Implementation of Value Engineering For Optimization of Road Reconstruction Project Financing Case Study: Cibadak – Padasuka Road Section Project, Lebak Regency, Banten Province

Abstract

Road reconstruction is one of the important infrastructure projects in supporting economic growth and community mobility. However, such projects are often faced with budget constraints, which require the application of effective methods for cost management. One method that can be used is Value Engineering (VE), which aims to optimize costs without reducing the quality or function of the project. This study focuses on the implementation of VE in the Cibadak - Padasuka road reconstruction project in Lebak Regency, Banten. The study was conducted through an analysis of several project components that have the potential to be optimized, using methods such as Pareto analysis, and Life Cycle Cost (LCC) analysis. The results of the study indicate that 1. The work item that is the subject of Value Engineering study in this study is Road Paving work; 2. The Value Engineering study obtained 3 alternatives, namely the Rigid Pavement Method PPCP, SPRigWP & Flexible Pavement; 3. The construction cost value of Value Engineering is: • Alternative 1 PPCP Method against alternative 0 (Conventional Concrete/Cast In Situ) experienced an increase in construction costs of Rp. 324,545,518.51 or 3.30%, • Alternative 2 SPRigWP Method against alternative 0 (Conventional Concrete/Cast In Situ) experienced an increase in construction costs of Rp. 2,693,845,581.45,- or 30.75%, • Alternative 3 Flexible Pavement compared to alternative 0 (Conventional Concrete/Cast In Situ) experienced a decrease in construction cost of Rp. 1,368,807,868.21, or 15.63%; 4. The Life Cycle Cost (LCC) value from Value Engineering is: • Alternative 1 PPCP Method compared to alternative 0 (Conventional Concrete/Cast In Situ) experienced a decrease in Life Cycle Cost (LCC) of Rp. 1,020,655,389.33,- or 9.55%, • Alternative 2 SPRigWP Method against alternative 0 (Conventional Concrete/Cast In Situ) experienced an increase in Life Cycle Cost (LCC) of Rp. 1,375,850,167.98 or 12.87%, • Alternative 3 Flexible Pavement against alternative 0 ( Conventional Concrete/Cast In Situ) experienced an increase in Life Cycle Cost (LCC) of Rp. 10,697,757,430.34 or 100.07%. So that in the study conducted on the Cibadak - Padasuka Road Reconstruction Project, Warunggunung District, Lebak Regency, Banten Province Alternative 1 Precast Prestressed Concrete Pavement (PPCP) Rigid Pavement Method is the recommendation with the lowest LCC value.This research is expected to provide practical recommendations that can be applied to similar projects in the future, as well as contributing to the development of science in the field of civil engineering and project management.