scholarly journals APPLICATION FEATURES OF MODERN PROCESS MANAGEMENT TECHNOLOGIES IN BUSINESS PROJECTS DURING THE TRANSFORMATIONAL CHANGES IN THE ECONOMY

2021 ◽  
Author(s):  
Oleksii Hrynyuk ◽  
Olena Misyaylo
Keyword(s):  
Project Management ◽  
Process Management ◽  
Economic Environment ◽  
Economic Activities ◽  
Advantages And Disadvantages ◽  
Modern Process ◽  
Organizational Orientation ◽  
Systemic Problems ◽  
Business Entities ◽  
High Level

The article is devoted to the study of the features of the use of modern process technologies for managing business projects in the context of transformational changes in the national economic environment. Modern conditions for conducting economic activities force enterprises to resort to the use of more progressive tools for the implementation of organizational measures of a project or program nature. The article examines the main international organizations that formed the theoretical basis for the development of project management, identifies the main types of project management technologies in accordance with the nature of their target orientation, in particular, management technologies of qualification, specialized, object and organizational orientation. Provided a detailed description of the key technologies of process management of business projects, which are actively used in the economic practice of modern enterprises, namely Waterfall, Agile, Scrum and Kanban, in the context of their key essential characteristics, as well as inherent advantages and disadvantages in practical application. However, taking into account the specific features of each of the process management methods of business projects, as well as the high level of influence of external factors, which is observed in modern market conditions, business entities will certainly face a number of systemic problems associated with ensuring the effective implementation of these management technologies and maximizing the results obtained from such actions. The authors of the article identify and reveal in detail the main problems faced by domestic enterprises in the process of implementing project management measures caused by the influence of destructive factors of the external economic environment. An expanded list of recommendatory measures has been formed to overcome the designated management problems, both from the standpoint of effectively countering the complex macroeconomic and post-pandemic economic realities of functioning, and with respect to the specifics of the selection of certain project management techniques.

scholarly journals Sources of Investment Support of Production and Business Activities in the Russian Economy

2021 ◽  
Vol 91 ◽  
pp. 01003
Author(s):  
A.V. Streltsov ◽  
G.I. Yakovlev ◽  
I.V. Kosyakova
Keyword(s):  
Organizational Development ◽  
World Market ◽  
State Regulation ◽  
Economic Activities ◽  
Investment Activity ◽  
Advantages And Disadvantages ◽  
High Resource ◽  
High Level ◽  
Investment Process ◽  
Productivity And Competitiveness

The problems of determining effective and available sources of investment for the purposes of technical and organizational development of enterprises and business activities are studied. An urgent requirement is to reverse the unstable dynamics of the industrial investments volumes implemented by Russian enterprises, the low degree of renewal of fixed assets of enterprises that go to a critically high level of wear and tear, which does not allow for high resource productivity and competitiveness of Russian enterprises of processing activities in the world market. The purpose of the study is to consider the indicators of the current state and the possibility of using certain available sources of investment in production, to analyze the characteristics of state regulation of investment activity in the economy. The article uses methods of statistical grouping, analysis of cause-and-effect relations, and meaningful economic interpretation of the phenomena of the investment process in the Russian and world economy conditions. A comparative analysis of the most popular sources of investment support for production and economic activities of enterprises is carried out, their advantages and disadvantages, and features of use are shown. As a result, recommendations were formed on the choice of investment sources in relation to various economically stable groups of manufacturing enterprises operating in markets of different regulatory severity.

scholarly journals The Essence and Role of Reengineering at Enterprises

2020 ◽  
Vol 4 (46) ◽  
pp. 155-163
Author(s):  
V. Y. Zhezhukha ◽  
Keyword(s):  
Business Processes ◽  
Methodological Approach ◽  
Practical Experience ◽  
Professional Activity ◽  
Economic Activities ◽  
Advantages And Disadvantages ◽  
Wide Range ◽  
Historical Viewpoint ◽  
Business Entities ◽  
The Individual

