. The results of the study show: (1) risk management is an effort made by the construction company to manage the risks that the construction company will face or is currently facing. (2) company problems are problems that arise as a result of discrepancies between processes and production results due to negligence in the utilization of the construction company resources. (3) company risk management steps: (a) risk identification, by analyzing and analyzing the characteristics of the problems faced by the company. (b) risk measurement, by measuring how big the problem will be at risk of causing harm to the construction company. (c) risk handling, namely efforts made by the company to accept, reject and fix existing problems with the aim of not causing fatal consequences for the construction company.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...