EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis
Vol 13 No 2 (2025): April

Business Feasibility Study Of Electronic Government System Application Development Project Using Capital Budgeting Method By PT Sangkuriang Internasional

Widadi, William Rusly (Unknown)
Sibarani, Mentiana (Unknown)



Article Info

Publish Date
16 Apr 2025

Abstract

Capital budgeting is an important part of a project, because it is a process for business evaluation that is useful for assessing the feasibility of a project. In previous projects, PT Sangkuriang Internasional did not calculate capital budgeting of the project and only looked at the possible profits based on the predicted cash flow. Capital budgeting will be used as a reference for companies or organizations to continue or not a project. The purpose of this study is to analyze the feasibility of the Electronic-Based Government System Application Development project from an economic perspective for the Sangkuriang Internasional company. This research method uses a quantitative descriptive method. Data will be taken from ongoing projects and some will be forecasted to complete incomplete data. The forecasting carried out will follow the advice given by the company's finance department. The results of the feasibility analysis show that the Electronic-Based Government System application development project is feasible to work on. From the results of the economic feasibility analysis, the value obtained was NPV = Rp 920.868.596,90, PI = 2,20, IRR = 26,497% per month (317,968% in 1 project), PP = 5.76 months, and RoI = 14.09% with the Weighted Average Cost of Capital used is 10%. So based on the results of economic feasibility shows that the Electronic-Based Government System application development project is still feasible to be continued by the company PT Sangkuriang Internasional.

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Journal Info

Abbrev

ER

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Energy Other

Description

Ekombis Review: Jurnal Ilmiah Ekonomi dan Bisnis is a peer-reviewed journal. Ekombis invites academics and researchers who do original research in the fields of economics, management, and ...