Revealing Risk Factors and Risk Levels in Housing Construction Projects in Sukoharjo Regency, Indonesia

Business in the housing sector attracts many business actors to invest, because of the large market opportunities and high-profit prospects. However, numerous danger factors that occur because of the house-building process are present after this situation. Project goals are frequently not met by dev...

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Main Authors: Priyanto Budi, Setyaningsih Ika, Setyadi Ardian Wahyu
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/47/e3sconf_icetia2024_05011.pdf
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author Priyanto Budi
Setyaningsih Ika
Setyadi Ardian Wahyu
author_facet Priyanto Budi
Setyaningsih Ika
Setyadi Ardian Wahyu
author_sort Priyanto Budi
collection DOAJ
description Business in the housing sector attracts many business actors to invest, because of the large market opportunities and high-profit prospects. However, numerous danger factors that occur because of the house-building process are present after this situation. Project goals are frequently not met by developers who lack the necessary project risk management skills. This study tries to identify risk variables and establish which factors in a housing development project have the highest risk level. An organized survey questionnaire was used for the investigation. Critical risk factors were identified by data analysis using SPSS version 26.0 software and the statistical method of the mean score. According to the viewpoint of the respondents who took part in the survey, the level of risk is established based on the frequency of risk occurrence and the severity of the danger. According to the findings, Sukoharjo Regency housing construction projects were at risk for 31 major reasons. Three risk factors are categorized as high risk, namely errors in estimating costs, not considering unexpected costs, and limited project funds, and 9 risk factors are categorized as moderate risk. Knowing the risk level of each factor will make it easier to manage project risk.
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spelling doaj.art-44b18bf254a74c4ba46c5144a3ca42f42024-04-17T09:12:44ZengEDP SciencesE3S Web of Conferences2267-12422024-01-015170501110.1051/e3sconf/202451705011e3sconf_icetia2024_05011Revealing Risk Factors and Risk Levels in Housing Construction Projects in Sukoharjo Regency, IndonesiaPriyanto Budi0Setyaningsih Ika1Setyadi Ardian Wahyu2PhD student in the Department of Civil Engineering and Built Environment, Universiti Tun Hussain OnnDepartment of Civil Engineering, Universitas Muhammadiyah Surakarta, Jl Ahmad Yani Po. Box No. 1 PabelanDepartment of Civil Engineering, Universitas Muhammadiyah Surakarta, Jl Ahmad Yani Po. Box No. 1 PabelanBusiness in the housing sector attracts many business actors to invest, because of the large market opportunities and high-profit prospects. However, numerous danger factors that occur because of the house-building process are present after this situation. Project goals are frequently not met by developers who lack the necessary project risk management skills. This study tries to identify risk variables and establish which factors in a housing development project have the highest risk level. An organized survey questionnaire was used for the investigation. Critical risk factors were identified by data analysis using SPSS version 26.0 software and the statistical method of the mean score. According to the viewpoint of the respondents who took part in the survey, the level of risk is established based on the frequency of risk occurrence and the severity of the danger. According to the findings, Sukoharjo Regency housing construction projects were at risk for 31 major reasons. Three risk factors are categorized as high risk, namely errors in estimating costs, not considering unexpected costs, and limited project funds, and 9 risk factors are categorized as moderate risk. Knowing the risk level of each factor will make it easier to manage project risk.https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/47/e3sconf_icetia2024_05011.pdf
spellingShingle Priyanto Budi
Setyaningsih Ika
Setyadi Ardian Wahyu
Revealing Risk Factors and Risk Levels in Housing Construction Projects in Sukoharjo Regency, Indonesia
E3S Web of Conferences
title Revealing Risk Factors and Risk Levels in Housing Construction Projects in Sukoharjo Regency, Indonesia
title_full Revealing Risk Factors and Risk Levels in Housing Construction Projects in Sukoharjo Regency, Indonesia
title_fullStr Revealing Risk Factors and Risk Levels in Housing Construction Projects in Sukoharjo Regency, Indonesia
title_full_unstemmed Revealing Risk Factors and Risk Levels in Housing Construction Projects in Sukoharjo Regency, Indonesia
title_short Revealing Risk Factors and Risk Levels in Housing Construction Projects in Sukoharjo Regency, Indonesia
title_sort revealing risk factors and risk levels in housing construction projects in sukoharjo regency indonesia
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/47/e3sconf_icetia2024_05011.pdf
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