Features of the Life Cycle of Investment and Construction Projects and Real Estate Objects: Theory and Practice Analysis
N. A. Tarkhanova, A. A. Tymoshko, A. V. Zuyev
FSBEI HE «Donbas National Academy of Civil Engineering and Architecture»
Annotation: Issues related to the specifics of the implementation of investment and construction projects, a portfolio of projects, programs and real estate objects are considered. The concepts of investment and construction project, portfolio of projects, programs have been clarified. The features of investment and construction projects in comparison with other projects are shown. The contents of the phases and stages of the life cycle of investment and construction projects, a portfolio of projects, programs, and real estate objects are disclosed. The functions of the life cycle of investment and construction projects are outlined. The necessity of engineering of investment and construction projects and real estate objects is substantiated. The concept of life cycle engineering of a real estate object involves a comparison of the life cycle of a real estate object and the life cycles of a product, technology, equipment, permanent and variable environment. The features of life cycle management at each phase have been clarified. The ability to manage the life cycle of investment and construction projects and real estate objects is an important competitive advantage. Life cycle analysis is a central issue in the general methodology of project and real estate management.
Keywords: investment and construction project, program, project portfolio, real estate object, life cycle, life cycle phase, engineering, pre-investment phase, investment phase, operational phase.
Pages: 205-213.
Link for citation: Tarkhanova, N. A.; Tymoshko, A. A.; Zuyev, A. V. Features of the Life Cycle of Investment and Construction Projects and Real Estate Objects: Theory and Practice Analysis. – Text : electronic. – In: Economics of Civil Engineering and Municipal Economy. – 2023. – Vol. 19, N 4. – Р. 205-213. – URL: https://donnasa.ru/publish_house/journals/esgh/2023-4/st_06_tarkhanova_tymoshko_zuyev.pdf (date of access: 01.09.2024). (in Russian)
Vol. 19, N 4 (2023)Journal: Economics of Civil Engineering and Municipal Economy
Publish house: Donbas National Academy of Civil Engineering and Architecture