Abstract
The authors carried out the analysis of the current state of the Russian investment and construction market, theory and practice of project analysis, which made it possible to determine the specifics of housing construction projects development during the crisis and highly uncertain external and internal factors of its implementation. Urban agglomerations development is a continuous process of transformation of the existing urban environment, where daily living activities are carried out, connected with changing social requirements. It includes various components of the integrated organization of the city’s space: ecological, functional, architectural and artistic, socio-cultural aspects, as well as the organization of population activities. At the same time, taking into account the peculiarities of the city as a whole, urban development, in particular, is today the dominant task in urban planning practice. The mechanism of indicative risk assessment was used to develop the author’s matrix for the processing of specific project risks during the crisis. Values of factor risk premiums are based on it, and they are taken into account when calculating the project efficiency. The use of this methodology makes it possible to identify and assess project risks with minimum resources, correct the parameters of the project’s commercial efficiency and, taking into account the results obtained, draw a conclusion about the feasibility of further project implementation. One should choose a certain classification of environmental risks focusing on the goals and objectives of projects. This allows choosing the right methodology for assessing environmental risks at the stage of information collection and analysis, which in the future will make it possible to make the most complete and balanced decision. The use of the proposed recommendations makes it possible to take into account the impact of commercial, financial, legal, production and management risks during the crisis and, as a result, more accurately calculate the commercial efficiency of a development project.
Highlights
IntroductionMost development projects in the construction industry are related to the housing construction sector and are currently implemented in conditions of economic instability
Comparison by experts and comparable risk assessment of development projects of previous years, as well as possible emergence of new risks will provide a complete picture of possible unfavorable results during the implementation of an investment and construction project in the sector of housing construction [2,8]
Today an investment or development project means a set of documents consisting of a business plan, a feasibility study of the project, the financial model of the organization, and the concept of project implementation [13, 19]
Summary
Most development projects in the construction industry are related to the housing construction sector and are currently implemented in conditions of economic instability. It seems that this problem can be solved in one of the following traditional ways: by expanding development in breadth or developing the city upwards. - An increase in urban development upwards leads to a sharp increase in the population, but the parameters of the road network, infrastructure and the system of social facilities remain the same. This leads to a deterioration in the quality of life of people. Since ecological reconstruction is a complex comprehensive measure, it seems necessary to develop special methods and methods for managing investment and construction projects at the municipal level that will take into account their specific features
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