Company Project Research Articles

Analytical overview of the crowdfunding and crowdlanding market in Russia

The article discusses innovative forms of attracting financing for innovative and fast-growing projects of companies, such as crowdfunding, crowdlanding. The relevance of the work is confirmed by the fact that in the context of the digital economy there is a transformation of forms of business financing. New mechanisms using digital and platform Internet technologies allow you to create new tools to attract project financing, while saving on transactional, operational, temporary and other costs. One of the tools to attract financing for business in order to implement digital economy projects is crowdfunding and one of its forms is crowdlanding. Based on this, the purpose of the work was to assess the state and prospects for the development of the crowdfunding and crowdlanding market in Russia. The author solved a number of problems to achieve this goal: a general idea of crowdfunding was given, methods of regulating investment platforms were studied, crowdfunding segments were identified, key risks of investment using investment platforms were identified, a general idea of crowdfunding was given, the trend of application and prospects for the development of peer-to-peer lending were considered (P2R), identified the advantages and disadvantages of Р2Р platforms, analyzed and displayed statistics of the most popular Russian and foreign online lending exchanges, formulated directions for the development of crowdfinancing in Russia. The research methodology is based on a set of theoretical and empirical research methods: description, comparison, analysis and synthesis of the source material with the final synthesis of the results obtained and making a single judgment. The scope of the study results is related to the subsequent formation of proposals and recommendations for the development of organizational, legal, methodological, technical, technological, economic and other measures for the use of crowdfunding and crowdlanding tools.

Online Survey Application System Design Via Telegram at the Bsa Project Surabaya Company

To improve the quality of service at BSA Project companies, it is necessary to survey how the results of the performance of BSA Project employees in serving customers, so that the results of the survey can be a company benchmark in evaluating and correcting if an error occurs. Making an Online Survey Application System Via Telegram at the BSA Project Surabaya Company which can be one of the benchmarks for companies to monitor and evaluate the performance of employees for service to customers. Supporting subjects in making this application are all employees in the Surabaya BSA Project Company. The application of the online survey application can be implemented using a php server. This online survey web application can also be connected to the telegram application, and the results can be displayed in real time. Testing the basic functions of the system that is done directly can be concluded that this application program can run as expected, then the results of the user acceptance test that has been tested on 20 employees can be known that the percentage for agreed responses is between 80% to 100 %, then the choice to disagree is between 0% to 20%, for that it can be concluded that the majority of user responses in using this application program are agreed and this application program can be well received by BSA Project Surabaya employees

The issue of managing technical project teams within European Companies

The article deals with the problem of the relationship between an employee and a project manager. The research aims to examine the employee – project manager relationship in the projects of European companies. The article consists of two main parts. The first is theoretical, the second empirical. The empirical data was collected by conducting semi-structured interviews with five project managers and five team employees.

TVR cinemas: film prioritization and negotiation during crisis

Learning outcomes Following are the learning outcomes: recognize the significance of project management as an integrated approach for managing projects in an unprecedented situation. Identify the issues related to managing contemporary projects such as shorter product life cycles, changing customer preferences and last-minute risks. Evaluate the role of sub-domains of project management such as project prioritization, project negotiation, project portfolio system, project risk assessment and management and project stakeholder management. Case overview/synopsis It is the year 2020, and the entire world is struggling to cope up with the crisis caused by the corona virus (COVID-19) pandemic. Normal life has come to a standstill. All industries have realized the significance of developing innovative strategies to move to the new normal situation. This case describes the plight of TVR Cinemas, a business vertical of Tiya Group, which caters to the business of production and distribution of Bollywood and Hollywood movies in India. With the lock-down of the Indian subcontinent, the multiplex business is badly hurt. With new norms of sanitation, social distancing, and a ‘stay home stay safe policy’ the company has to devise new ways to sustain in the market. This case invites students to put themselves in the shoes of the company project manager, Mr. Ramchandani, to provide recommendations about deciding ways to release seven pipe-lined Bollywood movie projects, deciding on the appropriate over-the-top (OTT) partner for tie-ups, and devising strategic steps to recover the reputation of the company by launching an OTT platform themselves. Complexity academic level The case is useful for introducing basics of project management along with decision making for projects in an uncertain situation. This case can be used for the students of undergraduate/postgraduate/executive level across the modules of project management/project risk management and negotiation management. Supplementary materials Teaching notes are available for educators only. Subject code CSS 9: Operations and logistics.

