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IMPLEMENTATION OF RISK MANAGEMENT PLANNING IN INFRASTRUCTURE PROJECT-CASE STUDY IN X COAL TRANSPORTATION PROJECT PT ABC
Faris Dzikrur Rahman, Leo J. Susilo

SBM ITB Jakarta Campus
TK Low Center for Executive Education Gedung Graha Irama (Indorama), 12th floor, Jl. H. R. Rasuna Said No.Kav. 1-2, RT.6/RW.4, Kuningan Tim., Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12950


Abstract

The mining company cannot be separated from risk exposure, especially for the company that has various project, in this case PT ABC. In this journal, the particular project that is going to be examined is coal transportation infrastructure development project. The project is intended to enhance coal capacity to 10 million ton per year. From the previous infrastructure project, risks usually appears in an intense exposure, leads to harmful consequences for the completion of the project. The purpose of this research is to develop risk management plan that contains several steps that must be followed by project team in order to prevent and mitigate the risks. This study focused on identifying possible risks that might appear in infrastructure development project, particularly at the planning stage of the project, by using the framework of risk management plan that is associated with the analysis of the current issues faced by the company. The severity level of each risks is obtained by involving the employees and project team that have high experience in handling similar project through the usage of questionnaire as semi-quantitative method. From the analysis that is conducted, it is found that there are nine major risks that should be expected and prioritised by project team, namely (1) Community rejection, (2) long negotiation, (3) absence of licensing rule, (4)planning process delay, (5) excessive bureaucracy, (6) design doesn-t meet output requirements, (7) environmental damage, (8) planning results cannot be implemented, and (9) unexpected natural condition. This risks will be prioritised based on the high severity of impact and frequency of risk likelihood. The specific way of risk treatment, therefore, will be conducted thoroughly. The research concludes that there are benefit in knowing the major risks that might happen in the Project before the Project begin so that the Project leader could prepare the risk treatment plan that is in line with the capacity and context of the Project.

Keywords: risk management, coal, railway track infrastructure, risk management plan, project management

Topic: International Symposium on Social Sciences, Humanities, Education, and Religious Studies

Link: https://ifory.id/abstract/P2uyXDr6cqpL

Conference: The 3rd International Conference on Sustainability and Innovation (ICoSI 2019)

Plain Format | Corresponding Author (Faris Dzikrur Rahman)

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