Analisis Pengaruh Faktor Modal Kerja terhadap Kinerja Proyek Konstruksi Gedung di Kota Jambi

Salman Alparisi Agusjaya, Nasfryzal Carlo, Zulherman Zulherman

Abstract


Jambi City Government continues to strive to increase the amount of construction infrastructure that is beneficial to the people of Jambi City. This study aims to identify the factors that influence working capital and analyze the dominant factors that influence working capital. Research through literature review, research questionnaires, population and sample as well as data analysis stages which include data analysis. The first objective of the research is to carry out validity tests, test reliability, normality test, KMO and Bartlett's test and data analysis. The objective of the two studies is to carry out the Mean analysis test to see the dominant factor. Based on the results of the study, it shows that: Factor VII/ Performance, Factor II/ Cash and management policies, Factor VI/ Level of working capital requirements, Factor IV/Receivables and Inventories, Factor V/ Receipts and expenses, Factor 1/ Project Costs, Factor VIII/ Advances and Payments, Factor III, Working capital management. The factor that has the most influence on the contractor's working capital on the performance of building construction projects in Jambi City is Factor VII/Performance with a score of 3.80. While Factor 1/Project Costs got a score of 3.06, Factor VIII/Down Payment and Payments got a score of 3.03, and Factor III/Working capital management got the lowest score, namely 2.99. The Importance of Contractor Performance Factors on Working Capital, efforts to improve contractor performance in building construction projects, as well as collaborative strategies to improve working capital management.


Keywords


Working Capital; Contractor; Building Construction

Full Text:

PDF

References


Aktas, N., Croci, E., Petmezas, D. 2015. Is working capital management value-enhancing? Evidence from firm performance and investments. Journal of Corporate Finance, 301, 98–113.

Ashmore, F. H., Farrington, J. H., Skerratt, S. 2017. Community-led broadband in rural digital infrastructure development: Implications for resilience. Journal of Rural Studies, 54, 408–425.

Budayan, C., Dikmen, I., Birgonul, M. T. 2015. Alignment of project management with business strategy in construction: Evidence from the Turkish contractors. Journal of Civil Engineering and Management, 211, 94–106.

Dziuba, S. T., Ingaldi, M., Zhuravskaya, M. 2020. Employee's Job Satisfaction And Their Work Performance As Elements Influencing Work Safety. 21, 18–25.

Fernando, C. K., Hosseini, M. R., Zavadskas, E. K., Perera, B. A. K. S., Rameezdeen, R. 2017. Managing the financial risks affecting construction contractors: implementing hedging in Sri Lanka. International Journal of Strategic Property Management, 212, 212–224.

Girma, A., Alemu, M. G. 2018. Improving Project Cost Management Practice and Profitability of Domestic Contractors in Vadodara. Journal of Emerging Technologies and Innovative Research JETIR, 55, 51–58.

Guo, H., Yu, Y., Skitmore, M. 2017. Automation in Construction Visualization technology-based construction safety management : A review. Automation in Construction, 73, 135–144.

H. Kyssima, E., Tesha, D. N. G. A. K., Lello, D. S., Mtitu, F. S. 2020. Profit Maximization Strategies Employed by the Small and Medium Size Building Contractors in Dar-Es-Salaam, Tanzania. International Journal of Engineering and Management Research, 1001, 92–110

Hu, Z. Z., Zhang, J. P., Yu, F. Q., Tian, P. L., Xiang, X. S. 2016. Construction and facility management of large MEP projects using a multi-Scale building information model. Advances in Engineering Software, 100, 215–230.

Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. 2010. Multivariate data analysis, 7th ed. Pearson Education.

Kim, N. K., Fareen, N., Rahim, A., Iranmanesh, M., Foroughi, B. 2019. The role of the safety climate in the successful implementation of safety management systems. Safety Science, 118September 2018, 48–56

Li, H., Lu, M., Hsu, S., Gray, M., Huang, T. 2015. Proactive behavior-based safety management for construction safety improvement. Safety Science, 75, 107–117.

Li, J., Greenwood, D., Kassem, M. 2019. Blockchain in the built environment and construction industry: A systematic review, conceptual models and practical use cases. Automation in Construction, 102, 288–307.

Li, X., Chow, K. H., Zhu, Y., Lin, Y. 2016. Evaluating the impacts of high-temperature outdoor working environments on construction labor productivity in China: A case study of rebar workers. Building and Environment, 95, 42–52.

Liu, T., Wang, Y., Wilkinson, S. 2016. Identifying critical factors affecting the effectiveness and efficiency of tendering processes in Public-Private Partnerships PPPs: A comparative analysis of Australia and China. International Journal of Project Management, 344, 701–716.

Tripathi, K. K., Jha, K. N. 2019. An empirical study on factors leading to the success of construction organizations in India. International Journal of Construction Management, 193, 222–239.

Wang, S., Wang, W., Wang, K., Shih, S. 2015. Automation in Construction Applying building information modeling to support fi re safety management. Automation in Construction, 1–10.

Wu, Y., Zhou, J. 2019. Risk assessment of urban rooftop distributed PV in energy performance contracting EPC projects: An extended Hflts-Dematel fuzzy synthetic evaluation analysis. Sustainable Cities and Society, 47

Zimon, G., Zimon, D. 2020. Quality management systems and working capital smes in gpo—a case of Poland. Administrative Sciences, 104.




DOI: http://dx.doi.org/10.33087/jiubj.v23i3.4400

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

ADRESS JOURNAL

JURNAL ILMIAH UNIVERSITAS BATANGHARI JAMBI (JIUBJ)
Published by Lembaga Penelitian dan Pengabdian kepada Masyarakat
Adress: Jl.Slamet Ryadi, Broni-Jambi, Kec.Telanaipura, Kodepos: 36122, email: jiubj.unbari@gmail.com, Phone: 0741-670700

Creative Commons License This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.