Value-Generating Exploratory Trials in Neurodegenerative Dementias.

Drug development for Alzheimer disease and other neurodegenerative dementias, including frontotemporal dementia, has experienced a long history of phase 2 and phase 3 clinical trials that failed to show efficacy of investigational drugs. Despite differences in clinical and behavioral characteristics, these disorders have shared pathologies and face common challenges in designing early-phase trials that are predictive of late-stage success. Here, we discuss exploratory clinical trials in neurodegenerative dementias. These are generally phase 1b or phase 2a trials that are designed to assess pharmacologic effects and rely on biomarker outcomes, with shorter treatment durations and fewer patients than traditional phase 2 studies. Exploratory trials can establish go/no-go decision points, support proof of concept and dose selection, and terminate drugs that fail to show target engagement with suitable exposure and acceptable safety profiles. Early failure saves valuable resources including opportunity costs. This is especially important for programs in academia and small biotechnology companies but may be applied to high-risk projects in large pharmaceutical companies to achieve proof of concept more rapidly at lower costs than traditional approaches. Exploratory studies in a staged clinical development program may provide promising data to warrant the substantial resources needed to advance compounds through late-stage development. To optimize the design and application of exploratory trials, the Alzheimer's Drug Discovery Foundation and the Association for Frontotemporal Degeneration convened an advisory panel to provide recommendations on outcome measures and statistical considerations for these types of studies and study designs that can improve efficiency in clinical development.

ANALYSIS AND PRIORITIZING RISK MINIMIZING TECHNIQUES OF IT PROJECTS

This article is devoted to the risk analysis of IT projects. The article defines the risks of IT projects, classifies the key risks of IT projects and identifies the main sources of risks of IT projects. The analysis of risks of IT projects at introduction of information management system in realization of projects of the company is also presented. The possibility of risks of IT projects during the implementation of the management information system in the implementation of the company's projects is analyzed. And also the ways of minimization of occurrence of risks of IT projects at introduction of information management system in realization of projects of the company are offered. Under ideal circumstances, in modern organizations, project implementation reduces risks to zero. At the same time, in modern realities, it remains necessary to take into account risks and manage them as part of the organization when implementing projects. Nevertheless, risk minimization is effective for the dynamic growth of an organization or institution when implementing projects. The current trends in information projects in today's competitive world are fundamental and necessary for any project-oriented organization to manage risks in information outsourcing projects in an ideally complex task. Thus, this article examines the main factors that lead to the emergence of risks, based on modern scientific sources from leading researchers in the field of project management, taking into account the peculiarities of developing an optimal risk management system in an organization when implementing projects, as well as the implementation of such a system under various scenarios of projects’ implementation in organizations. A structure aimed at improving the risk management system in organizations during project implementation is also proposed. The study found that prioritization in the consideration of project risks, as well as risk factors, helps to correlate the risk of the project and the risk of the company itself. Prioritizing the response to risk factors and their strength of influence, considering the time, volume and quality of risks are of paramount importance for the dynamic growth of the organization and allow to conduct a matrix analysis of risks, and then propose ways to minimize risk.

Projects of Traditional Energy as an Instrument of Political Influence: Case of Russia

The paper is devoted to the study of traditional energy projects as an instrument of political influence in the foreign affairs. In the contemporary international politics, the importance of natural and mineral resources is actualized. These resources are not only an item of international trade in the world economy, but also it is a bargaining chip in the political bargaining between states. Approaches to the study of political influence are considered, as well as the role of traditional energy in foreign affairs is revealed. Projects of the largest resource-extraction companies in Russia are highlighted. The authors show that these projects are used by the Russian leadership as an instrument of political influence in various macro-regions of the world. Resource-extraction companies are used as geopolitical instrument to consolidate position of Russia and its allies. At the same time, the problem of searching options for "restructuring" the model of extensive extraction and export of raw materials is especially important on the way of the economy transformation into a model of integrated development. There is the pyramid of enclaves of wealth according to the fact that the Russian economy is developing between the poles of economic fragmentation and political-administrative centralization.

