Abstract

Methodical bases for performance evaluation of the road construction company which is carrying out highway construction are based on integrated indicator calculation. This indicator considers interrelation of various internal and external environment factors. These factors are subdivided into three main groups by the authors: organizational and technological factors, technical factors and financial and economic factors. The suggested method of integrated indicator calculation for performance evaluation has been tested in the Tyumen road construction company. Testing confirms an opportunity to estimate the company position and utilization flexibility of calculation in practice.

Highlights

  • One of the most important reasons of the crisis phenomena in road industry is that like the whole Russian economy, it struggles to face a difficult reforming period

  • An insignificant part of them adapted to new management conditions, many companies have such an adaptation based on tax evasion, barter use, non-core operations

  • Performance in 2017 accounts for 88% of the potential, which corresponds to the situation of high economic stability (BS1)

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Summary

Introduction

One of the most important reasons of the crisis phenomena in road industry is that like the whole Russian economy, it struggles to face a difficult reforming period. Analysis of the economic reforms in Russia shows that many of the suggested road-building transformations haven't been carried out. Some late changes (new organizational structures; former economic ties disruption; disintegration of large regional and industrial road-building associations into small road-building companies; outdated labour management which isn't conforming to modern requirements; the developed pricing system which doesn't reflect real contractor expenses; use of outdated technologies, etc.) have produced a negative impact on a state and possibilities a road-building complex to function efficiently. The general condition of road-building companies, structural transformations, resources' provision, development of market relations ensure that overcoming a crisis situation in the road-building industry, transition to a new model of economic growth require new methodical approaches to increase their performance as primary and main element of market economy

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