Risk Management in the Turyapada Tower Project

Abstract

The construction sector in Bali Province is experiencing rapid growth, marked by strategic infrastructure projects such as the Turyapada Tower Development Project in Buleleng Regency. This project is designed as a center for digital television broadcasting, telecommunications, and as a tourism and educational destination based on local wisdom. With a height of 115 meters and located in a hilly area at 1,521 meters above sea level, the project faces high levels of complexity and risk that require systematic risk management. This study aims to identify dominant risks, analyze their ownership and mitigation strategies, and evaluate their impact on project cost and schedule using qualitative and quantitative approaches. Through brainstorming sessions with five contractor staff, questionnaire surveys distributed to project stakeholders, and Monte Carlo simulations using Crystal Ball software, 47 dominant risks were identified from an initial pool of 55 potential risks. The identified risks were predominantly related to labor shortages (inadequate number of workers), delays in material delivery, changes in the scope of work, and issues with the supply of materials and equipment. Key findings reveal that 22% of risks fall into the "unacceptable" category and 72% into the "undesirable" category, with project-related risks being the most dominant. The Monte Carlo simulation results indicate a potential project delay of 22 weeks (152 days) from the planned 450-day schedule, with only a 1.61% probability of completing on time, and a cost increase of 5.69% (approximately IDR 15.98 billion) from the original budget of IDR 280.71 billion. These findings underscore the critical importance of implementing proactive mitigation strategies to control the impact of these risks and ensure project success.