Work

Optimization of Profitability Based on Using Percentage of Total Float in the Project Implementation Schedule

Year: 2025

Type: article

Abstract: A construction project can run well if they have efficiency in terms of time, cost and, resources. This research aims to determine optimization of the percentage of total float use to optimize project profitability, by looking at the highest Net Present Value (NPV), Return on Investment (ROI), and Benefit Cost Ratio (BCR) with a case study of the construction of a 12-story building in Surabaya. The variations used in this study include Total Float values of 0%, 25%, 50%, 75%, and 100%. Based on each variation, it will produce different work weights and payment terms which will then be used for financial analysis to calculate BCR, ROI, and NPV on each cash flow to assess the optimization of the use of total float in this study. From the results of the discussion, known that most optimal cash flow planning is in scheduling conditions with the utilization of a total float value of 75% with an NPV value of Rp 7,037,643,148. with a BCR value of 1,09228 and an ROI value of 9,228%.

Source: Briliant Jurnal Riset dan Konseptual

DOI: 10.28926/briliant.v10i2.2239

Authors: Syahril Nur Khusna Afif, I Nyoman Dita Pahang Putra

Institution: University of Pembangunan Nasional Veteran Jawa Timur

Language: English

Topic: Construction Project Management and Performance

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: gold

Estimated APC paid: $32