Abstract
The effect of planning on construction projects will have an impact on income within the project itself. Usually, the realization of work plans in the field often experiences delays in the process, because the number of revenue was determined by the method of payment stipulated in the construction contract. Payment system aspects affect the working capital that needs to be provided by the contractor. Therefore, the role of planning the flow of cash flow is very substantial in the implementation of the project. The purpose of this study is to get a cash flow plan with a Monthly Payment system and Progress Payment system based on the project schedule of the Road Works-Road Widening On Kurnia Street North Landasan Ulin Banjarbaru. The method used to analyze the data is project scheduling by making the description and sequence each activity, determining the duration for each project work, and making a project network diagram using the PDM Method ( Precedence Diagram Method ). Then make a cash flow analysis with monthly payment system and progress payment with three payments, at cumulative progress 30.04%, 70.28%, and 100% on the conditions of EST ( Earliest Start Time ) and LST ( Latest Start Time ) schedule. The results of the data analysis show that the payment system that provides maximum benefits is the Monthly Payment system using a 20% down payment on the EST ( Earliest Start Time ) and LST ( Latest Start Time ) schedule conditions with a total loan of Rp. 653,000,000, the contractor gets a profit of Rp. 490,990,222 with a percentage of profits of 8,892%.
Highlights
IntroductionIn the construction services business, cost control is very substantial
BackgroundIn the construction services business, cost control is very substantial
The first payment system is a monthly payment where payments to service providers are made every month according to the achievements/progress of work that have been done in that month
Summary
In the construction services business, cost control is very substantial. It is required a cash flow plan to control the financial, simplify implementation, and to monitor the work progress of the project. The purpose of creating cash flow is to ensure that the results of the implementation can be efficient, effective, and the quality determined is met. Cash flow was made to compare the realization of the cost budget with the planned budget. The completed performance or volume of work has been assessed based on the implementation budget. To control project’s finances, weekly targets were set out from the schedule. Or other goals are the volumes of work to be completed in the week concerned
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
