Int. J. Bus. Manag. Soc. Res. | Volume 05, Issue 02, 313-324| https://doi.org/10.18801/ijbmsr.050219.34
Article type: Research article, Received: 10.09.2018, Revised: 27.01.2019, Date of Publication: 25 February 2019.
Article type: Research article, Received: 10.09.2018, Revised: 27.01.2019, Date of Publication: 25 February 2019.
Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh
Monita Mardika Fajar1, Dian Masyita1 and Leni Susanti2
1Faculty of Economics and Business, University of Padjadjaran, Indonesia.
2Management Program, STIE STAN Indonesia Mandiri, Indonesia.
1Faculty of Economics and Business, University of Padjadjaran, Indonesia.
2Management Program, STIE STAN Indonesia Mandiri, Indonesia.
Abstract
This study aims to obtain the concept of risk-based asset management planning with consideration of government regulations and international standards of asset management that can improve the Performance of Regional Water Company (PDAM) of Aceh Province. This plan consists of asset procurement plans, asset operating plans, asset maintenance plans, and asset deletion plans. Major risks that can occur in asset management planning include the mismanagement of asset needs, debt settlement failure and corporate financial failure, lack of strong local commitment, real loss, apparent loss, environment, lack of optimal planning and the use of operational costs effectively and efficiently, and the lack of subscribers due to the dominance of people who use groundwater that has an impact on the reluctance of people to buy water through PDAM.
Keywords: Risk based asset management, Asset management plan, Risk, Pdam aceh and Risk evaluation
This study aims to obtain the concept of risk-based asset management planning with consideration of government regulations and international standards of asset management that can improve the Performance of Regional Water Company (PDAM) of Aceh Province. This plan consists of asset procurement plans, asset operating plans, asset maintenance plans, and asset deletion plans. Major risks that can occur in asset management planning include the mismanagement of asset needs, debt settlement failure and corporate financial failure, lack of strong local commitment, real loss, apparent loss, environment, lack of optimal planning and the use of operational costs effectively and efficiently, and the lack of subscribers due to the dominance of people who use groundwater that has an impact on the reluctance of people to buy water through PDAM.
Keywords: Risk based asset management, Asset management plan, Risk, Pdam aceh and Risk evaluation
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Citations of This Article
MLA
Fajar et al. “Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh.” International Journal of Business, Management and Social Research 05(02) (2019): 313-323.
APA
Fajar, M. M., Masyita, D. and Susanti, L. (2019). Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh. International Journal of Business, Management and Social Research, 05(02), 313-323.
Chicago
Fajar, M. M., Masyita, D. and Susanti, L. “Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh.” International Journal of Business, Management and Social Research 05(02) (2019): 313-323.
Harvard
Fajar, M. M., Masyita, D. and Susanti, L. 2019. Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh. International Journal of Business, Management and Social Research, 05(02), pp. 313-323.
Vancouver
Fajar MM, Masyita D and Susanti L. Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh. International Journal of Business, Management and Social Research. 2019 February 05(02): 313-323.
Fajar et al. “Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh.” International Journal of Business, Management and Social Research 05(02) (2019): 313-323.
APA
Fajar, M. M., Masyita, D. and Susanti, L. (2019). Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh. International Journal of Business, Management and Social Research, 05(02), 313-323.
Chicago
Fajar, M. M., Masyita, D. and Susanti, L. “Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh.” International Journal of Business, Management and Social Research 05(02) (2019): 313-323.
Harvard
Fajar, M. M., Masyita, D. and Susanti, L. 2019. Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh. International Journal of Business, Management and Social Research, 05(02), pp. 313-323.
Vancouver
Fajar MM, Masyita D and Susanti L. Analysis of risk based asset management plan to increase performance of water local company (PDAM) in aceh. International Journal of Business, Management and Social Research. 2019 February 05(02): 313-323.
References
- Hidayat, M. (2012). Manajemen aset (privat dan publik). LaksBang PRESSindo. Yogyakarta.
- Susanto, S. and Cristina, N. (2014). Manajemen Aset Berbasis Risiko pada Perusahaan Air Minum. BPKP.
- ISO, The International Organization for Standardization (ISO). ISO 31000 – Risk management (2009). www.iso.org/iso/iso_31000_for_smes.pdf. (Accessed on 15 November 2016).
- ISO, The International Organization for Standardization (ISO). ISO 55000 – Asset Management - Overview, Principles and Terminology (2014). www.iso.org/iso/iso_55000_for_smes.pdf. (Accessed on 15 November 2016)
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International Journal of Business, Management and Social Research, EISSN 2412-8279.