Dampak Waktu Pekerjaan Proyek Terhadap Cash Flow: Target Penjualan Dan Target laba Sebagai Variabel Mediasi

Muhammad Ilham; Muh. Akob; La Ode Sumail

doi:10.37479/jeej.v7i1.25252

Dampak Waktu Pekerjaan Proyek Terhadap Cash Flow: Target Penjualan Dan Target laba Sebagai Variabel Mediasi

Muhammad Ilham, Muh. Akob, La Ode Sumail

Abstract

The ups and downs of the NCF of the Makasssar IPAL project are driven by job time, pursuing sales targets and profit targets. Therefore, this study validates the impact of work time on CF, sales targets and profit targets as mediating variables. The object of research was the Makassar IPAL project and the sample was 68 respondents. Information was extracted using questionnaires in addition to interviews and data were analyzed using SEM-PLS. The results show that work time has a positive and significant effect on NCF. When work time is shortened, the sales target increases, but the sales target does not have a significant effect on NCF. Interestingly, when project management shortens job time, NCF increases assuming the sales target is increased. Furthermore, shortened job time can increase the profit target, also increasing NCF. Therefore, job time has a positive and significant effect on NCF through profit targets. As a practical implication, when the job time is short, it results in a high sales target and sales target, which will strengthen the project CF.

Keywords

Waktu pekerjaan, penjualan, laba, NCF

Full Text:

PDF

References

Affiqah, C., & Fuadi, R. (2019). Penerapan Metode Target Costing Dalam Perencanaan Biaya Produksi Untuk Optimalisasi Laba Pada Umkm Dendeng Sapi Aceh Di Banda Aceh. Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi, 4(2), 317-324. https://doi.org/10.24815/jimeka.v4i2.12259

Alami, O. M., Bouksour, O., & Beidouri, Z. (2015). An Intelligent Project Management Maturity Model for Moroccan Engineering Companies. Vikalpa, 40(2), 191-208. https://doi.org/10.1177/0256090915590329

Alrizal, F. F., Choiriyah, S., & Adi Saputro, L. E. (2020). Identifikasi Faktor Penyebab Keterlambatan Waktu dan Mutu Pekerjaan pada Proyek Ruko (Rumah Toko) Green Junction Citraland. Jurnal IPTEK, 24(1), 53-58. https://doi.org/10.31284/j.iptek.2020.v24i1.901

AndrÃ©n, N., & JankensgÃ¥rd, H. (2020). Disappearing investment-cash flow sensitivities: Earnings have not become a worse proxy for cash flow. Journal of Business Finance and Accounting, 47(5-6), 760-785. https://doi.org/10.1111/jbfa.12427

Anwar, S., Tistogondo, J., & Wulandari, R. (2023). Analisis Pengendalian Waktu Pekerjaan Proyek Dengan Menggunakan Metode Fast - Track. Ge-STRAM: Jurnal Perencanaan Dan Rekayasa Sipil, 06(September), 100-105.

Budianti, R. S., Nurrahman, A. A., Afriyadi, H., Ahmadi, D., & Haraha, E. (2020). Memaksimalkan Target Sales Pada Penjualan Paket Internet. Jurnal Riset Dan Aplikasi Matematika, 04(02), 108-114.

Cahyadi, H., Surya, A., & Rahim, A. (2020). Analisis Cash Flow Pada Proyek Peningkatan Jalan di Banjarmasin. SNITT- Politeknik Negeri Balikpapan, 1(1), 120-125.

Dahtiah, N., Akmalia, G., & 3ï€ª, S. (2022). Penerapan cost volume profit sebagai dasar perencanaan penjualan untuk mencapai target laba yang diharapkan pada Konveksi Nolyco. An Dan Manajemen, 18(3), 638-646.

Dawande, M., Janakiraman, G., Qi, A., & Wu, Q. (2019). Optimal Incentive Contracts in Project Management. Production and Operations Management, 28(6), 1431-1445. https://doi.org/10.1111/poms.12997

Durdyev, S., & Mbachu, J. (2018). Key constraints to labour productivity in residential building projects: evidence from Cambodia. International Journal of Construction Management, 18(5), 385-393.

Ferdinand, A. (2017). Metode Penelitian Manajemen: Pedoman Penelitian untuk Skripsi, Tesis, dan Disertasi Ilmu Manajemen, Edisi 5, UNDIP Pres, Semarang.

