SUBSTANTIATION OF ECONOMIC EFFECTIVENESS OF INVESTMENT PROJECTS
DOI:
https://doi.org/10.32461/2226-3209.3.2018.178837Abstract
Abstract. In article results of scientific research of a complex estimation of economic efficiency of investment projects are submitted. The basic theoretical positions and methodological principles which realization allows to generate a structural control system of investment process at the enterprise are established and to construct economic-mathematical model of his realization. Development of theoretical-methodological base of realization of a complex estimation of economic efficiency of investment projects is reached on the basis of realization of the put forward hypothesis about dependence of the investment decision not only on economic efficiency of investments, but also on an
economic condition of the managing subject. In research substantive provisions of the theory of systems and also general scientific methods of the analysis and synthesis for the qualitative and quantitative description of a complex estimation of economic efficiency of investment projects are used. For realization of a complex estimation of economic efficiency of investment projects it is offered to establish dependence between economic efficiency of investments and an economic condition of the managing subject. The economic condition of the managing subject is recommended to describe parameters which joint consideration forms corresponding cluster or a hypercube of values in which positioning the enterprise and definition of his real and perspective position, and also construction of a trajectory of
strategic development is carried out. The structural system generated on considered methodological principles has allowed to develop its basic elements and to construct economic-mathematical model of a complex estimation of economic efficiency of investment projects. The received results of scientific research in the field of a complex estimation of economic efficiency of investment projects essentially expand theoretical positions and methodological approaches of investment activity of the enterprise. Practical use of the received results of scientific research will allow making the effective investment deci-
sions providing achievement by the managing subject of the required economic condition and realization of a trajectory chosen him of strategic development.
Keywords: investment project, economic efficiency, methodological principles, model, hypercube, cluster
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