Risk Analysis to Mitigate Dominant Risk of Electrical Infrastructure Construction

DOI

10.2991/978-94-6463-288-0_17How to use a DOI?

Keywords

risk management; risk indicator; risk mitigation; analytical network process; dominant risk

Abstract

Over the past 5 years, the achievement of the Risk Maturity Model (RMM) level value at PT PLN (Persero) UID Bali has not yet reached the target with a gap of 0.47 from the target of 4.19 at the end of 2024. The company’s lack of optimization in using the budget period 2018-2023 may be an indicator that the enterprise risk management (ERM) culture has yet to be embedded in all business processes, especially in budget management planning. It is necessary to conduct a risk analysis study in all system development projects, one of which is the Turyapada Tower project in the PLN UP3 North Bali work area. The purpose of this study is to determine the indicators, analyze and mitigate the dominant risk of delay in the implementation of electrical infrastructure construction of the 0 Tower project. The research used a literature review and risk breakdown structure for risk identification, analytical network process (ANP) analysis to determine the dominant risk, and expert opinion to determine mitigation efforts for the dominant risk. The results showed that there were five risk groups consisting of technical risks (6 risk factors), management risks (5 risk factors), bureaucracy risks (3 risk factors), financial risks (5 risk factors), and safety risks (3 risk factors). The dominant risk analysis ranked five risks: bureaucracy risks (3 risk factors) and industrial accident risks (2 risk factors). The five dominant risks were mitigated.

Copyright

© 2023 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.

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TY  - CONF
AU  - Salim Afif
AU  - Moses Laksono Singgih
PY  - 2023
DA  - 2023/11/19
TI  - Risk Analysis to Mitigate Dominant Risk of Electrical Infrastructure Construction
BT  - Proceedings of the 4th International Conference on Informatics, Technology and Engineering 2023 (InCITE 2023)
PB  - Atlantis Press
SP  - 183
EP  - 195
SN  - 2589-4943
UR  - https://doi.org/10.2991/978-94-6463-288-0_17
DO  - 10.2991/978-94-6463-288-0_17
ID  - Afif2023
ER  -