Gumanti, Tatang, A. 2017. Keuangan Korporat: Tinjauan Teori dan Bukti Empiris, , Mitra Wicana Media, Jakarta.

Ghozali, Imam. 2014. Structural Equation Modeling, Metode Alternatif dengan Partial Least Square (PLS). Edisi 4. Semarang : Badan Penerbit Universitas Diponegoro.

https://doi.org/10.1080/15623599.2017.1326301

Habibi, F., Chakrabortty, R. K., & Abbasi, A. (2023). Maximizing projects' profitability, environmental score, and quality: a multi-project scheduling and material ordering problem. In Environmental Science and Pollution Research (Vol. 30, Issue 21). Springer Berlin Heidelberg. https://doi.org/10.1007/s11356-023-26361-2

Hair, J. F., Howard, M. C., & Nitzl, C. (2020). Assessing measurement model quality in PLS-SEM using confirmatory composite analysis. Journal of Business Research, 109(August 2019), 101-110. https://doi.org/10.1016/j.jbusres.2019.11.069

Hair Jr, J., Matthews, L. M., Matthews, R. L., & Sarstedt, M. (2017). PLS-SEM or CB-SEM: updated guidelines on which method to use. International Journal of Multivariate Data Analysis, 1(2), 107127. https://doi.org/10.1504/ijmda.2017.087624

Heravi, G., & Gholami, A. (2018). The Influence of Project Risk Management Maturity and Organizational Learning on the Success of Power Plant Construction Projects. Project Management Journal, 49(5), 22-37. https://doi.org/10.1177/8756972818786661

Jawad, S., Ledwith, A., & Panahifar, F. (2018). Enablers and barriers to the successful implementation of project control systems in the petroleum and chemical industry. International Journal of Engineering Business Management, 10, 1-13. https://doi.org/10.1177/1847979017751834

Jogiyanto, Hartono. (2017).Teori Portofolio dan Analisis Investasi (Kesebelas). Yogyakarta:BPFE

Julianto, M. F., Hadi, S. W., Setiaji, S., Gata, W., & Pebrianto, R. (2020). Clustering Pencapaian Target Penjualan Rumah Para Karyawan Marketing Menggunakan Rapid Miner Dan Algoritma K-Means. Bianglala Informatika, 8(2), 79-85. https://doi.org/10.31294/bi.v8i2.8189

Kwon, H., & Kang, C. W. (2019). Improving Project Budget Estimation Accuracy and Precision by Analyzing Reserves for Both Identified and Unidentified Risks. Project Management Journal, 50(1), 86-100. https://doi.org/10.1177/8756972818810963

Lestari, S. dan. (2019). Pengaruh waktu kerja terhadap kelelahan pada pekerja konstruksi proyek x di Jakarta Timur. Binawan Student Journal, 1(2), 103-107.

Leyman, P., & Vanhoucke, M. (2015). A new scheduling technique for the resource-constrained project scheduling problem with discounted cash flows. International Journal of Production Research, 53(9), 2771-2786. https://doi.org/10.1080/00207543.2014.980463

Luo, P., & Yang, Z. (2021). Investment and financing for cash flow discounted with group diversity. International Review of Finance, 21(3), 769-785. https://doi.org/10.1111/irfi.12295

McDaniel Wyman, C., & Jablonowski, C. J. (2015). A workflow and estimate for the economic viability of offshore wind projects. Wind Engineering, 39(5), 579-594. https://doi.org/10.1260/0309-524x.39.5.579

Mullins, J. (2020). Are your cash-flow tools recession ready? Business Horizons, 63(6), 693-704. https://doi.org/10.1016/j.bushor.2020.04.003

Nangoy, Y. T., Tirayoh, V. Z., & Mintalangi, S. S. . (2022). Penerapan Target Costing Sebagai Upaya Peningkatan Laba Pada Umkm Sumaru Endo Di Masa Pandemi Covid-19. Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 10(3), 570. https://doi.org/10.35794/emba.v10i3.42613

Nurani, S., Syahra, Y., & Calam, A. (2023). Penerapan Data Mining Dalam Clustering Pencapaian Target Penjualan Menggunakan Algoritma K-Means. Jurnal Sistem Informasi Triguna Dharma (JURSI TGD), 2(3), 355. https://doi.org/10.53513/jursi.v2i3.6552

