Evaluation of Project Budget Due to Price Fluctuations Based on Digital Technology in Factory Construction Projects
DOI:
https://doi.org/10.24036/cived.v10i3.440Keywords:
Construction Projects, Project Budgets, Factory BuildingsAbstract
The development of industrial construction requires adequate resources to avoid the failure and risk of the project. The resources required are materials (building materials), human resources (human resources), machines (equipment), capital (money), methods (methods of implementation), timing, and information on the implementation of the construction. According to data from the Central Statistical Agency (BPS), wages of labor in Indonesia of Rs. 2.89 million increased by 1.12% by 2022. In addition, the price of construction materials has also increased, such as steel, steel bones, concrete, and other construction materials. Especially steel price increases, starting in the second year of the pandemic, have risen about 30%–40%. Generally, the construction of factory buildings uses more steel profiles for the construction of warehouses—storage of raw materials or warehousing of production sites. This has a huge impact on the project budget that has been estimated prior to material price fluctuations. Therefore, the re-evaluation of the project budget in PT. XYZ, which has been estimated by the company at Rp. 219.5 billion, has a total budget change to Rp. 276.1 billion.
Downloads
References
Callahan, K. R dkk (2007). “Project Management Accounting: Budgeting, Tracking and Reporting Costs and Profitability”. John Wiley & Sons, Inc., New Jersey.
Chandra, dkk. 2003. “Perkiraan Biaya Konstruksi”. Jurnal Universitas Atmajaya.
Darmanto, B., Widjayakusuma, J., & Simanjuntak, M. R. A. (2020). “Identifikasi Faktor-Faktor yang Menyebabkan Cost Overrun pada Konstruksi Gedung Bertingkat.” Tantangan dan Inovasi Teknologi dalam Menghadapi Kegagalan Konstruksi dan Struktur Bangunan. Proceedings of Seminar Nasional Teknik Sipil 2020, Surakarta, Indonesia, June 10, 334-342.
Dimyati, Hamdan dkk. 2014. “Manajemen Proyek”. CV Pustaka Setia.
Ervianto, Wulfram I. 2002. “Manajemen Proyek Konstruksi”. CV Andi Offset. Yogyakarta.
Kamaruddeen, A. M dkk. 2020. “A Study on Factors Causing Cost Overrun of Construction Projects in Sarawak, Malaysia.” Civil Engineering and Architecture. Vol. 8, No. 3, 191-199.
Project Management Institute. 2017. “A Guide To The Project Management Body Of Knowledge (PMBOK Guide) (6rd ed.).
Remi, F. F. 2017. “Kajian Faktor Penyebab Cost Overrun pada Proyek Konstruksi Gedung”. Jurnal Teknik Mesin. Vol 6, 33-39.
Rosenfeld, Y. 2014. “Root-Cause Analysis of Construction-Cost Overruns.” Journal of Construction Engineering and Management. Vol. 140, No.1, 1-10.
Setiawan, T. H. dkk. 2017. “Analisis Frekuensi dan Besarnya Pengaruh Faktor-Faktor Penyebab Pembengkakan Biaya Pelaksanaan Proyek Gedung di Kota Bandung.” Manajemen Aset dan Infrastruktur Berkelanjutan. Proceedings of Simposium II, UNIID, Palembang, Indonesia, September 19 - September 20, 212-218.
Soeharto, Iman. 1995. “Manajemen Proyek Dari Konseptual Sampai Operasional”. Erlangga. Jakarta.
Subagyo, Drs. Pangestu. 2000. “Manajemen Operasi”. Edisi pertama. Yogyakarta: BPFE-Yogyakarta.
![](https://cived.ppj.unp.ac.id/public/journals/1/article_440_cover_en_US.png)
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Zel Citra, Paksi Dwiyanto Wibowo, Yosie Malinda
![Creative Commons License](http://i.creativecommons.org/l/by/4.0/88x31.png)
This work is licensed under a Creative Commons Attribution 4.0 International License.