RISK FACTORS IN LIFE CYCLE PHASES OF INDONESIA GEOTHERMAL POWER PLANTS PROJECT
DOI:
https://doi.org/10.21837/pm.v23i38.1795Keywords:
Project Life Cycle, Construction, Geothermal, Power Plant ProjectAbstract
The project life cycle must be managed by carrying out a series of project management activities, which are generally known as the project management process. Each project management process generally produces one or more outputs, including the implementation of the Geothermal Power Plant Project in Indonesia. It can be seen that, as of now, the development of several Geothermal projects in the country is at risk of delay or loss. This is most likely caused by several risk issues that arise throughout the project life cycle. Therefore, this study aims to identify various obstacles that contribute to the risks that interfere with the success of the project. This study is a descriptive study where the research method is intended to overcome existing risks, which still happen today, with a description of Geothermal Project Development activities. The Statistical Package for the Social Sciences (SPSS), a statistical method, was used to analyse various risk factors. The results of processing the discussion data from 17 risk factors revealed the 5 greatest risk factors in sequence, namely X2 (Exploration), X3 (Drilling Test), X4 (Feasibility Study), X11 (Actual Volume Estimation), and X17 (Risk Management).
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