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Using the Expected Monetary Value (EMV) Method to Minimize Risk in Project Decision Making Harahap, Lokot Muda; Sinaga, Christin Lestari; Lubis, Devi Aprilia; Sampurno, Muhammad Akbar; Nelfita, Natasyah
Economic: Journal Economic and Business Vol. 2 No. 4 (2023): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v2i4.593

Abstract

Effective decision making is key to achieving project success. Risk is always present in managing projects and can significantly impact the final outcome. The Expected Monetary Value (EMV) method is an important tool in managing project risk. EMV is used to calculate the monetary value of the various possible outcomes of a decision or series of decisions. In the context of project decision making, EMV helps project managers to estimate the monetary value of the risks associated with various decisions to be taken during the project cycle. This research uses a literature review type of study and the review model chosen is a narrative review. This research was conducted using a narrative review model. The research method used is secondary data collected from various international journals, papers, and previous research papers used as data sources and analyzed by the author taking into account the problems considered in this research.
Analysis of the Impact of Implementation of Occupational Safety and Health Programs on Productivity: Literature Analysis Nelfita, Natasyah; Aprinawati, Aprinawati; Lubis, Devi Aprilia; Wijaya, Rangga Hadi; Rumapea, Yesayas Roganda; Sampurno, Muhammad Akbar
Holistic Science Vol. 4 No. 3 (2024): Jurnal Nasional Holistic Science
Publisher : Lembaga Riset Mutiara Akbar NOMOR AHU-0003295.AH.01.07 TAHUN 2021

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/hs.v4i3.762

Abstract

Occupational Safety and Health (OSH) is a fundamental aspect of human resource management that can influence work productivity. This study involves a systematic review of literature from various countries, including Indonesia, Japan, and Saudi Arabia, across different industrial sectors. The results show that companies that integrate OSH into their workplace culture tend to achieve better performance. This conclusion underscores the importance of commitment to OSH as a strategy to enhance productivity and employee well-being. The methodology used is a systematic review of journal articles published between 2019 and 2024, utilizing the Google Scholar database. Out of 20 articles found, 14 that met the inclusion criteria were analyzed in depth. The analysis results indicate that the implementation of OSH programs has a positive and significant impact on work productivity across various industrial sectors. However, some studies also indicate that the effectiveness of OSH programs may vary depending on the context of implementation and other external factors. This research concludes that the success of OSH programs in improving productivity heavily depends on the integration of these programs into the company culture and the commitment of all stakeholders.
Analysis of Teamwork Dynamics and Its Impact on Sales Performance at PT Ramayana Lestari Sentosa Tbk Medan Lubis, Devi Aprilia; Wijaya, Rangga Hadi; Sampurno, Muhammad Akbar; Nisa, Zahratun; Syahreza, Dina Sarah; Harmen, Hilma
Economic: Journal Economic and Business Vol. 3 No. 4 (2024): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v3i4.789

Abstract

This research aims to find out how teamwork influences sales performance at PT Ramayana Lestari Sentosa Tbk Medan. Sales performance is the level of company effectiveness in achieving the desired results from sales activities. The subjects in this research were employees, specifically SPG PT Ramayana Lestari Sentosa Tbk Medan. The type of research that the author uses is descriptive qualitative research. Descriptive research aims to describe a population, situation or phenomenon accurately and systematically. This research uses qualitative techniques by conducting observations, interviews and documentation studies. The research results show that teamwork influences sales performance at PT Ramayana Lestari Sentosa Tbk Medan. Good teamwork can improve sales performance, while poor teamwork can reduce sales performance.