Application of value engineering at public private partnership project to improve quality of feasibility study (Case study: Airport railway in indonesia)

H. R. Zetha; Mohammed Ali Berawi; Sesmiwati; Susilowati; A. Dofir

Application of value engineering at public private partnership project to improve quality of feasibility study (Case study: Airport railway in indonesia)

H. R. Zetha, Mohammed Ali Berawi, Sesmiwati, Susilowati, A. Dofir

Department of Civil Engineering

Research output: Contribution to conference › Paper › peer-review

1 Citation (Scopus)

Abstract

Private Public Partnership (PPP) plays an important role on the infrastructure development, particularly for developing countries. The basic concept of PPP projects is to achieve value for money (VFM) and clear risk sharing between government and VFM analysis is expected to be carried out at early stage to determine the financial feasibility and risk sharing on infrastructure projects. The PPP regulation in Indonesia is addressed by Presidential Regulation (Perpres) No. 13/2010 governing Public-Private- Partnership in infrastructure procurement to encourage investor private sector to participate in financing infrastructure projects in order to overcome limited budget of the government. However, there are also some failures that impact the projects offered don't meet investor's interests because a lack of feasibility study of the project offered. This research is proposed to improve the quality of the feasibility study phase of a project infrastructure by implementing the value engineering in Public Private Partnership investment process in Indonesia. Value engineering is a methodology that has been widely applied in many countries to provide added value and to enhance maximum result for both project and product development in terms of improvement on quality, technology, efficiency and innovation. The research methodology is conducted by a combination of qualitative and quantitative approaches through questionnaire surveys both online and offline, action research and focus group discussions. A model for applying VE on PPP process is proposed, meanwhile results and discussions from the questionnaire survey including internal and external risk identification that may affect project performance, identification of additional functions for innovation and key success factors of Public Private Partnership (PPP) scheme in Indonesia to finance infrastructure project are presented on this paper. The study case will be implemented on Soekarno-Hatta International Airport Rail Link (SHIARL).

Original language	English
Pages	29-36
Number of pages	8
Publication status	Published - 2012
Event	International Conference on Value Engineering and Management: Innovation in the Value Methodology, ICVEM 2012 - Hong Kong, Hong Kong Duration: 6 Dec 2012 → 7 Dec 2012

Conference

Conference	International Conference on Value Engineering and Management: Innovation in the Value Methodology, ICVEM 2012
Country/Territory	Hong Kong
City	Hong Kong
Period	6/12/12 → 7/12/12

Keywords

Feasibility studies
Infrastructure project
Public private partnership
Quality
Value engineering

Cite this

Zetha, H. R., Berawi, M. A., Sesmiwati, Susilowati, & Dofir, A. (2012). Application of value engineering at public private partnership project to improve quality of feasibility study (Case study: Airport railway in indonesia). 29-36. Paper presented at International Conference on Value Engineering and Management: Innovation in the Value Methodology, ICVEM 2012, Hong Kong, Hong Kong.

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title = "Application of value engineering at public private partnership project to improve quality of feasibility study (Case study: Airport railway in indonesia)",

abstract = "Private Public Partnership (PPP) plays an important role on the infrastructure development, particularly for developing countries. The basic concept of PPP projects is to achieve value for money (VFM) and clear risk sharing between government and VFM analysis is expected to be carried out at early stage to determine the financial feasibility and risk sharing on infrastructure projects. The PPP regulation in Indonesia is addressed by Presidential Regulation (Perpres) No. 13/2010 governing Public-Private- Partnership in infrastructure procurement to encourage investor private sector to participate in financing infrastructure projects in order to overcome limited budget of the government. However, there are also some failures that impact the projects offered don't meet investor's interests because a lack of feasibility study of the project offered. This research is proposed to improve the quality of the feasibility study phase of a project infrastructure by implementing the value engineering in Public Private Partnership investment process in Indonesia. Value engineering is a methodology that has been widely applied in many countries to provide added value and to enhance maximum result for both project and product development in terms of improvement on quality, technology, efficiency and innovation. The research methodology is conducted by a combination of qualitative and quantitative approaches through questionnaire surveys both online and offline, action research and focus group discussions. A model for applying VE on PPP process is proposed, meanwhile results and discussions from the questionnaire survey including internal and external risk identification that may affect project performance, identification of additional functions for innovation and key success factors of Public Private Partnership (PPP) scheme in Indonesia to finance infrastructure project are presented on this paper. The study case will be implemented on Soekarno-Hatta International Airport Rail Link (SHIARL).",

keywords = "Feasibility studies, Infrastructure project, Public private partnership, Quality, Value engineering",

author = "Zetha, {H. R.} and Berawi, {Mohammed Ali} and Sesmiwati and Susilowati and A. Dofir",

year = "2012",

language = "English",

pages = "29--36",

note = "International Conference on Value Engineering and Management: Innovation in the Value Methodology, ICVEM 2012 ; Conference date: 06-12-2012 Through 07-12-2012",

}

Zetha, HR, Berawi, MA, Sesmiwati, Susilowati & Dofir, A 2012, 'Application of value engineering at public private partnership project to improve quality of feasibility study (Case study: Airport railway in indonesia)', Paper presented at International Conference on Value Engineering and Management: Innovation in the Value Methodology, ICVEM 2012, Hong Kong, Hong Kong, 6/12/12 - 7/12/12 pp. 29-36.

