ANALYSIS OF THE APPLICATION OF RISK MANAGEMENT IN PT. PERTAMINA TBBM TANJUNG PRIOK TO IMPROVE NON-FINANCIAL FIRM (CASE STUDY: TANK CONSTRUCTION X - TANJUNG PRIOK)

PT Pertamina TBBM Tanjung Priok - Plumpang is one of the downstream oil facilities that plays an important role in the distribution and distribution of fuel for the community. Because, about 20% of the daily fuel needs in Indonesia are supplied from TBBM Tanjung Priok - Plumpang owned by PT Pertamina (Persero). In the course of time, many incidents (fire, etc.) within the scope of TBBM Plumpang. Therefore, this research aims to examine the application of Risk Management in the company PT Pertamina TBBM Tanjung Priok - Plumpang. This research uses a qualitative approach conducted through a process of interviews and direct observation. The purpose of applying Risk Management to this company is to identify what risks are involved in Risk Management within the scope of PT Pertamina TBBM Tanjung Priok-Plumpang by measuring the risk of probability and impact, and evaluating each existing risk, according to the case study of Tank X construction within the Tanjung Priok TBBM area. This research is expected to assist management in taking actions and responses to reduce the negative impacts of the possibilities that will occur in the future and provide an assessment of the various risks that exist. The results of this study will contain risk classes ranging from high risk, medium risk, and low risk.


Introduction
The fire case at PT Pertamina Plumpang Depot was shocking and saddening for the people of Indonesia.When viewed from the outside, security issues and safety SOPs at PT Pertamina Plumpang itself are very strict.However, with the reason for the cause of the fire which was analyzed from several sources that with the occurrence of technical disturbances that resulted in excessive pressure so that the fire occurred (Wirandaru, 2023).However, from other sources, the cause of the fire at the Plumpang depot came from the fuel inlet pipe, which is located close to the residential parapet.Pertamina's depot, which is one of the most important fuel terminals in Indonesia and is world-class, has also experienced a fire in 2009, which resulted in losses of around 17 billion.After the incident, Vice President Jusuf Kalla asked PT Pertamina (Persero) to maintain security and safety standards at the oil refinery (Yakub & Phuspa, 2019).
The experience of the above events leads to the conclusion that even though reports and checks are routinely issued, it does not mean that a company is free from risks.In today's global era, attention to risk assessment is fundamental.This is because in the global area, businesses are faced with an environment of very high uncertainty and complexity (Aditya & Naomi, 2017).Moreover, as we know PT Pertamina Persero is a company engaged in the oil and gas sector, so it must pay attention to occupational health and safety (Health & Safety) which is a significant problem and an important factor in determining excellence for competitiveness and must require serious attention and management of efforts in the field of occupational health and safety.
PT Pertamina (Persero) is one of the leading national oil companies in Indonesia that plays an important role in the distribution and procurement of oil and gas resources in Indonesia.In this effort, of course, facilities are needed to store and distribute these products so that people can utilize energy in meeting their needs.The Fuel Oil Depot (BBM) in Priuk, North Jakarta is one of the terminals owned by PT Pertamina Patra Niaga as one of the entities of PT Pertamina (Persero) which holds responsibility for storing and distributing production.The place commonly used to store petroleum products is a tank.Tanks in the oil and gas industry are structures that are used as storage for crude oil, LNG, and their derivative products including fuel oil (BBM).In general, the oil storage tank or liquid material is in the form of a cylinder which has a large enough diameter.The activities of PT Pertamina Persero involve all aspects of the field, from upstream to downstream.In accordance with Pertamina's aspirations to become a Global Energy Champion with a market value of US $ 100 billion, of course, it must increase PT Pertamina's consistency in the implementation of ESG (Environmental, Social & Governance) aspects, especially those related to social aspects where occupational health and safety are the main concerns, namely by providing appropriate responses to risks that may occur.Of course, this is done with the aim of minimizing the risk costs that will be incurred and increasing company profits, increasing employee productivity and loyalty and for the sake of maintaining the company's image in the eyes (international world).The research aims to examine the application of Risk Management in the company PT Pertamina TBBM Tanjung Priok -Plumpang.