Quality of construction materials as an indicator of the design of railway transport facilities in Russia

The purpose of the research is to assess the global quality of project design documentation for capital construction at the preliminary stage of investment projects in the context of the properties and qualities of applied construction materials. The problem of the assessment of the quality of construction and finishing materials in the subdivisions of Russian Railways, the largest Russian company, raises fundamental issues of regulatory and methodological support during the choice of engineering solutions and reasonability grounds of investments in the construction and reconstruction of transport infrastructure facilities. According to the formal indicators for the assessment of the properties of materials in the company, the authors used a method based on a separate analysis of the regulatory and methodological support of the construction preparation process. The main quality criterion was adopted in the form of deviations in documentation by the internal examination service of the company projects due to the unreliability in the determination of the physical properties of material resources. The main tool to influence the design process is the formalization of requirements for accounting construction materials, especially innovative ones, in project design documentation. These requirements are reflected in the proposed methodology for the generation of documentation at the early stages of investment project. A retrospective analysis of the verification results of infrastructure projects in the company showed that after the introduction of uniform requirements for the applied materials and the introduction of the basic provisions of materials science in the methodological documents, a positive trend has occurred during internal verification. The decrease in the number of incorrectly determined values of the need for construction materials indicate that cost certification has become more explicit and accessible to developers. It is proved that the tool for the management of the quality of construction materials by specifying the structure of documents justifying the main design decisions is the most effective. The idea is confirmed that the greatest responsibility for the efficiency of the applied material resources falls on the early stages of project development. The efforts made by the Company in this direction lead to positive changes.

Shakespeare and Company Project

Shakespeare and Company Project

Robust Capacity Planning for Project Management

We consider a significant problem that arises in the planning of many projects. Project companies often use outsourced providers that require capacity reservations that must be contracted before task durations are realized. We model these decisions for a company that, given partially characterized distributional information, assumes the worst-case distribution for task durations. Once task durations are realized, the project company makes decisions about fast tracking and outsourced crashing, to minimize the total capacity reservation, fast tracking, crashing, and makespan penalty costs. We model the company’s objective using the target-based measure of minimizing an underperformance riskiness index. We allow for correlation in task performance, and for piecewise linear costs of crashing and makespan penalties. An optimal solution of the discrete, nonlinear model is possible for small to medium size projects. We compare the performance of our model against the best available benchmarks from the robust optimization literature, and show that it provides lower risk and greater robustness to distributional information. Our work thus enables more effective risk minimization in projects, and provides insights about how to make more robust capacity reservation decisions. Summary of Contribution: This work studies a financially significant planning problem that arises in project management. Companies that face uncertainties in project execution may need to reserve capacity with outsourced providers. Given that decision, they further need to plan their operational decisions to protect against a bad outcome. We model and solve this problem via adjustable distributionally robust optimization. While this problem involves two-stage decision making, which is computationally challenging in general, we develop a computationally efficient algorithm to find the exact optimal solution for instances of practical size.

Assessment of factors affecting the development and implementation of investment projects in the Russian Federation Arctic Zone

The article gives reasons for dividing strategic goals of Arctic Zone socioeconomic development into levels. The first level includes major mid-term goals until 2035, the second one strategic vectors of development or condition goals, and the third one programme goals, including the government programme “Socioeconomic Development of the Russian Federation Arctic Zone”. This hierarchy of goals is based upon a systemic, comprehensive, and programme-goal methodological approach and an analysis of regulatory documents applicable to socioeconomic development of and investment activities in the Russian Federation Arctic Zone. Therefore, any government programme, including the Socioeconomic Development of the Russian Federation Arctic Zone is aimed at achieving major strategic development goals and based on successful implementation of investment projects. The authors have therefore developed and tested a method to assess the importance of factors affecting implementation opportunities and threats (risks) of an investment project. The article contains an assessment of opportunities and threats (risks) caused by small-scale and large-scale external factors and internal factors affecting successful implementation of a company project in the Russian Federation Arctic Zone.

Analysis and generalization of experience in the implementation of engineering services in the implementation of investment and construction projects in Kiev

