FACTOR ANALYSIS OF ENSURING THE COMPETITIVENESS OF CONSTRUCTION ENTERPRISES IN THE CONDITIONS OF NEW CHALLENGES

Abstract

The construction industry in the conditions of martial law and post-war reconstruction will have a decisive influence on ensuring the development of economic systems. The development of the construction industry should become a multiplier for the development of the economy. Therefore, an important aspect considered in the article is the definition of influencing factors on ensuring the competitiveness of construction enterprises in the conditions of new global challenges. The purpose of the study is to determine the factors influencing the formation of the competitiveness of construction enterprises to ensure the effectiveness of the effects on the development of the economy in the conditions of martial law and post-war reconstruction. The article defines the role of the construction industry in the development of the economy, analyzes trends in the development of the construction industry, determines the influencing factors on ensuring the competitiveness of construction enterprises and the resulting indicators of competitiveness, develops recommendations for increasing the competitiveness of construction enterprises. As a result of the analysis, a cyclic scheme for implementing the mechanisms of the economic block of indicators for ensuring the competitiveness of construction enterprises was developed based on the factor analysis of indicators that affect the formation of competitiveness. Having determined the set of coefficients for the analysis of the economic group of indicators, an algorithm was developed for the implementation of conceptual approaches to the formation of a system of evaluation and monitoring of the effectiveness of the formation of competitiveness. The developed cyclic algorithm for implementing the mechanisms of the economic block of indicators for ensuring the competitiveness of construction enterprises can be applied to all groups of factors, because it is universal. Keywords: construction industry, construction enterprises, factor analysis, competitiveness of construction enterprises.