PROJECT RISK MANAGEMENT IN SECTOR PUBLIC (Lessons Learned from Indonesia)
Main Article Content
Aisyah Almira*
Nurkholis
Sari Atmini
This study examines the implementation of risk management in public sector infrastructure projects in Indonesia funded by the APBN. Using a qualitative approach and case study method, data were collected through in-depth interviews with stakeholders such as risk managers and risk management teams. The findings indicate that the main risks include land acquisition, design, contractual, and completion time risks. Although risk management is applied at every stage, the lack of documentation hampers the evaluation of its effectiveness. The guidelines provided by the Ministry of Public Works and Housing help accommodate the primary risks but require further adjustments. The urgency of implementing risk management is high to prevent delays and cost overruns. It is recommended to develop specific guidelines, enhance documentation, and conduct continuous training and active collaboration among stakeholders to improve risk management effectiveness and ensure the success of infrastructure projects.
Alijoyo, A. (2021). Risk management implementation in public sector organizations: A case study of indonesia. Organizational Cultures, 22(1), 1.
Bougie, R., & Sekaran, U. (2019). Research methods for business: A skill building approach. John Wiley & Sons.
Bracci, E., Mouhcine, T., Rana, T., & Wickramasinghe, D. (2022). Risk management and management accounting control systems in public sector organizations: a systematic literature review. Public Money & Management, 42(6), 395–402.
Creswell, J. W. (2016). Research Design : Pendekatan Metode Kualitatif, Kuantitatif dan Campuran. Edisi Keempat (Cetakan Kesatu). Yogyakarta : Pustaka pelajar. In Angewandte Chemie International Edition, 6(11), 951–952.
El-Sayegh, S. M., & Mansour, M. H. (2015). Risk assessment and allocation in highway construction projects in the UAE. Journal of Management in Engineering, 31(6), 4015004.
Ludmilla, R. (2023). Penerapan Manajemen Risiko dalam Pemerintahan Negara-Negara di Asia. COMSERVA: Jurnal Penelitian Dan Pengabdian Masyarakat, 2(11), 2487–2501.
Mazhar, S. A., Anjum, R., Anwar, A. I., & Khan, A. A. (2021). Methods of data collection: A fundamental tool of research. Journal of Integrated Community Health (ISSN 2319-9113), 10(1), 6–10.
Okate, A., & Kakade, V. (2019). Risk management in road construction projects: High volume roads. Proceedings of Sustainable Infrastructure Development & Management (SIDM).
Ridder, H.-G. (2017). The theory contribution of case study research designs. Business Research, 10, 281–305.
Salim, S. (2023). Promoting Firm Performance via Board of Directors Effectiveness: A Study of Financial Services Companies in New Orleans. Journal Of Management, Accounting, General Finance And International Economic Issues, 3(1), 16–31. https://doi.org/10.55047/marginal.v3i1.848
Wilson, R. (2021). Risk management and risk sharing in Islamic finance: Theory and practice. In Contemporary Issues in Islamic Social Finance (pp. 36–54). Routledge.
Yin, R. K. (2018). Case study research and applications (Vol. 6). Sage Thousand Oaks, CA.