Application of value engineering at public private partnership project to improve quality of feasibility study (Case study: Airport railway in indonesia). / Zetha, H. R.; Berawi, Mohammed Ali; Sesmiwati et al.
2012. 29-36 Paper presented at International Conference on Value Engineering and Management: Innovation in the Value Methodology, ICVEM 2012, Hong Kong, Hong Kong.

Research output: Contribution to conference › Paper › peer-review

TY - CONF

T1 - Application of value engineering at public private partnership project to improve quality of feasibility study (Case study: Airport railway in indonesia)

AU - Zetha, H. R.

AU - Berawi, Mohammed Ali

AU - Sesmiwati,

AU - Susilowati,

AU - Dofir, A.

PY - 2012

Y1 - 2012

N2 - Private Public Partnership (PPP) plays an important role on the infrastructure development, particularly for developing countries. The basic concept of PPP projects is to achieve value for money (VFM) and clear risk sharing between government and VFM analysis is expected to be carried out at early stage to determine the financial feasibility and risk sharing on infrastructure projects. The PPP regulation in Indonesia is addressed by Presidential Regulation (Perpres) No. 13/2010 governing Public-Private- Partnership in infrastructure procurement to encourage investor private sector to participate in financing infrastructure projects in order to overcome limited budget of the government. However, there are also some failures that impact the projects offered don't meet investor's interests because a lack of feasibility study of the project offered. This research is proposed to improve the quality of the feasibility study phase of a project infrastructure by implementing the value engineering in Public Private Partnership investment process in Indonesia. Value engineering is a methodology that has been widely applied in many countries to provide added value and to enhance maximum result for both project and product development in terms of improvement on quality, technology, efficiency and innovation. The research methodology is conducted by a combination of qualitative and quantitative approaches through questionnaire surveys both online and offline, action research and focus group discussions. A model for applying VE on PPP process is proposed, meanwhile results and discussions from the questionnaire survey including internal and external risk identification that may affect project performance, identification of additional functions for innovation and key success factors of Public Private Partnership (PPP) scheme in Indonesia to finance infrastructure project are presented on this paper. The study case will be implemented on Soekarno-Hatta International Airport Rail Link (SHIARL).

AB - Private Public Partnership (PPP) plays an important role on the infrastructure development, particularly for developing countries. The basic concept of PPP projects is to achieve value for money (VFM) and clear risk sharing between government and VFM analysis is expected to be carried out at early stage to determine the financial feasibility and risk sharing on infrastructure projects. The PPP regulation in Indonesia is addressed by Presidential Regulation (Perpres) No. 13/2010 governing Public-Private- Partnership in infrastructure procurement to encourage investor private sector to participate in financing infrastructure projects in order to overcome limited budget of the government. However, there are also some failures that impact the projects offered don't meet investor's interests because a lack of feasibility study of the project offered. This research is proposed to improve the quality of the feasibility study phase of a project infrastructure by implementing the value engineering in Public Private Partnership investment process in Indonesia. Value engineering is a methodology that has been widely applied in many countries to provide added value and to enhance maximum result for both project and product development in terms of improvement on quality, technology, efficiency and innovation. The research methodology is conducted by a combination of qualitative and quantitative approaches through questionnaire surveys both online and offline, action research and focus group discussions. A model for applying VE on PPP process is proposed, meanwhile results and discussions from the questionnaire survey including internal and external risk identification that may affect project performance, identification of additional functions for innovation and key success factors of Public Private Partnership (PPP) scheme in Indonesia to finance infrastructure project are presented on this paper. The study case will be implemented on Soekarno-Hatta International Airport Rail Link (SHIARL).

KW - Feasibility studies

KW - Infrastructure project

KW - Public private partnership

KW - Quality

KW - Value engineering

UR - http://www.scopus.com/inward/record.url?scp=84905845359&partnerID=8YFLogxK

M3 - Paper

AN - SCOPUS:84905845359

SP - 29

EP - 36

T2 - International Conference on Value Engineering and Management: Innovation in the Value Methodology, ICVEM 2012

Y2 - 6 December 2012 through 7 December 2012

ER -

Application of value engineering at public private partnership project to improve quality of feasibility study (Case study: Airport railway in indonesia)

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