JURNAL ECONOMINA
Vol. 5 No. 10 (2026): JURNAL ECONOMINA, Oktober 2026

The Effect of Work Time and Cost Control on Project Cash Flow Through Achieving Profit Target in The Construction of The Jenelata Dam Pt. Adhi Karya (Persero) TBK

Ruddin Rudddin (Sekolah Tinggi Ilmu Ekonomi Makassar Bongaya, Indonesia)
Jannati Tangngisalu2 (Sekolah Tinggi Ilmu Ekonomi Makassar Bongaya, Indonesia)
Syamsul Alam (Sekolah Tinggi Ilmu Ekonomi Makassar Bongaya, Indonesia)



Article Info

Publish Date
30 Oct 2026

Abstract

This study aims to examine and analyze the effect of work time and cost control on project cash flow through the achievement of profit targets in the Jenelata Dam Construction of PT Adhi Karya (Persero) Tbk. The study used a quantitative approach with 49 respondents. Data were collected through questionnaires using a Likert scale and analyzed using the Structural Equation Modeling–Partial Least Squares (SEM- PLS) method using SmartPLS. The results showed that work time had a negative and insignificant effect on project cash flow, while cost control had a positive and significant effect on project cash flow. Achieving profit targets had a positive and significant effect on project cash flow. Work time and cost control each had a positive and significant effect on achieving profit targets. However, achieving profit targets was unable to mediate the effect of work time on project cash flow or the effect of cost control on project cash flow. These findings indicate that cost control and achieving profit targets play an important role in maintaining project cash flow conditions, while work time plays a more important role in supporting the achievement of profit targets than directly affecting project cash flow.

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Journal Info

Abbrev

economina

Publisher

Subject

Economics, Econometrics & Finance

Description

JURNAL ECONOMINA (JE) is a peer-reviewed journal which publishes original research papers. ECONOMINA has been published since 2022. It is currently published every month a year with e-ISSN: 2963-1181. The Digital Object Identifier (DOI) is assigned to each published article and the journal is ...