Doctor of
Economic Sciences
Ryzhakova G.M.
Kiev National
University of Civil Engineering and Architecture
SYSTEM UPDATE OF THE OPERATIONAL-ANALYTICAL
APPROACH
TO THE FORMATION
MULTICOMPONENT PORTFOLIO OF PROJECTS: CRITERION
BASIS, ALGORITHMS AND SOFTWARE PRODUCTS
The
operational and analytical approach to the formation
of the criterion,
algorithms and software products of the multicomponent
portfolio of projects is based
on the principles
that must include several groups: 1) general indicators of production
efficiency (enterprise activity); 2) indicators of efficiency of
labor use (personnel); 3) indicators of the efficiency
of the use
of production fixed and working
capital; 4) indicators of the efficiency
of the use
of financial resources (working capital and capital
investments). Each of these groups
covers a certain number of specific
absolute or relative indicators that characterize the overall efficiency
of production (enterprise activity) or the efficiency
of the use
of certain types of resources.
The absence of this property
may lead to an inadequate
response to destructive situations that adversely affect individual stages of the
life cycle during the implementation
of a construction project and potentially
or indeed may cause the
destruction of the entire production
and economic structure of the
enterprise.
Under
conditions of limited resources, the problem of
combining innovative
business-portfolio development tools
with the modernized system of business indicators
of the company-developer activity is updated,
which reflects the accumulation of material, financial,
human resources within the framework
of the multi-project production program and their
purpose for achieving the investment
objectives. On the basis of
the results of the scientific
and methodological work of the
functional essence, content and parametric
filling of applied methods and models of
business portfolio formation, the developed toolkit for the development
of the production
program is defined as: phased
and integrated, which combines resource, project-oriented (targeted),
situational and image approaches.
Any system, including economic one, provides for
functioning and development, change and transformation, because it will
constantly experience the influence of many internal and external forces, and
therefore is not static in the long run: the dynamics of the functioning
environment objectively leads to the need for modification of such a system,
its adaptation , modification or transformation.
The
cost factor is decisive both
during the planning and implementation
of the project,
and at the
stage of evaluation of its
results. In today's crisis conditions, project cost management includes not only
tasks and procedures for the formation, control and execution
of the approved
project budget, but also constitutes
a limitation of all project activities.
The tendency of a ban in
excess of the budget is
increasing in any case, under
any circumstances. Consequently, the concept of project-based budgeting in contract
construction begins to dominate other
fields of knowledge and integrates
strategic decisions that ensure the
successful completion of the project.
The
generalization of approaches to the
organization of the budgeting process
has revealed the use of
functional (cost) and process approaches
and prove that, given the
organizational capabilities
of management in the process
of achieving strategic goals, the process approach
to budgeting has a number of
advantages over functional, because it increases the
quality of planning, the organization
and controls and enabling the
use of a wide range of
their tools, creates the prerequisites
for combining budgets with elements
of strategy in a unified control
chain.