The article aims at developing the essence of the concept of reengineering and highlighting its characteristics. Various approaches to the interpretation of this concept have been considered from a historical viewpoint. It has been found out that modern scientists consider this concept from different positions, e.g. as a conceptual and methodological approach, as philosophy of activity, as skills, as a method of business management, as a concept of change, as a method of restructuring, as a tool for business efficiency, as a process, as a type and sphere of professional activity, etc. At the same time, taking into account the instruments of morphological analysis; identifying the advantages and disadvantages of each of the approaches to understand the meaning of "reengineering"; as well as studying practical experience; and finally, drawing general conclusions from scientific research on this issue have allowed the author to substantiate the expediency of interpreting reengineering as a direction of management activities aimed at restructuring business processes at an enterprise radically to achieve the established efficiency criteria. The main business components have been identified and characterized, in relation to and in the context of which the need to use reengineering instruments can be considered. The prevailing components of reengineering in the activity of enterprises have been analyzed. To specify the essence of the "reengineering" concept, its characteristic features are highlighted, namely: the individual nature of work and services performed (provided) within it; dependence of the content and nature of reengineering on the features of business entity; significant influence of the competence of business entities responsible for reengineering on its effectiveness; coverage by reengineering of both traditional and innovative business processes; an opportunity for business entities to solve a wide range of problems through using reengineering; the difficulty of establishing clear and unambiguous criteria for evaluating the effectiveness of reengineering in the initial stages of its implementation; the temporary nature of the relationship between the parties involved in the reengineering project implementation; relative separation of reengineering from the current production and economic activities of a company; the possibility of applying reengineering to various business processes at an enterprise; the necessity to make initial investments in the performance of work (services) within an reengineering project.

scholarly journals Research on technical support SaaS platform of soil pollution control based on the whole process management

2021 ◽  
Vol 269 ◽  
pp. 01014
Author(s):  
Yuanhua Chen ◽  
Hao Wang ◽  
Tianwei Sun
Keyword(s):  
Project Management ◽  
Soil Pollution ◽  
Process Management ◽  
Pollution Prevention ◽  
Technical Support ◽  
Repair Work ◽  
Whole Process ◽  
High Level ◽  
The Cost ◽  
And Control

In order to improve the effect of soil pollution prevention and control, a technical-support cloud platform is designed to establish a high-level technologies, uniform standards, and regulatory tool for soil environmental investigation, risk assessment and repair work. Firstly, according to the process of soil remediation, combined with the source and pollution characteristics of soil pollutants, the main pollution components in the soil environment were classified and distributed, and then the platform was designed and developed. The system has the functions of project management, query, risk analysis and prediction, drawing, tabulation and so on. Finally, combining with the soil environmental quality standards, the effectiveness and cost indicators of the treatment methods were classified and digitized, which would greatly improve the implementation efficiency and reduce the cost of the project management.

scholarly journals A Study on Project Management of Nanded City

2021 ◽  
Vol 9 (VI) ◽  
pp. 793-795
Author(s):  
Prof. Y. K. Paul
Keyword(s):  
Project Management ◽  
Small Towns ◽  
Economic Activities ◽  
Metropolitan Regions ◽  
Environmental Consequences ◽  
The Social ◽  
Essential Services ◽  
Private And Public ◽  
High Level ◽  
Level Training

Project management of nanded city encompasses the preparation of plans for and the regulation and management of towns, cities, and metropolitan regions. it is concerned with the social, economic, and environmental consequences of delineating spatial boundaries and influencing spatial distributions of resources. Small towns are faced with the challenges of decaying infrastructure and declining economic activities with more and more people making a living in towns it becomes a challenging to plan for their housing transport, water and other essential services. This high level training program is gathering of professionalize in both private and public sectors and other key personal in small town regeneration projects

scholarly journals Anti-crisis financial management – component of industrial enterprise management

2021 ◽  
pp. 10-13
Author(s):  
Lina KOSTAKOVA
Keyword(s):  
Financial Management ◽  
Financial Stability ◽  
Enterprise Management ◽  
Economic Activities ◽  
Graph Tree ◽  
Business Entities ◽  
Enterprise Management System ◽  
The One ◽  
High Level ◽  
Financial Balance

