PROJECT MANAGEMENT OF INNOVATION-ORIENTED ORGANISATIONS IN THE CONTEXT OF FINANCIAL RISKS INSURANCE, DECENTRALISATION POLICIES AND THE SUSTAINABLE DEVELOPMENT OF A REGION

Abstract

Introduction. Differences in understanding the main sources of effect and benefits that accompany the project management processes of innovation-oriented organizations do not allow to form a single methodological approach to their assessment, which in terms of financial risk insurance, decentralization policy and sustainable development of the region needs further study. Methods. The historical-logical method is used in the article; method of systematization, classification and theoretical generalization; method of institutional analysis; method of system analysis; method of logical analysis and synthesis; method of graphical analysis. Results. The concepts, classification, attributes and functions of project of innovation-oriented organizations in the conditions of financial risks insurance, decentralization policy and the sustainable development of a region have been considered. The definition of project management by different approaches is presented. The disadvantages of classical project management method are pointed out. In particular, this approach is focused on the projects with strict constraints in the sequence of tasks. The author concludes that project management in innovation-oriented organizations under conditions of financial risks insurance, decentralization policy and the sustainable development of a region in commercial and non-commercial sectors has some differences, and they were analysed. The characteristic of modern methods of project management is presented: Scrum, Agile, Lean, Kanban, six Sigmas, and PRINCE2. Their essence, advantages and disadvantages, features of implementation and usage are given. Discussion. The summarized that there is no universal methodology for project management of innovation-oriented organizations, they need to be combined and changed according to the requirements of the organization, team, customer and project. The stages of project activities of non-profit organisations are analysed. The differences between project management in the commercial and non-commercial sectors are identified. The principles of sustainability in project management of innovation-oriented organizations are presented. The critical need to ensure sustainability of projects at all levels and in any environment in the context of financial risks insurance, decentralisation policy and the sustainable development of a region has been substantiated.