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Objectives The aim of the study is to apply a systemic approach to the development of organisational forms and management methods of participants of the investment process in the construction industry. Methods The research method was based on theoretical study, analytical generalisation and systematisation of normative and legislative bases, conceptual provisions and established practice of organising the interaction of participants in the investment process in construction. Systemic and situational approaches, statistical analysis and the method of graphic images were used in the research. Results The current legislative support of investment activity in construction was analytically generalised. The contemporary forms of organisational-economic interaction between the main participants in the sphere of investment relations in construction were investigated and features of their inclusion in the investment process were disclosed. A development form for the mechanism is proposed that allows the interests of all participants of the investment process in construction to be realised without harming the customer, contractor or investor, resulting in a synergetic effect. The functional role of the state in maintaining control over the implementation of investment projects in construction is stipulated. Effective forms and methods of implementing the organisational and economic mechanism for interaction between participants of the investment process in construction are disclosed, providing solutions to key issues in the investment and construction sectors, focused on the development and promotion of alternative options for investment and project solutions, the management of corporate resources and the organisation of financing investments in construction. Conclusion The systemic approach to the management of participants of the investment process in construction will make it possible to realise the needs of the investment-construction complex in highly effective forms of organisation and methods for implementing the investment projects. To overcome existing contradictions, characteristic for investment processes, it is necessary to develop and implement incentive measures that unite the interests of all participants in the construction process.

SYSTEMIC APPROACH TO INTERACTION MANAGEMENT OF PARTICIPANTS OF THE INVESTMENT PROCESS IN CONSTRUCTION