In the course of the study, it was found that the factors of the internal and external environment produce a destabilizing effect on the activities of business entities. It has been established that anti-crisis financial management is a necessary attribute in overcoming the influence of negative factors and stabilizing the financial and economic activities of enterprises. On the basis of the conducted critical review, it was found that scientists consider anti-crisis financial management, on the one hand, as a separate direction of management, which is a set of financial methods for preliminary diagnostics and prevention of a financial crisis and aimed at effectively overcoming it, and on the other hand, as a component of the overall enterprise management. The place of anti-crisis financial management among such components as financial management of an enterprise and financial management of an enterprise is schematically determined, and interrelationships between them are established. A typical graph-tree of enterprise goals has been developed, which reflects the relationship of each stage of enterprise management by dividing them by the goals of the current level and outlined the tasks of anti-crisis financial management, the essence of which is to maintain a high level of liquidity and solvency indicators, ensure financial stability and financial balance of the enterprise, prevention of possible bankruptcy, formation of the structure of borrowed sources, and the like. It is proved that anti-crisis financial management should be considered in the context of a component of the general enterprise management system.

The Assessment of Construction Project Management Maturity Level in the Silesian Region in Poland

2014 ◽  
Vol 1020 ◽  
pp. 796-802 ◽  
Author(s):  
Dorota Jelonek ◽  
Joanna Nowakowska-Grunt ◽  
Leszek Ziora
Keyword(s):  
Project Management ◽  
Time Management ◽  
Process Management ◽  
Integrated Management ◽  
Construction Project ◽  
Research Process ◽  
Survey Method ◽  
Construction Project Management ◽  
Construction Companies ◽  
High Level

Every construction investment is a project requiring close coordination, the freedom of access to the information, the application of special activity techniques and most of all the high level of maturity of construction project management. Findings of research conducted in different areas of project management confirm that the assurance of high level of project management maturity conditions the achievement of project's success. The higher level of maturity means the greater degree of capability to manage a construction project. The aim of the article is verification of the following hypotheses: H1: Polish construction companies in a small extent use integrated management of construction project. H2: The highest maturity of construction project management appears in knowledge areas connected with cost management and time management H3: The lowest maturity of construction project management appears in the areas of knowledge connected with risk management and communication management. The study reported in this article was conducted during 2013 year in the construction sector. The survey method was applied in research process. The research embraced 23 construction companies. The respondents are managers of the highest and medium level of management in construction companies. The respondents indicated one out of five maturity levels for selected nine knowledge areas: Level 1: „Initial”, Level 2 “Evolving”, Level 3 “Perfecting, Level 4 “Accomplished” and Level 5 “Optimizing”. Based on the results of an analysis into the level of maturity of project management processes in Polish construction companies, the overall process management maturity indicator for all functions is 3.34. All three hypothesis were verified positively.

Implementation of the cluster economy concept in the accounting system

2021 ◽  
Vol 72 (5) ◽  
pp. 64-69
Author(s):  
V. Hyk
Keyword(s):  
Cluster Formation ◽  
Cluster Structure ◽  
Developed Countries ◽  
Accounting System ◽  
Strategic Decisions ◽  
Economic Activities ◽  
Cluster Management ◽  
Organizational Mechanism ◽  
Business Entities ◽  
High Level

