Impact of Project Delays on Financial Losses on the Green Economy

Dewi Nusraningrum, Agus Jerry Suarjana Putra

2025

Abstract

The facility construction and land leasing projects often face various challenges that can cause delays, ultimately significantly impacting costs and financial losses. The study analyses the impact of project delays resulting in green economic losses that exceed the total initial investment cost. With a total investment of IDR 6,188,481,522, this project suffered significant losses, reaching IDR 8,095,928,364 due to various factors, including operational disruptions due to non-fulfilment of licensing documents, additional licensing items, and extension of work time. The method used is qualitative risk analysis. These findings emphasize the importance of effective project management, especially permit fulfilment and schedule planning, to minimize financial risks and ensure smooth project operations. This research provides important insights for project managers facing similar future challenges.

Paper Citation

in Harvard Style

Nusraningrum D. and Putra A. (2025). Impact of Project Delays on Financial Losses on the Green Economy. In Proceedings of the 7th International Conference on Finance, Economics, Management and IT Business - Volume 1: FEMIB; ISBN 978-989-758-748-1, SciTePress, pages 141-145. DOI: 10.5220/0013092200003956

in Bibtex Style

@conference{femib25,
author={Dewi Nusraningrum and Agus Putra},
title={Impact of Project Delays on Financial Losses on the Green Economy},
booktitle={Proceedings of the 7th International Conference on Finance, Economics, Management and IT Business - Volume 1: FEMIB},
year={2025},
pages={141-145},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013092200003956},
isbn={978-989-758-748-1},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 7th International Conference on Finance, Economics, Management and IT Business - Volume 1: FEMIB
TI - Impact of Project Delays on Financial Losses on the Green Economy
SN - 978-989-758-748-1
AU - Nusraningrum D.
AU - Putra A.
PY - 2025
SP - 141
EP - 145
DO - 10.5220/0013092200003956
PB - SciTePress