Open AccessManagement of sustainable economic potential of construction enterprise
Author(s) -
Marat Sychev,
Alsu Evstafieva,
Valery L. Pozdeev,
Iullia Chugunova
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/890/1/012115
Subject(s) - restructuring , scope (computer science) , production (economics) , business , identification (biology) , process (computing) , economic restructuring , risk management , risk analysis (engineering) , variety (cybernetics) , sustainable development , task (project management) , industrial organization , economics , economy , computer science , finance , botany , management , artificial intelligence , biology , political science , law , programming language , operating system , macroeconomics
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.