Abstract

The subject of this research is the management relations that arise in the process of reducing construction time as a branch of material production that carries out erection and reconstruction of buildings and structures for various designation. The object of this research is the construction sector as a whole; enterprises of various forms of ownership that function in the investment and construction sphere; organizational-legal forms of relations between the parties to investment and construction process; state regulation in the area of capital construction. The purpose goal of this work consists in examination of national experience in solving the key issues of managing construction period: estimation of time and allocation of resources. Detailed analysis is conducted on such aspects of the topic as the economic component of management impact upon realization of a construction project; critical factors the internal and external environment of construction process and their causes; application of mathematical methods that calculate the likelihood of external influence based on evaluation of the impact of environmental factors; innovative component in project management. The scientific novelty is define by insufficient coverage of the questions of improvement, theoretical, experimental and feasibility study of technological processes, methods and forms of construction management along with its production capacity with regards to the problems of reducing construction time. The following results were obtained: Assessment of the level of prior studies of the problem of reducing construction time for determination of promising directions for further scientific research; Description is provided to the methodology of managerial impact upon realization of a construction project, including the key factors, stages, and outcome; Demarcation the concepts of actual, estimated and normative construction time is conducted; Evaluation is given to project management pertinent to objective establishment of construction time;  The role and place of innovation component and planning in project management are revealed; Technical and technological methods for optimization of construction projects are examined; The article discusses the alternatives of reduction of time allotted for construction, as well as outlines the vectors for solution the problem of optimization of construction time.

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