The paper is devoted to the fundamental aspects of clustering the economy of Ukraine. This topic is important because modern economy of the developed countries, which was previously based on traditional forms, is now impossible without innovation clusters development. Therefore, the investigation of the transformation of innovation systems based on clusters under the influence of crises in the world economy and the consequences of the COVID-19 pandemic is very important scientific and practical task. The theoretical experience and essence of the organizational mechanism of cluster structures are considered in this paper. It is determined that the concept of cluster economy offers new types of interaction between business entities, government and other institutions that are interested in increasing competitiveness. Therefore, the study of the cluster approach should be based on theories investigating the relationship between competition and cluster models. It is established that economy clustering strengthens the relationships between economic entities and contributes to the regions competitiveness increase. It is the strengthening of ties between cluster members that promotes the implementation of innovations. Conceptual approaches to cluster structure management are considered. It is determined that the network form of management is based on the use as the subject of cluster management of an independent business unit, which replaces the functional management structures of independent association members. This form of management is based on the high level of trust between the cluster members, as well as on the development of relations between economic entities. The cluster formation requires appropriate changes in the field of management, and this, in turn, affects its main information carrier – the accounting system. The author emphasizes the need to create accounting and analytical support for the cluster management system. The accounting information system should reflect the facts of financial and economic activities of the integrated structure and provide management with the ability to make tactical and strategic decisions. That is why the development of accounting will contribute to obtain more complete and reliable information about the results of the cluster as a group of legally independent, but interconnected in economic and financial terms of organizations.

Analisis SWOT (Strength, Weakness, Opportunities, Threats) Melalui Inkuiri Terbimbing Pada Materi Kegiatan Ekonomi Mahasiswa Pendidikan Guru Sekolah Dasar

2019 ◽  
Vol 1 (2) ◽  
pp. 141
Author(s):  
Iis Yeni Sugiarti
Keyword(s):  
Swot Analysis ◽  
Descriptive Analysis ◽  
Qualitative Approach ◽  
Guided Inquiry ◽  
Analysis Method ◽  
Economic Activities ◽  
External Analysis ◽  
High Level ◽  
Center Area ◽  
Trade Competition

Abstrak. Desa Trusmi merupakan sentra batik sekaligus kuliner di Kabupaten Cirebon. Banyaknya pemegang usaha di bidang produksi batik mengakibatkan persaingan dagang diwilayah tersebut. Penelitian ini bertujuan untuk menganalisis SWOT (Strength, Weakness, Opportunities, Threats)  di salah satu usaha batik milik H. Edi Baredi atau sering dikenal dengan EB Batik Tradisional melalui inkuri terbimbing. Analisis meliputi profil usaha, aspek produksi, aspek tenaga kerja, aspek pemasaran dan aspek keuangan. Jenis penelitian ini menggunakan pendekatan kualitatif dengan metode deskripstif analisis. Berdasarkan analisis internal dan eksternal analisis SWOT, strategi yang  dilakukan oleh EB Batik Tradisional yaitu menghindari kehilangan penjualan dan profit yang disebabkan banyaknya persaingan dagang di kawasan sentra batik Trusmi dengan munculnya inovasi baru. Penguatan karakter pada produksi batiknya dapat mengatasi pesaingan dagang dan menambah daya tarik pembeli. Kata Kunci: SWOT, Inkuiri Terbimbing, dan Kegiatan Ekonomi Abstract. Trusmi village is a center of batik as well as culinary in Cirebon Regency. A large number of business holders in the field of batik production has resulted in trade competition in the region. This study aims to analyze SWOT (Strength, Weakness, Opportunities, Threats) in one of the batik business owned by H. Edi Baredi or often known as EB Traditional Batik through guided injury. The analysis includes the business profile, production aspects, labor aspects, marketing aspects, and financial aspects. This type of research uses a qualitative approach with descriptive analysis method. Based on internal and external analysis of the SWOT analysis, the strategy carried out by EB Traditional Batik is to avoid losing sales and profits due to the high level of trade competition in the Trusmi batik center area with the emergence of innovations. Strengthening the character of batik production can overcome trade competition and increase the attractiveness of buyers. Keywords: SWOT, Guided Inquiry, and Economic Activities

Agrarian receipts as a tool for the structural transformation of financial and credit relations in the agrarian business of the region

2019 ◽  
pp. 40-53
Author(s):  
Yuliia Nehoda
Keyword(s):  
Comparative Analysis ◽  
Retrospective Analysis ◽  
Structural Transformation ◽  
Pilot Project ◽  
Bank Lending ◽  
Economic Benefits ◽  
Advantages And Disadvantages ◽  
New Instrument ◽  
Agricultural Business ◽  
Business Entities

