THE IMPROVEMENT OF PIPELAYING PROJECT RISK BY USING RISK MANAGEMENT (CASE OF PT HAFAR DAYA KONSTRUKSI FOR PERTAMINA HULU ENERGI)

• Main Author: Rachmadini, Pradina
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/53442
• Institution: Institut Teknologi Bandung

The oil and gas industry has experienced remarkable volatility in the last decade. A free market's regular operation simply reflected that there was far more oil supply than the demand globally. As for upstream oil and gas companies and contractors, there will be possibilities of shifting goals, time delays, loss of efficiencies, and cost impacts. Safety stands out as a core value for the oil and gas industry, rooted in every process and operation decision. Meanwhile in oil and gas industry and the government are working together to improve the safety of offshore operations continuously, it is a challenge for PT. Hafar Daya Konstruksi is upstream contractors to deliver their project on track and manage their risks appropriately, primarily operational and SHE risks. The objective of this final project is to design and develop a project risk management in PT. Hafar Daya Konstruksi project PHE ONWJ LLE-LLB. This can benefit the contractor in managing, eliminating, and improving risk management for similar projects in the future under the same circumstances. The project risk management process referred to PMBOK Guide (2017) and constructed using the qualitative-quantitative method. The data collection method is divided into primary and secondary data collection. The primary data collection consists of an interview, group meeting, and risk survey with six respondents. While the secondary data collection is obtained from supporting documents such as proposal and report. Current Reality Tree (CRT) is developed to ensure the root cause of PT Hafar time and productivity loss. From there, a total of seven stages of risk assessment is formulated. Those stages include plan risk management, identify risk, qualitative and quantitative risk, risk response, risk implementation, and monitor risk. There are 50 risks in PT Hafar Daya Konstruksi PHE ONWJ LLE-LLB project that had been assessed. Risk implementation as a mitigation plan has been developed to address the high and extreme rating score. There are a total of 14 risks that are given control improvement and successfully lowered the risk rating. Furthermore, nine action plan is designed for risk monitoring purpose throughout November 2020 - January 2021.