Defining the directions for the impact of administrative management tools on the project management system

Abstract

The object of this study is project management under the changing conditions of the modern economy. The way the top management of the company affects the implementation of projects in various sectors and branches of production is an issue related to business development in general. An increasing number of enterprises use project tools to adjust production processes. To this end, in particular, it is advisable to use administrative management tools against the background of its improvement at the level of the company's management. The logic of this study construction implies an emphasis on theoretical and experimental components. The theoretical foundations of the study include the identification of administrative management tools. The coverage of the experimental part is devoted to multifactorial regression analysis (the coefficient of determination is 0.715) of the influence of administrative management factors on the effectiveness of projects based on construction excavations. The interpretation of the research data confirms that the administrative management toolkit could be optimally used to establish high-quality project management. Based on the study of aspects of the relationship between administrative management and project management, the definition of administrative management and the project management system at modern enterprises is proposed. The study concluded that it is necessary to use those levers that are common in companies of industrialized countries of the world. Europe's experience will be useful in spreading the practice of project management in enterprises of countries with transition economies. The results of the research could be used at enterprises of various sectors of industry, agriculture, and the service domain, in particular at construction enterprises that were chosen as the object of research