This year, for the fourth time, students from the Faculty of Engineering Universitas Indonesia (FTUI) won the international construction competition, The Chartered Institute of Building (CIOB) Global Student Challenge 2022. FTUI’s team, Nawasena, won the runner up under the guidance of professor of the Department of Civil Engineering FTUI, Prof. Mohammed Ali Berawi, M.Eng.Sc., Ph.D. This team consists of four students from the Department of Civil Engineering class 2018, Sylvia Larasati Putri, Muhammad Hafiz Setiawan, Muhammad Reza Imansyah, Cakraningrat Kencana Murti.
“This competition is basically role playing, each team plays a role in managing the construction company for certain period. In the virtual company of the NawasenaF FTUI team, the management of this company is led by four managers, Financial Manager (Sylvia Larasati Putri), Overheads Manager (Muhammad Hafiz Setiawan), Estimating Manager (Cakraningrat Kencana Murti), and Construction Manager (Muhammad Reza Imansyah),” said Sylvia who was the team leader.
During the competition period, each team is provided with data and graphs to help the team analyze the company’s perfomance, including client information, contract value, company finances, stock price, investment, turnover, profit, value, overhead, staff agency, capacity and training costs.
“There are six weekly rounds in the early stage of the competition. Teams are assessed weekly based on Key Perfomance Indicators, including Gross Profit to Turnover ratio, Operating Proft to Turnover ratio, Company Value, Share Price and Client Satisfaction. From the results of the assessment, the committe then chose the top six teams as finalists, including the Nawasena FTUI team,” said Hafiz.
“There are the three rounds of competition, preliminary, early years, and final years. The Overhead Manager performs forecasting to see the state of the market in the current phase, selects the type of project to be taken and perfoms calculations for the company’s management staff. The Estimating manager is tasked with making decisions regarding which projects are suitable to improve the company’s perfomance, ensuring that the company can “secure” the project by determining a competitive bid price based on accurate estimation results compared to other participants,” said Cakraningrat.
Prof. Mohammed Ali Berawi, M.Eng.Sc., Ph.D has guided the FTUI student team since 2019 stated, “This competition is an arena for proving student’s abilities to produce various strategies and tactical steps that are appropriate to the development of development dynamics by considering technical aspects, investment and business and project sustainability.”
Due to pandemic, this prestigious international competition was held online on 19-25 June 2022 by The Chartered Institute of Building (UK), the world’s largest construction management professional organization, and was attended by 35 teams from all over the world. This competition uses MERIT, an online game that simulates the management of a construction company. Each team consists of four people, each of whom plays an important role in managing each team’s virtual construction company.
The Construction Manager is in charge of controlling the process of the implementing the construction of buildings that have been won through auctions. There are two things that are controlled, the Project Manager (PM) and Labor. In controlling, several aspects are considered including project difficulty, risk level, PM background, and company’s financial stability.
The Financial Manager (FM) is in charge of managing the company’s finances, so operational cost needs and stakeholder expectations can be met, predicting operational costs and profits (in collaboration with other managers), determining the amount of dividends and investments. There are two main focuses for FM, namely increasing Company Value and Share Price.
“Based on the design we made, the Nawasena FTUI team won a final score of 2541. This final score is only 3 points different from the team that won the firs place. In addition, from the final graph it can be seen that our company’s growth is more sustainable compared to other teams in the terms of share price,” said Reza.
“By winning this competition, the ability and competence of students at FTUI are considered capable of competing in the international world. Future students can continue to improve their ability to compete in the international word as a form of embodiment of Indonesia as a superior and advanced country and have a real impact on society,” said the Dean of FTUI, Prof. Dr. Heri Hermansyah, S.T., M.Eng., IPU regarding student scievements.
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Public Communication and General Administration
Faculty of Engineering Universitas Indonesia
