Optimization of Construction Costs Through Budget Plan Review
- DOI
- 10.2991/978-94-6463-587-4_37How to use a DOI?
- Keywords
- Cost; Engineering; Optimization; Value
- Abstract
A project’s implementation costs are one of the most important elements in deciding if a construction project will succeed. The Project execution frequently encounters issues like ineffective material utilization, inept personnel, and improper work method selection. These problems may cause projects to be completed more slowly and more expensively than planned. Project cost control can be used to lessen these issues. Value engineering analysis is the research methodology used. Value engineering is used to optimize project expenses by locating and eliminating superfluous costs. This study aims to maximize building project efficiency in terms of money, time, technology, and creativity. Price surveys are the principal means of data collecting in this descriptive-quantitative study design. Project managers and suppliers of materials are among the respondents. The Unit Price Analysis and the Budget Plan are examples of the secondary data that was employed. The best alternative design and the least expensive alternative design are divided into two categories based on the analysis results. The cheapest alternative’s cost optimization is 9.95%, or IDR 1,336,499,405, of the initial design cost, whereas the best alternative’s cost optimization is 9.14%, or IDR 1,222,120,406.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Ni Made Sintya Rani AU - Kadek Adi Suryawan PY - 2024 DA - 2024/12/01 TI - Optimization of Construction Costs Through Budget Plan Review BT - Proceedings of the International Conference on Sustainable Green Tourism Applied Science - Engineering Applied Science 2024 (ICoSTAS-EAS 2024) PB - Atlantis Press SP - 322 EP - 329 SN - 2352-5401 UR - https://doi.org/10.2991/978-94-6463-587-4_37 DO - 10.2991/978-94-6463-587-4_37 ID - Rani2024 ER -