Management of sustainable economic potential of construction enterprise

Abstract

Construction is a leading industry sector of the Russian national economy, which is essential for the expansion of fixed assets, the structural restructuring of the economy, and the development of human well-being. The main feature of the construction industry is the variety of organizational and economic forms of the construction production process, a large number of participants with various functional goals and objectives, and the significant dependence of the construction production process on natural conditions. The economic potential, possessed by construction enterprises, should be used effectively. This is the main task of management. At the same time, the use of economic potential is fraught with risks. Their identification is included in the scope of economic analysis. To assess the risks in the use of economic potential, it is subdivided into resource, production and financial. Each of them has its own system of indicators. As a risk assessment method, a statistical one based on the calculation of the coefficient of variation was chosen. The values of the coefficients of variation help to determine the risk zone: allowed, critical or catastrophic. The identification of risk zones is the purpose of this article. Obtaining information on the risk category contributes making management decisions.

Assessment of innovation risks in the context of sustainable development

“…This method is used for a preliminary assessment of project risk, before developing a business plan. The paper is devoted to qualitative risk assessment [18].…”

Economic and Mathematical Modeling of the Integration Impact of Modernization on Increasing the Enterprise Competitiveness

“…In the article (Kleshchov et al, 2020), problematic issues of assessing potential and improving energy efficiency in mining enterprises are considered. The authors (Sychev et al, 2020) of the article argue that to assess the risks of using economic potential, it is divided into resource, production and financial. As a method of risk assessment, scientists have chosen a statistical method based on the calculation of the coefficient of variation.…”