Abstract
Project activity at present is an integral part of almost any business throughout the life cycle of new products or services. Under conditions of high market competition for small and medium-sized businesses, control over current and planned projects should be especial-ly accurate. In portfolio projects management companies need a tool to determine success-fulness of the current project and investment attractiveness of planned projects. The paper suggests an approach to formation of evaluation model of the project successfulness using measures of project effectiveness as such a tool.
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