Manajemen Risiko terhadap Kontrak Perencanaan Konstruksi Jalan Tol dengan Metode Simulasi Monte Carlo
DOI:
https://doi.org/10.35166/jipm.6.2.117-123Keywords:
Tol Road, Planning contract, Risk management, Risk mitigation, Monte Carlo SimulationAbstract
The XYZ Toll Road Section Project experienced contract failure due to multiple changes in the planning contract (addendum), resulting in disruptions to the implementation process and the failure to meet the overall project completion target. The objective of this research is to analyze the potential risks that led to contract failure and propose mitigation efforts for each identified risk. The method employed is the Monte Carlo Simulation, providing a comprehensive approach through empirical data from questionnaires and simulation results to enhance the accuracy of the analysis. This study identified 9 high-level risks and 4 medium-level risks based on risk analysis and categorization on the risk map. The research also strives to implement mitigation measures for each risk based on the prioritized risk values, from highest to lowest, as a form of risk management. This approach aims to minimize the likelihood of contract failure and enhance the operational efficiency of the project.
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Journal of Infrastructure Policy and Management (JIPM)

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
License and Copyright Agreement
In submitting the manuscript to the journal, the authors certify that:
- They are authorized by their co-authors to enter into these arrangements.
- The work described has not been formally published before, except in the form of an abstract or as part of a published lecture, review, thesis, or overlay journal.
- That it is not under consideration for publication elsewhere,
- That its publication has been approved by all the author(s) and by the responsible authorities – tacitly or explicitly – of the institutes where the work has been carried out.
- They secure the right to reproduce any material that has already been published or copyrighted elsewhere.
- They agree to the following license and copyright agreement.
Copyright
Authors who publish with Journal of Infrastructure Policy and Management (JIPM) agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.