CONSTRUCTING RISK PROJECT MANAGEMENT TO PREVENT CONSEQUENCES OF FAILURE IN PRODUCTION OF NEW MODEL AT AN AUTOMOTIVE MANUFACTURER

Abstract

Project management in a company is exist to plan, monitor and control all resources including knowledge, skill, tool, method, and techniques in order to achieve a common target which is the goal of the project itself; in which the goal of project in this research is to achieve on time and smooth project milestone. Project management will face many risks such as manufacturing risk, administrative risk, operational risk, and uncertainty risk. The focus of research would operational risk in special concern on time management risk. Black swan risks would be identified and assessed to be reduced. The decrease of risk value of those black swan risks will be very valuable in hence with the fact that those risks are hard to predict and give large impact to the project. There are four major risks would be discussed which are supplier decision, man power planning, part receiving scheduling, and technical material processing time. By using each method of minimizing risk, it is expected that the risk value will be reduced. Finally, the result shows a decrease of risk value by 70 points from the value of 90.