The article analyzes and summarizes the experience of providing engineering services, namely, customer service in the implementation of investment and construction projects in Kiev. As practical experience shows, most customers tend to have their own customer service in their structure, and despite its presence, the overwhelming majority of them are not satisfied with the results. «Сompany Basis» has conducted a significant number of audits of already implemented investment and construction projects for such companies as Intergalbud, Kievgorstroy, Geos, Brocard and many other companies and private customers. As a result of data analysis, similar problems and difficulties were identified.
 The main problems are that quite often, in such structures, the attitude to the organization and control of processes is quite nominal. That is, as a rule, there is an algorithm of interaction of all employees, but it is not always followed.
 At the same time, company executives most often approach such an algorithm from the standpoint. First, they believe that once such a description of all procedures is available, then everyone, of course, performs it. But there is no verification of how exactly employees follow this algorithm. The second option – managers do not take into account the existence of such a mechanism, and when managing the company are guided by the methods to which they are accustomed. And it happens that they try to keep all the details under personal control, even the least important ones. As a result, the manager is very busy, and the expected result is absent.
 So what needs to be done? It is necessary to develop a clear and understandable road map that takes into account all the nuances of a particular construction project. In the future, implement it in the company's milestones. And in the future to control that all carried out it. If any of the nuances of those. Or other reasons are not taken into account, add it to the existing algorithm and update it as follows.
 At the same time, there is an understanding that not all employees are ready to unquestioningly adhere to it because everyone has their own experience and is guided by it. For example, it may turn out that the cumulative statement of the volume of work performed is not kept. Either the executive documentation is not kept in the number of copies or not in the form required for delivery and further operation of the object.
 Thus, it becomes quite clear that a new approach is needed to solve the existing problem. Such a tool is the customer service of the second level, which includes the development of a clear and understandable roadmap, implementation and control of its implementation at all stages of the project.

Promising Extracellular Vesicle-Based Vaccines against Viruses, Including SARS-CoV-2.

Extracellular vesicles (EVs) are secreted from almost all human cells and mediate intercellular communication by transferring heterogeneous molecules (i.e., DNA, RNAs, proteins, and lipids). In this way, EVs participate in various biological processes, including immune responses. Viruses can hijack EV biogenesis systems for their dissemination, while EVs from infected cells can transfer viral proteins to uninfected cells and to immune cells in order to mask the infection or to trigger a response. Several studies have highlighted the role of native or engineered EVs in the induction of B cell and CD8(+) T cell reactions against viral proteins, strongly suggesting these antigen-presenting EVs as a novel strategy for vaccine design, including the emerging COVID-19. EV-based vaccines overcome some limitations of conventional vaccines and introduce novel unique characteristics useful in vaccine design, including higher bio-safety and efficiency as antigen-presenting systems and as adjuvants. Here, we review the state-of-the-art for antiviral EV-based vaccines, including the ongoing projects of some biotech companies in the development of EV-based vaccines for SARS-CoV-2. Finally, we discuss the limits for further development of this promising class of therapeutic agents.

Extended bipolar fuzzy EDAS approach for multi-criteria group decision-making process

In this paper, we apply evaluation based on distance from average solution (EDAS) approach to multiple criteria group decision-making (MCGDM) with bipolar fuzzy numbers (BFNs). We reconsider the notion of BFNs and propose its corresponding operational rules, score and accuracy functions. Further, we introduce two aggregation operators and develop an MCGDM approach based on conventional EDAS model with overall BFNs. The proposed technique is valid and accurate for considering the conflicting attributes. We analyse the proposed method by considering a numerical example for the selection of road construction company project to show the effectiveness of the developed approach. At last, we compare the developed systems with some existing operators to deliver its efficiency.

Recruiting for luxury: Case studies of luxury hotel brands and their co-operative activities for recruiting

ABSTRACT This article shows success criteria for joint HR projects of hotel companies and universities for recruiting and retention management. Influenced by demographic developments and a changed preference system, employer branding and recruitment are gaining importance, so that joint structures represent a solution-oriented instrument for responding to market developments in a strategically innovative way. The typology matrix with ten different co-operation models, the “factor phase model” for the definition of development processes and the ASP Trialogue are used as reference models. This results in the three success factors of privileged educational partnerships — attractiveness, safety and personality — with which co-operation models generate sustainable economic advantages, so that education is interpreted as the core brand of an attractive employer.

