PROBLEM-SOLVING AND ALTERNATIVE SELECTION TO COST OVERRUN OF COVID-19 MANAGEMENT IN PT JAYA INDUSTRI TANI IN THE FIRST SEMESTER OF 2021

PT Jaya Industri Tani engages in fertilizer manufacturing that serves domestic and international markets. During the COVID-19 pandemic, PT JIT carries out preventive measures and management under the coordination of the COVID-19 Crisis Centre Team. By the end of June 2021, the number of COVID-19...

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Bibliographic Details
Main Author: Ari Fitriani, Zukhrida
Format: Theses
Language:Indonesia
Subjects:
Online Access:https://digilib.itb.ac.id/gdl/view/69931
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Institution: Institut Teknologi Bandung
Language: Indonesia
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Summary:PT Jaya Industri Tani engages in fertilizer manufacturing that serves domestic and international markets. During the COVID-19 pandemic, PT JIT carries out preventive measures and management under the coordination of the COVID-19 Crisis Centre Team. By the end of June 2021, the number of COVID-19 cases in PT JIT increased by 139% and there was a cost overrun threat. The budget for COVID-19 management for employees and families has been used up to 51.2% in the first semester of 2021. This final project aims to formulate a solution to the overrun problem that has been identified, propose recommendations and alternative solutions, and determine the optimal solution to the issue. Kepner-Tregoe (KT) Situation Appraisal was used to assess the issue. The cost overrun of the internal COVID-19 management budget was analyzed using KT-Problem Analysis. Potential issues were analyzed using KT-Potential Problem Analysis. Value-Focused Thinking was used to evaluate potential alternatives that were in line with the values and goals to be achieved. Then, the Simple Multi-Attribute Rating Technique method was applied to evaluate and determine the alternative selection. The results showed that the main cause was the management scheme which covered the cost for all employees and their families. Four alternatives for the reduced coverage were analyzed using the SMART method. In the end, reducing the scope of coverage only for organic and non-organic RHI employees and their families was decided.