RISK ANALYSIS FOR THE DEVELOPMENT OF XYZ RESIDENCE

  • Ardiantono Dewie Saktia Institut Teknologi Sepuluh Nopember
  • Pidekso Satrio Hestu Institut Teknologi Sepuluh Nopember
Abstract views: 17 ,
Keywords: Impact Matrix, Probability, Risk Analysis, Severity Index

Abstract

Population growth in Indonesia creates new challenges for the housing sector. Scarcity in Jakarta and high land prices make residents actively look for alternative housing options in neighboring areas such as Bogor. This causes increased competition between housing development companies, including the XYZ residence project. This research uses the severity index to analyze, evaluate, prioritize and suggest strategies for managing construction-related hazards in the xyz housing area project. From the research results it appears that in the temporal dimension of the XYZ residence construction project, 28 hazards have a very low probability of affecting the project schedule, 14 hazards have a low probability, 2 (two) hazards have a medium probability, 3 (three) hazards have a high probability, and 4 (four) danger has a very high probability. Likewise, the evaluation of the level of risk in the cost aspect of the xyz residence development project shows that 36 risks have a very low probability of influencing project costs, compared to 5 (five) low risks, five medium risks, 1 (one) high risk, and 4 (four) very high risks. For this reason, it is necessary to implement measures that impact the financial dimension.

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Published
2024-04-30
How to Cite
Dewie Saktia , A., & Satrio Hestu , P. (2024). RISK ANALYSIS FOR THE DEVELOPMENT OF XYZ RESIDENCE. Eksis: Jurnal Riset Ekonomi Dan Bisnis, 18(2), 69 - 82. Retrieved from https://ejournal.stiedewantara.ac.id/index.php/001/article/view/1284

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