Evaluation of Budgeting Process for Infrastructure Investment Project in Manufacturing Companies

(Case Study on PT. XXX)

DOI

10.2991/aebmr.k.220204.003How to use a DOI?

Keywords

Human Resources; Netflix; Working Conditions; Job Content; Work Motivation

Abstract

In 2019, PT. XXX have over budget in their infrastructure project for over 40 billion Indonesian Rupiah. This makes it necessary to evaluate the existing budgeting process in the company in infrastructure development. This research aims to evaluate the project cost budget plan and control over the project budget plan that should be implemented by PT. XXX. The method used in this research is mixed method with a case study approach to the single case unit analysis. Data was collected using documentation, content analysis and interviews. The results of the evaluation of the budget plan that should be owned by PT. XXX indicates that there is a need for improvement in the project budget planning process and also in the procurement method. In addition, the evaluation results regarding the control of the budget plan owned by PT. XXX shows that the control over the project budget plan owned by PT. XXX is still ineffective. In the process of preparing the budget plan for the next project, PT. XXX must ensure that the additional costs incurred in the project are included in the budgeting and in the process of controlling the budget plan for the next project. PT. XXX should also create a reporting tool which includes all the information needed by project manager in decision making.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

Download article (PDF)

TY  - CONF
AU  - Hadyan Rifqi Antoro
AU  - Mohamad Slamet Wibowo
PY  - 2022
DA  - 2022/02/10
TI  - Evaluation of Budgeting Process for Infrastructure Investment Project in Manufacturing Companies
BT  - Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2021)
PB  - Atlantis Press
SP  - 18
EP  - 29
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220204.003
DO  - 10.2991/aebmr.k.220204.003
ID  - Antoro2022
ER  -