The Essence of the Uncertainty Factor in the Management of Innovative Projects

A. O. PetrunkoDonbas National Academy of Civil Engineering and ArchitectureT. I. ZagoruikoDonbas National Academy of Civil Engineering and Architecture
Type: Original Article
doi: 10.71536/esgh.2025.v21n1.2
edn: myxcpj

Abstract: This paper examines the content and essence of the uncertainty factor based on movement from the general patterns of this phenomenon manifested in relation to sources of human action and decision-making, to particular manifestations of the studied factor in the context of implementing innovative project management functions. The hypothesis of the study is that the phenomenon of initiative of the personality acts as a source for innovative projects (and indeed for any activity) and lies in the area of significant uncertainty. According to the topic of the article, various manifestations of the studied factor were identified in two essential areas: conscious and reactive uncertainty. As a result of theoretical analysis of scientific sources, a number of basic approaches were identified to determine the essence of the uncertainty factor, including those from the perspective of content of project management in an information environment. Based on the results of study, relevant assumptions were made regarding the management of uncertainty in the implementation of innovative projects.

Keywords: management, project activity, innovation, innovative projects, planning, forecasting, uncertainty, information.

Pages: 15-22.

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For citation:
For citation: Petrunko, A. O.; Zagoruiko, T. I. The Essence of the Uncertainty Factor in the Management of Innovative Projects. – Text : electronic. – In: <em>Economics of Civil Engineering and Municipal Economy</em>. – 2025. – Vol. 21, N 1. – Р. 15-22. – doi: 10.71536/esgh.2025.v21n1.2. – edn: myxcpj. – ISSN 1993-3509. (in Russian)


Issue Cover
Vol. 21, N 1 (2025)
Journal: Economics of Civil Engineering and Municipal Economy
Publish house: Donbas National Academy of Civil Engineering and Architecture