Management of investment projects is a real opportunity to reform the country's economy

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Management of investment projects and the effective use of all the concepts of project management of the real sector of the economy is a promising opportunity to reform all sectors of the domestic economy. Currently, project management methods are mandatory used in the construction, metallurgical, oil, energy, gas and other industries. Management of investment and construction projects is a mandatory requirement in any programs with the participation of foreign investors. The main goal, of course, is the effective management of investment projects.

Earlier studies suggest that to ensure efficiency, constant coordination of management tools, timely implementation of quality management and environmental sustainability of projects is necessary.

Management of investment projects in the construction industry involves identifying risks, developing ways to minimize them. Also worthconsider the stages of planning, control and regulation of the process and progress of the project. An important point is the formation of the composition of the project team and the distribution of functional responsibilities between its members.

In turn, the introduction of the conceptual model of quality management (with the abbreviation in English. "QMS") is justified by economic efficiency. This QMS model in an organization should be understood as the ISO 9001 model, which is classified as a business process and a management process in the product life cycle. Let's decipher what exactly the latter includes. We repeat that a competent project team is initially formed, within which powers, responsibilities and functions within the project are distributed. Regular internal audit, document management, qualitative analysis of external and internal data are also required.

Management of investment projects implies, among other things, the management of human resources and other resources of the organization. It is necessary to optimize all assets and liabilities, as well as manage the production base and infrastructure of the enterprise. And this is only a summary of the necessary steps in quality management, which gives an immediate increase in efficiency in the implementation of the project.

In the management of investment and construction projects, environmental safety is of great importance, taking into account all possible environmental risks and disasters. Thus, according toenvironmental protection requirements require environmental design during production processes.

Project management methods are diverse, but in the investment and construction sector they stipulate mandatory planning to improve the efficiency of project implementation, timely and high-quality implementation of quality management and environmental safety management.