Factors Determining Strategic Alliance Success in Construction Join Operation Lrt Project

Abstract

The study was conducted on the first LRT project located in a large city, which serves major urban lines in an area, due to lack of experience, as a contracting company for development decided to conduct joint operations with an experienced railroad company. This strategic alliance pattern is categorized as Joint Operation or Joint Operation, where both parties agree to dissolve the alliance after the project is completed. The purpose of this research is to identify the factors that determine the success of the alliance, and to develop a model of success of the alliance in the LRT Project, as well as to build strategic steps for its implementation in the future. To determine the factors that influence the success of the alliance, a quantitative approach is used, with the questionnaire being the research instrument. The analysis technique used in this study is factor analysis and regression analysis. The analysis shows that there is a view factor that influences the success of the alliance in the LRT Project. By paying attention to the factors that have been obtained, the company, or other similar project alliances in the future can increase the success rate of strategic alliances.