The article examines the methodological aspects of constructing the multiplicative factorial analytical economic models that allow to systematically study the influence of the analyzed factors on the change in the total, including the material costs in the production (sale) of construction products, to identify negative trends and potential problems in the activities of the construction organizations. To implement the proper quality of constructing a complex of multiplicative factorial analytical economic models for the corporate cost management purposes in the construction industry, the requirements excluding the formal methods for constructing the models have been identified. When constructing the multiplicative factorial economic models, the expansion method, which reflects the fulfillment of the requirements established during the study for the development of such models, was used. Resulting the signs in the developed complex of multiplicative factorial economic models for the purposes of corporate cost management suggest the total costs of production (sale) of the construction products; production costs using the new (innovative) building materials; the specific total costs of production using the new (innovative) building materials, calculated per unit of the manufactured (sold) products in kind using the new (innovative) building materials; the specific total costs of the construction products manufacturing (sales) using the new (innovative) building materials as a part of the total production costs (sales) of the construction products; the material costs of the construction products manufactured using the new (innovative) building materials; specific material costs of products using the new (innovative) building materials in the total volume of production in physical terms by the construction organization (structural unit, construction project, separate type of work). The recommended set of multiplicative analytical economic models is aimed at developing the potential of economic analysis factor based on improving the information analytical database quality on the degree of the analyzed factors’ impact on the cost changes for the purpose of making the successful managerial decisions in the system of corporate cost management in construction
In the article the methodological approach towards the assessment of competitiveness of organizations and their construction products, which allows to increase the efficiency of management of the competitiveness process of the construction organizations, is substantiated. The authors propose the methodological approach towards the validation of the quantitative assessment of the competitiveness potential of the organizations. The approaches are based on the criteria of optimality, mitigation of risks of losing the potential for increasing the competitive advantages of the organization and mitigation of the payback period of the investments, targeted at the formation of the potential of the internal environment with the aim of developing the competitive advantage. This proposal allows increasing the quality of the analysis and the assessment of the potential of the internal environment of the organizations and carrying out the result-oriented diagnostics, collection, processing, analysis and assessment of the necessary information in order to select the directions for the development of the entrepreneurial potential of the internal environment of the organization.
The article describes a methodical approach to the development of modeling tools to improve the factor analysis quality and assess the innovations using effect on the economic performance of the building contractors. To solve this problem, the innovation process management methodological principles determining the requirements for modeling and the factor models development for the purpose of analyzing and evaluating the impact of innovations, including innovative materials, on the efficiency of construction organizations, were substantiated. The key criterial parameters of the comparative evaluation were identified and structured during the study, characterizing the innovation impact, including the innovative building materials, on the construction organizations performance. This allowed to form an information and analytical database for the factor models development, which allow the system to identify the studied factors influence on the construction organizations final results. At the factor models development, the type of multiplicative models was used. In the developing analytical factor models process, a method for constructing deterministic factor models was implemented using the extension method and following the requirements for developing such models. Taking into account the compliance with these requirements, a complex of multiplicative factor models, in which the profit from the sale of innovative construction products is a productive indicator, has been developed. The developed factor models improve the quality of analysis and innovation causal relationship evaluation with the construction organizations efficiency, realizing the external and internal factors influence complex interrelation potential on the change in profits from the sale of innovative products.
The article discusses the results of the innovative concrete types application in the buildings and structures construction. A classification of effects types according to the recommended features is proposed. The methodological approaches to the cost-benefit analysis methods substantiating at the stage of assessment and implementation of a construction project by the organization using innovative constructional materials are investigated and proposed. The methodical approach of determining the profitability of the production and sale of construction products has been expanded through the approach of evaluating efficiency based on the resource and optimization methods use.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.