Monitoring of the Implementation of Investment and Construction Projects: Current State and Development
Abstract: The article considers the theoretical foundations of monitoring investment and construction projects, clarifies the essence, goals, principles and functions of monitoring investment and construction projects. Main problems in monitoring investment construction projects identified. As investment is now under way in conditions of dynamic risk and uncertainty, the content of the investment project management process has changed significantly. It is not enough to evaluate project performance to make informed investment decisions. Continuous analytical work is required throughout the life cycle of the project. The information required for analysis on the current state of the project, arising deviations and problems can only be obtained by developing and implementing a monitoring system for investment and construction projects, which will significantly increase its effectiveness, thanks to the adoption of operational corrective management impacts. The features of the monitoring system are considered based on the scope of the project, its goals and stages of implementation. The main problems in the monitoring of investment and construction projects are outlined.
Keywords: investment and construction project, project management, monitoring, project life cycle, monitoring principles, monitoring functions, pre-investment phase, investment phase, operational phase.
Pages: 59-67.
For citation: Tarkhanova, N. A.; Ryazantsev, A. V. Monitoring of the Implementation of Investment and Construction Projects: Current State and Development. – Text : electronic. – In: Economics of Civil Engineering and Municipal Economy. – 2022. – Vol. 18, N 1. – Р. 59-67. – URL: https://donnasa.ru/publish_house/journals/esgh/2022-1/06_tarkhanova_ryazantsev.pdf (date of access: 21.11.2024). – ISSN 1993-3509.
Vol. 18, N 1 (2022)
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