Improving Approaches to Evaluating the Effectiveness of Management Decisions During Reconstruction of Real Estate Properties
Abstract: This study is devoted to the issues of making appropriate management decisions in the process of implementing a real estate reconstruction project. Based on a generalization of existing normative approaches, a point of view has been formed on the essence, main goals and objectives of reconstruction at the present stage of development. The problems of calculating the efficiency indicators of a reconstruction project, caused by the technical and organizational features of the reconstruction of a real estate property, have been identified. Comparative and absolute approaches to determining the level of economic efficiency of a reconstruction project are considered. A thesis has been formed about the need to improve existing approaches. Based on the internationally recognized methodology for assessing the effectiveness of investment and construction projects, a methodological approach to analyzing the current effectiveness of a reconstruction project has been formed. An algorithmized sequence of its implementation and a list of key indicators have been generated, allowing one to form a conclusion about the future fate of the project.
Keywords: reconstruction, project, efficiency, methodology, indicators, management decision.
Pages: 75-87.
For citation: Grakova, M. A. Improving Approaches to Evaluating the Effectiveness of Management Decisions During Reconstruction of Real Estate Properties. – Text : electronic. – In: Economics of Civil Engineering and Municipal Economy. – 2024. – Vol. 20, N 1. – Р. 75-87. – URL: https://donnasa.ru/publish_house/journals/esgh/2024-1/st_08_grakova.pdf (date of access: 21.11.2024). – edn: bdgnni. – ISSN 1993-3509. (in Russian)
Vol. 20, N 1 (2024)
Journal: Economics of Civil Engineering and Municipal Economy
Publish house: Donbas National Academy of Civil Engineering and Architecture
Journal: Economics of Civil Engineering and Municipal Economy
Publish house: Donbas National Academy of Civil Engineering and Architecture