Identification of Risk Factors Cause Cost Overrun at Toll Road Project

Abstract

In Central Java, Indonesia currently has several toll road projects that are also included in the government’s national strategic project. This project is a series of Trans Java Toll Road, which connects Java from the West to the East. As a national government strategic project, these projects are a priority. The high demands from the government have an impact on project targets primarily related to costs. Unexpected costs in the project arise in an effort to solve problems. Any change in project cost results cost overrun in the project. The purpose of this study is to identify risk factors that affect the occurrence of cost overrun on toll road projects. This research is restricted to toll road objects in Pantura (national strategy project) that are still in the construction process. The method used in this research is qualitative descriptive method. The data used are secondary data derived from previous research on similar topics.