Oladimeji, O., & Aina, O. O. (2021). Cash flow management techniques practices of local firms in Nigeria. International Journal of Construction Management, 21(4), 395-403. https://doi.org/10.1080/15623599.2018.1541705

Omopariola, E. D., Windapo, A., Edwards, D. J., & Thwala, W. D. (2020). Contractors' perceptions of the effects of cash flow on construction projects. Journal of Engineering, Design and Technology, 18(2), 308-325. https://doi.org/10.1108/JEDT-04-2019-0099

Pagehgiri, J., Putra, I. K. A. A., & Sriasa, I. K. (2022). Analisa Cash Flow Kontraktor Berdasarkan Time Schedule Pada Proyek Pembangunan Gedung Lantai Iii (6 Rkb, Tangga) Sdn 2 Panjer, Denpasar. Jurnal Teknik Gradien, 14(02), 49-61. https://doi.org/10.47329/teknikgradien.v14i02.939

Proboyo, B. (2019). Keterlambatan Waktu Pelaksanaan Proyek : Klasifikasi dan Peringkat dari Penyebab-penyebabnya (Project Implementation Delay : Causes Classification and Ratings). Dimensi Teknik Sipil, 1(1), 49-58.

Purnus, A., & Bodea, C. N. (2016). Multi-criteria Cash Flow Analysis in Construction Projects. Procedia Engineering, 164(June), 98-105. https://doi.org/10.1016/j.proeng.2016.11.597

Purnus, A., & Bodea, C. N. (2017). A Predictive Model of Contractor Financial Effort in Transport Infrastructure Projects. Procedia Engineering, 196(June), 746-753. https://doi.org/10.1016/j.proeng.2017.08.003

Putri, L. A., Yulinartati, N., & Citra, Y. (2020). Penerapan Target Costing Dalam Upaya Mengendalikan Biaya Untuk Pencapaian Target Laba (Studi Kasus Pada Berlian Bakery Kademanagan-Bondowoso). Jurnal Akutansi, 1(1), 1-8.

Rahmanto, T., & Janizar, S. (2022). Pengendalian Biaya Dan Waktu Dengan Metode Earned Value Proyek Familia Urban B.Ek.a.Si. Jurnal Teknik Sipil Cendekia (Jtsc), 3(2), 16-27. https://doi.org/10.51988/jtsc.v3i2.48

Rompis, A. O. M., L, R., Ingkriwang, & Sibi, M. (2019). Optimasi Waktu Proyek Dengan Penambahan Jam Kerja Menggunakan Precedence Diagram Method Pada Proyek Rehabilitasi Puskesmas Minanga. Jurnal Sipil Statik, 7(9), 1203-1210.

Shash, A. a., & Qarra, A. Al. (2018). Cash Flow Management of Construction Projects in Saudi Arabia. Project Management Journal, 49(5), 48-63. https://doi.org/10.1177/8756972818787976

Solimun, Aji. A.R., Nurjanna (2017). Metode Statistika Multivariat Permodelan Persamaan Struktural (SEM) Pendekatan WarpPLS (Pertama). Malang: UB Press.

Sumail, L. O., & Akob, R. A. (2021a). Financial Performance Behavioral in the Company Life Cycle. Jurnal Keuangan Dan Perbankan, 25(4), 906-930. https://doi.org/10.26905/jkdp.v25i4.6273

Tamalika, T., & Fuad, I. S. (2022). Analisis Penjadwalan Waktu Pekerjaan Proyek Poltekkes Jurusan Farmasi Tahap I dalam Perspektif Manajemen Proyek. Jurnal Pendidikan Tambusai, 6(1), 8207-8214.

Tavakolan, M., & Nikoukar, S. (2022). Developing an optimization financing cost-scheduling trade-off model in construction project. International Journal of Construction Management, 22(2), 262-277. https://doi.org/10.1080/15623599.2019.1619439

Yu, M. C., Dang, V. L., & Yeh, H. C. (2017). Measuring cash flow and overdraft for fuzzy project networks with overlapping activities. Journal of Civil Engineering and Management, 23(4), 487-498. https://doi.org/10.3846/13923730.2016.1210215

Zhao, W., Hall, N. G., & Liu, Z. (2020). Project Evaluation and Selection with Task Failures. Production and Operations Management, 29(2), 428-446. https://doi.org/10.1111/poms.13107

DOI: https://doi.org/10.37479/jeej.v7i1.25252