Risk analysis in feasibility study of building construction project: case study - PT. Perusahaan Gas Negara Indonesia

Firmansyah, Bayu A., Veronika, Alin, & Trigunarsyah, Bambang (2006) Risk analysis in feasibility study of building construction project: case study - PT. Perusahaan Gas Negara Indonesia. In Kanok-Nukulchai, Worsak, Munasinghe, Sunil, & Anwar, Naveed (Eds.) The Tenth East Asia-Pacific Conference on Structural Engineering and Construction, August 3-5, 2006, Bangkok, Thailand.


Investment in construction project is able to give higher benefit beside of its high uncertainty. The uncertainty depends on many risk factors. The influence of the identified risk then has to be evaluated and calculated towards the project feasibility. Before investment, the feasibility of the project has to be done that gives figures of cash flow on the following years. This can be one of the considerations for making a decision whether this project is feasible or not. Risks that overshadow the construction project have to be calculated as an influential factor towards the failure of a project. This paper aims to know the feasibility of project investment by calculating the risk factors and treatment. Risk probability matrix is used to obtain the risk priority, which then continued with financial analysis for the feasibility study and also sensitivity analysis. The study shows that the parameter investment value will be increased when treatment is done on risk.

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2 citations in Scopus
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ID Code: 6551
Item Type: Conference Paper
Refereed: Yes
Additional Information: Access to the author manuscript version is currently restricted pending permission from the publisher. For more information, please refer to the journal’s website (see hypertext link) or contact the author : bambang.trigunarsyah@qut.edu.au
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Keywords: risk, feasibility study, sensitivity analysis
Subjects: Australian and New Zealand Standard Research Classification > ENGINEERING (090000) > CIVIL ENGINEERING (090500) > Construction Engineering (090502)
Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Building Construction Management and Project Planning (120201)
Divisions: Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering
Copyright Owner: Copyright, 2006 by School of Engineering and Technology, Asian Institute of Technology
Deposited On: 19 Mar 2007 00:00
Last Modified: 10 Aug 2011 18:05

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