Project planning system improvement in residential development project: A risk analysis

Abstract

Project planning must be an integral part of the housing construction industry so that project performance can be achieved more efficient and have an impact on schedule performance. A clear and detailed understanding is needed of what is within the scope of the project and what are the risks identified in the project planning phase. Project planning is expected to be able to provide solutions to detailed work structures as well as flexibility to be able to adapt to the environment of unique project activities and to accommodate the project’s organizational system and business changes or improvements made by the company. This study aims to parse the risks in project planning of residential development projects by identifying 10 knowledge areas and 24 planning processes in the 6th edition of the 2017 PMBOK (Project Management Body of Knowledge) using qualitative risk analysis approach to create an understanding and to mitigate the high risk factor. Referring the research results, a preventive action in each of the high risk indicator has been prepared to be integrated in the planning guideline (standard operating procedure). This risk analysis performed to be used as a strategy to improve the residential development schedule performance.