Management of investment projects and the effective use of all concepts of project management of the real sector of the economy is a promising opportunity to reform all sectors of the domestic economy. Currently, project management methods are mandatory applied in the construction, metallurgy, oil, energy, gas and other industries. Management of investment and construction projects is a mandatory requirement in any programs with the participation of foreign investors. The main goal, of course, is the effective management of investment projects.
Previous studies suggest that to ensure efficiency, constant coordination of management tools, timely implementation of quality management and environmental safety of projects are necessary.
Management of investment projects in the construction industry involves identifying risks, developing ways to minimize them. It is also worth considering the stages of planning, monitoring and regulating the process and progress of the project. An important point is the formation of the project team and the distribution of functional responsibilities among its members.
In turn, the introduction of a conceptual model of quality management (abbreviated in English “QMS”) is justified by economic efficiency. This QMS model in an organization should be understood as an ISO 9001 model, which is classified as a business process and a management process in the product life cycle. Let's decipher what specifically includes the latter. We repeat that a competent project team is initially formed, within which the powers, responsibilities and functions are distributed within the project. A regular internal audit, document management, and a qualitative analysis of external and internal data are also required.
Management of investment projects includes, among other things, management of human resources and other resources of the organization. It is necessary to optimize all assets and liabilities, as well as
manage the production base and infrastructure of the enterprise. And this is just a brief summary of the necessary steps in quality management, which gives an immediate increase in efficiency during the
implementation of the project.In managing investment construction projects, environmental safety is of great importance, taking into account all possible
environmental risks and disasters. Thus, according to environmental protection requirements, environmental design is necessary during production processes.
Project management methods are diverse, but in the investment and construction sector they stipulate mandatory planning to improve the efficiency of project implementation, timely and high-quality implementation of quality management and environmental safety management.