Open AccessCost Performance Study on EPC Projects in Banten Province (Case Study: Substation and Transmission lines 150 kV EPC Project)
Author(s) -
Arif Deni Rahmat,
Manlian Ronald A. Simanjuntak
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/852/1/012030
Subject(s) - procurement , cost estimate , project management , schedule , project planning , scheduling (production processes) , business , operations management , computer science , engineering , systems engineering , marketing , operating system
Engineering. Procurement. and Construction projects (EPC) were involved with many people and used a lot of resources faced a lot of uncertaintly and risk which were happened would be impact the performance of the project. Cost is a resource that plays an important role in supporting a project construction. Cost planning can be done through a costs scheduling in order to obtain the required amount of cost based on the time of project implementation. This study aims to assess the cost performance of the Substation and Transmission lines 150 kV EPC project in Banten Province. The study methodology includes identifying cost performance indicators derived from various issues by means of literature studies and portrait studies of substation and transmission lines 150 kV EPC projects in Banten Province. This research is expected to be able to provide a picture of the cost performance that is part of the Management Cost and Control System (MCCS) both in the planning process and during implementation. In the end, this study is expected to be able to provide positive recommendations for the contractor to produce the project with the best project funding. The impact of this study, will also provide a positive thing for the smooth running of the EPC Project, especially the construction of the Substation and Transmission lines 150 kV.