Journal of Infrastructure Policy and Management (JIPM)
Vol. 6 No. 2 (2023): Journal of Infrastructure Policy and Management (JIPM)

Manajemen Risiko terhadap Kontrak Perencanaan Konstruksi Jalan Tol dengan Metode Simulasi Monte Carlo

Luthfi Maulana Sutedi (Jurusan Teknik Sipil, Politeknik Negeri Jakarta)
Hari Purwanto (Universitas Indonesia)



Article Info

Publish Date
20 Dec 2023

Abstract

The XYZ Toll Road Section Project experienced contract failure due to multiple changes in the planning contract (addendum), resulting in disruptions to the implementation process and the failure to meet the overall project completion target. The objective of this research is to analyze the potential risks that led to contract failure and propose mitigation efforts for each identified risk. The method employed is the Monte Carlo Simulation, providing a comprehensive approach through empirical data from questionnaires and simulation results to enhance the accuracy of the analysis. This study identified 9 high-level risks and 4 medium-level risks based on risk analysis and categorization on the risk map. The research also strives to implement mitigation measures for each risk based on the prioritized risk values, from highest to lowest, as a form of risk management. This approach aims to minimize the likelihood of contract failure and enhance the operational efficiency of the project.

Copyrights © 2023






Journal Info

Abbrev

jipm

Publisher

Subject

Civil Engineering, Building, Construction & Architecture Control & Systems Engineering Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering

Description

Journal of Infrastructure Policy and Management (JIPM) welcomes any articles from various disciplines, such as Public Policy, Urban Planning and Design, Environment and Sustainable Development, Economics and Fiscal Policy, Creative Financing, Taxation and Finance, Law, Engineering, Sociology, and ...