The subject of the research – is a set of organizational-economic relations arising in the process of structural transformation of financial and credit relations in the agricultural business. The purpose of the article is a retrospective analysis of structural transformations of financial and credit relations in the agricultural business, evaluation of the effectiveness and feasibility of the introduction of agricultural receipts as a new instrument of lending to the agricultural business of the regions. Methodology of work – system-structural and comparative analyzes (to determine the effectiveness of the crediting mechanism according to the agricultural receipts of the farmers of the region); monographic (when studying the problems of the functioning of the mechanism of lending to agrarians by agrarian receipts) economic analysis (when carrying out a comparative analysis of the mechanism of classical bank lending to the agrarian business and the mechanism of lending to agrarians according to agrarian receipts); modeling and forecasting (when determining ways to overcome the existing deficiencies in the mechanism of lending to agrarian business entities of the region according to agrarian receipts). The results of the work – a retrospective analysis of the structural transformation of financial and credit relations in the agricultural business was carried out. The mechanism of crediting agrarians according to agrarian receipts and the scale of its distribution in the agrarian business of the region are considered. A comparative analysis of the mechanism of classical bank lending to the agrarian business and the mechanism of lending to agrarians according to agrarian receipts was carried out. In the framework of the pilot project “Agrarian receipts in Ukraine” of the international financial corporation (IFC) in partnership with the Swiss Confederation in Ukraine, the example of the Poltava region defined the effectiveness of the crediting mechanism according to the agrarian receipts of the agrarians of the region. The advantages and disadvantages of the mechanism of crediting the subjects of the agrarian business on agrarian receipts are noted. The ways to overcome the existing shortcomings of the mechanism of crediting the subjects of the agrarian business of the region according to agricultural receipts are determined. Conclusions – according to the results of the conducted research, the effectiveness of the mechanism of lending to the agricultural business of the regions according to agricultural receipts was proved, its advantages and disadvantages were noted, and attention was also focused. Proposed in Art. 7 of Law No. 5479-VI clearly delineate cases and restrictions on the debtor’s reimbursement of expenses incurred by the lender with the acquisition of the right to grow and harvest the pledged crop of agricultural products, which will ensure the principle of equality of parties on economic benefits and distribution of credit risks according to agricultural receipts.

Main approaches to estimating the cost of shareholder equity of oil and gas producers

2020 ◽  
Vol 26 (3) ◽  
pp. 685-697
Author(s):  
O.V. Shimko
Keyword(s):  
Oil And Gas ◽  
Oil Prices ◽  
Minimum Cost ◽  
Free Cash Flow ◽  
Annual Reports ◽  
Comparative Approach ◽  
Economic Activities ◽  
Advantages And Disadvantages ◽  
Oil And Gas Producers ◽  
The Cost

Subject. The study analyzes generally accepted approaches to assessing the value of companies on the basis of financial statement data of ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, Devon Energy, Anadarko Petroleum, EOG Resources, Apache, Marathon Oil, Imperial Oil, Suncor Energy, Husky Energy, Canadian Natural Resources, Royal Dutch Shell, Gazprom, Rosneft, LUKOIL, and others, for 1999—2018. Objectives. The aim is to determine the specifics of using the methods of cost, DFC, and comparative approaches to assessing the value of share capital of oil and gas companies. Methods. The study employs methods of statistical analysis and generalization of materials of scientific articles and official annual reports on the results of financial and economic activities of the largest public oil and gas corporations. Results. Based on the results of a comprehensive analysis, I identified advantages and disadvantages of standard approaches to assessing the value of oil and gas producers. Conclusions. The paper describes pros and cons of the said approaches. For instance, the cost approach is acceptable for assessing the minimum cost of small companies in the industry. The DFC-based approach complicates the reliability of medium-term forecasts for oil prices due to fluctuations in oil prices inherent in the industry, on which the net profit and free cash flow of companies depend to a large extent. The comparative approach enables to quickly determine the range of possible value of the corporation based on transactions data and current market situation.

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