Abstract

The article is devoted to review of authors’ model of project management while executing the strategy of sustainable regional development. The article analyses the essence of social partnership as a collaborative instrument between government, business and society, which influences on economic progress nowadays. It is concluded that improvement of relations between actors of cooperation depends on institutional framework formation as well as on effective methods of management. In this paper there is defined such a condition of economic development as technological progress, which results in resources accumulation in developed regions but intensifies the problem of regional socio-economic inequality. There is proposed and proved the model of cooperation between society and government during implementation the strategy of regional development taking into account the digitalization. Thus resistance of the strategy depends on dimension of project agreement. In this context it becomes important to include into the strategy such a factor as trust. It should be noted that in the article there are defined organization opportunities, which have to be applied during strategic planning of the project to secure sustainable competitive position of the region and business entities. There are also described the reasons for resisting of project management adoption.

Highlights

  • Social partnership, securing the balance of interests of different society groups, corresponds to efficient mean of formation and implementation the strategy of sustainable regional development

  • A number of studies [2] validate the model of organization design, planning sustainable project management and development: «Based on the literature review results, we propose a new conceptual framework linking five key dimensions of sustainable project management: corporate policies and practices, resource management, life cycle orientation, stakeholders' engagement, and organizational learning»

  • We propose that convergence is necessary, i.e. combination of the project management components in the terms of specified criteria

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Summary

Introduction

Social partnership, securing the balance of interests of different society groups, corresponds to efficient mean of formation and implementation the strategy of sustainable regional development (i.e. federal subject and municipal settlement). Business participates in the social partnership, realized for the benefit of regional development, using such instruments as public private partnership, connected with cooperation between public and private sectors, and corporate social responsibility, expected to proceed voluntary deposit into society development, including social, economic and ecological spheres. The scientific challenge of cooperation between government, business and society is not clearly understood

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