Published at : 29 Jul 2015
Volume : IJtech
Vol 6, No 3 (2015)
DOI : https://doi.org/10.14716/ijtech.v6i3.1475
Berawi, M.A., Zagloel, T.Y.M., Berawi, A.R.B., Abdurachman, Y., 2015. Feasibility Analysis of Trans-Sumatera Toll Road using Value Engineering Method. International Journal of Technology. Volume 6(3), pp. 388-399
Mohammed Ali Berawi | The Center for Sustainable Infrastructure Development (CSID), Faculty of Engineering, Universitas Indonesia, Kampus Baru UI Depok, Depok 16424, Indonesia |
Teuku Yuri M. Zagloel | The Center for Sustainable Infrastructure Development (CSID), Faculty of Engineering, Universitas Indonesia, Kampus Baru UI Depok, Depok 16424, Indonesia |
Abdur Rohim Boy Berawi | The Center for Sustainable Infrastructure Development (CSID), Faculty of Engineering, Universitas Indonesia, Kampus Baru UI Depok, Depok 16424, Indonesia |
Yusuf Abdurachman | Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Kampus Baru UI Depok, Depok 16424, Indonesia |
The Trans-Sumatera Toll Road (TSTR) Infrastructure Project is planned to stretch from Bakauheni to Banda Aceh (2527 kilometers), with an estimated investment about IDR 290 trillion. The value engineering method is applied to the TSTR project by creating six additional functions for a toll road: motorcycle lane integration, rest area development, dry port integration, median railways integration, tourism park development, and fiberoptic networking. The feasibility analysis is constructed using a system dynamic approach to three toll tariff scenarios. The result reveals that the additional functions have improved the financial feasibility of TSTR project, with the internal rate of return for the three proposed scenarios ranging from 8.28% to 13.77%
Feasibility study, Trans-Sumatera Toll Road, System dynamic, Value engineering
Abdul-rahman, H., Berawi, M.A., 2002. Managing Change in Construction Contracting Management. NCMA Press, USA, Volume 42, pp. 10-16
Berawi, M., 2009. Application on Value Engineering/Value Management in Construction Industri in Indonesia to Enhance Competitivness and Innovation. Competitive Grant Research Report. Depok: University of Indonesia
Berawi, M.A., 2006. Distinguishing Concept Types in Function Models During the Act of Innovation, s.l.: PHD Thesis. Oxford Brooks University. UK
Berawi, M.A., Woodhead, R., 2005a. How-Why Logic Path and Intentionality. Value World, Volume 28(2 Fall 2005), pp. 12-15
Berawi, M.A., Woodhead, R., 2005b. The If-Then Modeling Relationship of Causal Function and Their Conditioning Effect on Intentionality. Value World, Volume 28(2), pp. 16-20
Berawi, M.A., Woodhead, R., 2005c. Application of Knowledge Management in Production Management. Human Factors and Ergonomics Manufacturing, Volume 15(3), pp. 249-257
Berawi, M.A., Woodhead, R., 2008. Stimulating Innovation Using Function Models: Adding Product Value. Value World, Volume 31, pp. 4-7
Coordinating Ministry for Ecconomic Affairs, 2014. Master Plan for Accleratin and Expansion of Indonesia Economic Development 2011-2025. Jakarta: Coordinating Ministry for Ecconomic Affairs
Indonesia Infrastructure Initiative, 2012. Towards the Modern National Road Network. Jakarta: Indonesia Infrastructure Iniciative
Kelly, J., Morledge, R., Wilkinson, S., 2003. Best Value In Construction. s.l.:Bleckwell Publishing
Ministry of Public Works, 2011. Trans Sumatera Highway Development Plan Report. Jakarta: Ministry of Transportation
SAVE International Value Standard, 2007. Value Standard and Body of Knowledge, 2007 edition,s.l.: s.n.
Sterman, J., 2000. Business Dynamics: System Thinking and Modeling for a Complex World. USA: McGraw Hill
World Economic Forum, 2013. The Global Competitiveness Report, Geneva: World Economic Forum