Управління розробкою проєктів продуктових ІТ-компаній на платформах імітаційного моделювання

The article is aimed at disclosing the possibilities of using the simulation modeling apparatus in the management of the development of projects of product IT companies. Based on the analysis of a number of literary sources, an overview of research in the field of IT project management is carried out and the existing status of application of the simulation instrumentarium in the solution of applied tasks is described. The compliance of simulation technologies with the special requirements of the tasks inherent in the processes of software products development is substantiated. According to the life cycle of software creation, a brief characterization of the typical stages of project promotion is provided. A simulation model is proposed that reproduces the dynamics of the deployment of product projects of IT companies. The model is built using a hybrid approach – a combination of discrete-event and agent-based methodologies – on the software platform for multi-platform simulation AnyLogic. The discrete-event approach provides a high degree of detail of the processes being modeled. The agent-based approach allows to define the project as a dynamic unit with specific properties, which makes it possible to take into account the peculiarities of products ordered by consumers – clients of an IT firm. The model’s work is demonstrated by the results of standard and optimization simulation experiments implemented on conditional data of an average product IT company. These situations prove the possibility of using the model as a platform for making managerial decisions by the head of the product project development team. The model is presented as a simulator with the modular, open architecture and parametric adjustment for specific conditions of experiments. It may be recommended for product IT companies to practice management of the projects of software development.

The differential practices of project management offices for supporting new product development in high-tech companies

The article, through presenting a company's project management office (PMO), argues about practices a PMO must establish for supporting new product development (NPD) in high-technology companies. A holistic case-study was performed where data gathered comes from interviews, direct and participant observation, and document analysis. The practices identified differ from the current literature about the PMO functions. The whole set of functions performed by the described PMO responds to specific processes an NPD project asks for. It begins monitoring, analysing, and systematising product requirements to develop project schedules. During project execution, it supports configuration management through engineering change management. When prototyping, it carries on provisions of the necessary materials and subcontracted processes for assembling and testing. These PMO functions are compared to the current PMO literature. It is suggested that the functions undertaken by the PMO can enhance the theoretical options for structuring PMOs in NPD-based companies avoiding mimicry dysfunctions.

The differential practices of project management offices for supporting new product development in high-tech companies

The article, through presenting a company's project management office (PMO), argues about practices a PMO must establish for supporting new product development (NPD) in high-technology companies. A holistic case-study was performed where data gathered comes from interviews, direct and participant observation, and document analysis. The practices identified differ from the current literature about the PMO functions. The whole set of functions performed by the described PMO responds to specific processes an NPD project asks for. It begins monitoring, analysing, and systematising product requirements to develop project schedules. During project execution, it supports configuration management through engineering change management. When prototyping, it carries on provisions of the necessary materials and subcontracted processes for assembling and testing. These PMO functions are compared to the current PMO literature. It is suggested that the functions undertaken by the PMO can enhance the theoretical options for structuring PMOs in NPD-based companies avoiding mimicry dysfunctions.

Model for Optimizing Investments in the Vehicle in the LTL Sector

The development of new logistics technologies for the transportation of packaged goods is associated with the appearance of large transport and logistics companies on the market. Such companies operate in different geographical markets and use different rolling stock. The article considers the problem of investments in vehicles with a given structure of served cargo flows. Investment projects in network logistics companies are characterized by many options for promising technology for using various vehicles. The main goal when choosing a solution is to optimize investments in the face of restrictions on material and financial resources, productivity, commercial and technological suitability of rolling stock. An optimization model of choosing the structure of investments in the transport park under various conditions and freight flows is presented. The model is a graph, along the arcs of which is a bankroll. Each unit of cash flow corresponds to two parameters - the freight carried and the income received. An original interpretation of the indicated parameters is given in order to formalize the technological parameters of transport in the functionality and limitations. The model can set transportation plans for regions and modes of transport, as well as restrictions on cash flows, technical and commercial suitability of rolling stock. The criterion is the maximum income when fulfilling the restrictions. The model is implemented for three regional divisions of a logistics company and three types of relatively interchangeable types of transport units - covered wagons, containers and cars. The results are presented.

Translating organisational strategies to projects using balanced scorecard and AHP: a case study

Organisations need to link portfolio of projects to business strategy to optimise organisational benefits, and make sure their business will survive in competitive environments. This research aims to define the benefit of using mix approaches to integrate organisational strategies with their portfolio of projects for project-based companies. This paper illustrates how the use of mix approaches of project portfolio management (PPM), balanced scorecard (BSC), and analytic hierarchy process (AHP) can increase organisational performance and effectiveness in a real life case company. An effective PPM conceptual model is proposed to illustrate the overall roadmap from organisational strategy to projects. Further, a portfolio strategy map is developed to visualise the cause and effect connection between portfolios and other strategic objectives using BSC approach. Finally, this study defines a portfolio selection criteria procedure using AHP to evaluate and select the right projects. Four workshops of project experts were convened, and several case study projects were considered to facilitate the success of the portfolios thereby adding value to the company.