Managing Construction Risks of the Toll Road Project in Indonesia

Abstract

Constructing a toll road project required relatively high capital outlays and involving complicated activities. The typical of the project is classified as sensitive to risks and uncertainties. Proper risk management during construction lifecycle period may yield substantial certainties in reducing risk costs. The risk costs were calculated using stochastic analyses. The results showed that there were 7 main activities which were considered as the riskiest ones, and in need to manage such as; construction of concrete structures, road pavement, ground works, interest during construction (IDC), escalation costs, base and sub-base course aggregate, and land acquisition activities. This study identified that before conducting risk mitigation, there was 90% probability of the project costs would be at the range of IDR 23.06 Trillion to IDR 23.96 Trillion. After implementing risk mitigation, there was 90% probability the project cost would decrease at the range of IDR 21.53 Trillion to IDR 22.42 Trillion. Risk Management may reduce project risk costs systematically.

Analysis of the Impact of the Policy on Enforcing Activity Restrictions Communities in Toll Road Construction and Operations Financing Cibitung-Cilincing

“…The ndings of this study are in line with (Sandhyavitri, 2017) which shows that the largest portion of toll road expenses is the cost of sidewalks, concrete structures, and earthworks. Furthermore, research (JICA, n.d) shows that there are differences in that the most expenditure in toll road construction is the general section, structures section, temporary road and stages section.…”

Identifikasi Manajemen Risiko Pada Pekerjaan Presevasi Jalan Kabupaten Banggai, Sulawesi Tengah

“…Jalan adalah sebuah sarana penghubung untuk kebutuhan manusia (Sandhyavitri et al, 2017) berpergian dari suatu wilayah ke wilayah lain dengan tujuan untuk mempermudah dan mempercepat akses menuju ke suatu wilayah yang akan ditujuih (Hendarsih,2000), (Amoatey & Ankrah, 2017)…”

Construction progress monitoring on toll road project using photogrammetry

“…Toll road projects require relatively extensive capital outlays and is globally classified as sensitive to risks and uncertainties as well as involving complicated lists of activities [3]. Current construction management and progress monitoring approach may undervalue the project's worth by failing to exploit IOP Publishing doi:10.1088/1755-1315/1169/1/012032 2 opportunities from a more efficient and accurate data acquisition approaches [4].…”