Research Methods
This research uses a qualitative method with a descriptive approach (Creswell & Creswell, 2017).In this study using qualitative methods where the results of the analysis are in the form of analysis of each existing risk.This research uses the following data collection methods:

Observation Technique
In this observation technique, information is recorded when making observations in the field, precisely on the X tank Upgrading project.This observation is carried out for later interviews/discussions together with the contractor or owner.Observations in the field also sometimes coincide with interview techniques where if at the time of observation there are things that are not understood, then questions and answers are asked with the contractor or owner.This observation is also carried out if there is data that cannot be obtained through interviews.Observation is also carried out to better understand technical matters related to the project so that it makes it easier to analyze.

Documents
In this study, document techniques were used where in this study documents were obtained in the form of Project TOR, technical drawings, material approval letters obtained from the contractor.These data are needed for the analysis needs in this study which can be accounted for because they have gone through the approval process.

Interview
In this research, interview techniques were also carried out where discussions were held with the executor in this case the contractor and owner.This interview was conducted based on the results of observations and project documents or other documents mentioned in the previous section.Information from the interview results is used as an addition to the analysis carried out.

Results and Discussion
The risk analysis process involves observing the job site to obtain an initial risk identification, and then analyzing it with a probability and impact matrix.This risk identification is an iterative process where risks sometimes arise during project implementation or throughout the project life cycle.Based on PMBOK edition 6, this risk analysis is both qualitative and quantitative (Stackpole, 2013).Qualitatively, a risk prioritization analysis process is carried out to be followed up with an assessment that can show the likelihood of risk occurrence and its impact (Tavan & Hosseini, 2016).While quantitative is a numerical analysis which is a combination of risk identification.The table below shows the results of the risk management analysis on the oil tank lifting process that has been adjusted to the assessment provisions in table 1.From the results of the analysis in the table above, namely the hazards of the tangka lifting process in the tangka X construction project at TBBM Tanjung Priok, several medium and high value risks were found.The risk assessment in this analysis process is in accordance with the existing assessment requirements.This risk identification is carried out to anticipate problems on the project and analyze the actions that must be taken if the risk occurs, so that if in the process of running the project the risk occurs it will not have too much impact.The risks identified in the table above are high-value risks that must be prevented as well as possible.From the analysis Analysis of The Application of Risk Management in PT.Pertamina TBBM Tanjung Priok to Improve Non-Financial Firm (Case Study: Tank Construction X -Tanjung Priok) results, there are 8 risks that can occur on the project.Risk management guidelines should be made with the aim of being easy to understand and understand so that the application in the field can run optimally.

Conclusion
The implementation of Risk Management helps companies to manage risks well where the risks are identified and assessed.In the risk analysis, there are 8 risks that can occur in the project which are considered to have a high risk impact.From the analysis results, there are 5 risks with moderate levels and 3 risks that are of high value.Using the application of PMBOK in risk analysis can make risk management guidelines easier to understand and understand but still detailed in the analysis process which can help smooth the project being implemented.Therefore, the application of the Project Management Body of Knowledge in the project world is very calculated.Because as we know PMBOK can help to plan, organize, and improve from every aspect within the scope of the world of construction projects.There are 4 ways used, namely rejecting (avoid), reducing (reduce), accepting (accept), and sharing (share).Mostly, companies take action to reduce risks to reduce the negative impact arising from these risks.The implementation of Risk Management can help companies to improve non-financial performance where the main goal is to meet consumer needs.By measuring the existing risks, the company will know whether the existing risks are classified as high / medium / low risk and then the company will be able to manage risks based on their priority level first.