Investment Project Lifecycle Guidelines: Implementation Evaluation at PT Clean Energy Indonesia
| Main Authors: | Maulana, Ardika; School of Business and Management, Institut Teknologi Bandung, Firman, Aries; School of Business and Management, Institut Teknologi Bandung |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Proceedings of International Conference on Management in Emerging Markets (ICMEM) SBM ITB
, 2022
|
| Online Access: |
https://journal.sbm.itb.ac.id/index.php/ProceedingSBMITB/article/view/4778 https://journal.sbm.itb.ac.id/index.php/ProceedingSBMITB/article/view/4778/1665 |
Daftar Isi:
- Capital investment projects are intended to boost a company's portfolio and attain its strategic objectives through strategic programs and initiatives that will later be delivered through individual projects. On the other hand, a common project lifecycle is defined as the series of phases that a project passes through from its start to its completion and provides the basic framework for managing the project. Traditionally, the project management metrics of time, cost, scope and quality have been the most dominant factors in defining the success of a project. But more recently, scholars and practitioners have determined that project success should also be measured with consideration towards the achievement of project objectives. Therefore, a company tends not to be interested as solely to have as many projects properly executed as possible, but also having the right projects selected and passing to the execution phase. As Indonesia enters the Energy Transition era, PT Clean Energy Indonesia's (“The Company”) role in providing natural gas as a bridging fuel brings a strong momentum to push capital investments in order to dominate the market. This qualitative research studies the issues The Company faced in achieving its investment projects targets, and how it can improve its Project Lifecycle Guidelines. Keywords: Guideline Improvements, Implementation Issues, Investment Projects, Project Lifecycle, Project Performance, Root Cause