Case Study: Integrating SMART Decision Making Attributes to Improve the Selecting Subcontractor Strategy

Theofilus Purnama Putra, Sudarso Kaderi Wiryono

2021

Abstract

PT McDermott Indonesia is subsidiary of McDermott International Incorporated. In its working practice, McDermott cooperate with other contractors so called subcontractors to complete specific work on a project. This research was conducted using lessons learned from the non-conformance made by one of the subcontractor on the project of Qatar Gas North Field. The objective of this business research is to ascertain the elements where this problematic subcontractor error occurs. An integrated framework is developed incorporate attributes of : construction value chain, financial ratio, capacity planning and project funding. The study uses analysis methods to identify the potential problem, interviews among related parties and simulation methods to formulate an improvement plan. This research concludes that the analysed attributes have an important role and should be included in the key for subcontractor selection by using the proposed SMART decision making method. This new strategy expected can help PT McDermott Indonesia to improve the assessment of each subcontractor competency prior to contract awards.

Paper Citation

in Harvard Style

Purnama Putra T. and Kaderi Wiryono S. (2021). Case Study: Integrating SMART Decision Making Attributes to Improve the Selecting Subcontractor Strategy. In Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS, ISBN 978-989-758-605-7, pages 184-189. DOI: 10.5220/0010861300003255

in Bibtex Style

@conference{icaess21,
author={Theofilus Purnama Putra and Sudarso Kaderi Wiryono},
title={Case Study: Integrating SMART Decision Making Attributes to Improve the Selecting Subcontractor Strategy},
booktitle={Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS,},
year={2021},
pages={184-189},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010861300003255},
isbn={978-989-758-605-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS,
TI - Case Study: Integrating SMART Decision Making Attributes to Improve the Selecting Subcontractor Strategy
SN - 978-989-758-605-7
AU - Purnama Putra T.
AU - Kaderi Wiryono S.
PY - 2021
SP - 184
EP - 189
DO - 10.5220/0010861300003255