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All Journal Jurnal Riset Akuntansi Politala Jurnal Riset Bisnis dan Manajemen Jurnal Ekonomi Efektif Journal of International Conference Proceedings Engagement: Jurnal Pengabdian Kepada Masyarakat
Ali Muktiyanto
Universitas Terbuka
Religion Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Social Sciences

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Journal : Jurnal Riset Bisnis dan Manajemen

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COST OVERRUNS ON RAILWAY SIGNALLING PROJECT: QUALITATIVE CASE STUDY ON LRS COMPANY Rustandi Rustandi; Ali Muktiyanto; Ceacilia Srimindarti
Jurnal Riset Bisnis dan Manajemen Vol. 15 No. 01 (2022): February Edition
Publisher : Faculty of Economic and Business, University of Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jrbm.v15i01.5183

Abstract

Railway is a mode of transportation that provides several advantages over other modes in terms of punctuality, capacity and energy efficiency. The signalling system is the main element of the railway which functions to ensure the safety of train travel. Several signalling construction projects carried out by LRS experienced cost overruns. It is necessary to conduct research to determine the causes of cost overruns, as the basis for the improvement process of Project Cost Management. The research was conducted using a qualitative case study method referring to the Miles & Huberman interactive model, with descriptive analysis. Data collection was carried out by triangulation including in-depth interviews, documentation, and FGDs. The selection of informants was carried out using purposive sampling method combined with snowball sampling method. Triangulation of data collection methods and triangulation of sources was carried out to increase the reliability of the research. The study found that the four factors most frequently mentioned by informants as the main causes of cost overruns, namely: Changes in scope; Extension of time; Weak of internal planning and Increase in material prices.
Co-Authors Agus Prasetyo Ceacilia Srimindarti Etik Riyani Hety Budianti Hety Budiyanti Indrianawati Usman Isa Martian Mahyus E. Sitompul Maya Puspita Sari Rabani Rustandi Rustandi Sakina Tantri Taufiqurrahman Hasyim Wahyu Wahyu Yeni Widiastuti