Implementation Of Development Projects Research Articles

DEFINING COMPONENTS OF THE METHODOLOGICAL PLATFORM FOR FORMING A BUSINESS PORTFOLIO OF A COMPANY IN THE UPDATED FORMAT OF MODERN DEVELOPMENT

The article is devoted to the analysis of the economic and operational imperatives of forming a business portfolio for a development company in the construction sector. A successful business portfolio management strategy requires the integration of financial, organizational, and technological aspects to ensure the sustainability and competitiveness of the business. In modern conditions, real estate development is one of the key factors that determines the dynamics of enterprise development, as it includes a comprehensive approach to asset management, from planning and financing to the construction and operation of objects. The theoretical and methodological foundations of the genesis of development at the current stage of the construction market's evolution have been analyzed.The methodological platform for forming a business portfolio should be based on the principles of rational resource management, risk analysis, and technological optimization. Changes in development activities require the active use of digital tools and a comprehensive approach to managing residential, commercial, and industrial properties, which allows for the maximization of profitability and minimization of risks.The article discusses the main stages of portfolio formation, such as strategic planning, selection of investment objects, and their integration into the overall structure of the enterprise. An economic and mathematical formalization of the process is also provided. For the successful operation of a development company, it is crucial to ensure coordinated work at all stages of the project — from planning and financing to construction and commissioning of the facilities.Particular attention is paid to the methods of economic and mathematical modelling (EMM) and quantitative risk analysis, which have become the basis for the development of the latest asset management strategies. The study analyses 35 different techniques. Each methodology offers unique tools for the effective management of development projects that allow forecasting financial flows, determining optimal investment strategies, and building the best plans for the development of a real estate portfolio. The specific methods used to value residential, commercial and industrial real estate are also discussed, taking into account their different levels of risk and return.It is important to note that the updated methodological platform is suitable for adaptation to the latest technologies and digital tools. This includes the introduction of a project management system, the use of artificial intelligence technologies to analyse large amounts of data, and the use of analytical tools to predict market trends. This approach helps to optimise asset management in a changing market environment. The analysis of the main components of the business portfolio formation platform also showed that important factors for the successful implementation of development projects are the speed of response to market changes, flexibility of management decisions, and the ability to minimise risks at all stages of the project.

DECISION-MAKING OF DEVELOPERS IN THE IMPLEMENTATION OF RESIDENTIAL DEVELOPMENT PROJECTS IN THE CZECH REPUBLIC ENVIRONMENT

The research was conducted with the aim of analyzing the aspects that enter into the decision-making process of developers in the field of residential construction in the Czech Republic. To ensure the representativeness of a diverse range of companies active in the real estate market, a suitable group of respondents was carefully selected. The survey provided a sufficiently representative sample, based on which the key factors influencing the decision-making in the implementation of development projects were identified. The research found that developers primarily focus on seeking profitable opportunities, and their decision-making process is predominantly aimed at achieving financial gain. In this decision-making, they also consider other factors, such as mortgage interest rates, the quality of newly built homes with an emphasis on energy efficiency, and the use of modern technologies.

Assessing Approaches to Strengthen Monitoring and Evaluation in Development Projects: Evidence from Donor-Funded Projects in Machakos County, Kenya

Monitoring and Evaluation improves the quality of programme or project management since it provides information on how results namely outcomes, outputs and impact are achieved and assesses the effectiveness, relevance, coherence, efficiency, impact and sustainability of specific development interventions. The objectives of the study were to examine the influence of participatory monitoring and evaluation among development project teams in Machakos County and to assess the influence of M & E as a learning tool on implementation of development projects in Machakos County, Kenya. The study was guided by the Theory of Change which describes how particular interventions or sets of interventions lead to specific changes. The target population of this study was 102 programme staff implementing donor-funded projects. A census was done and therefore the target group formed the sample for the study. Primary data sources used were key informant interviews and a survey questionnaire. Quantitative data was analyzed in SPSS Version 28 and qualitative data was thematically analyzed. According to the survey results, 58.2% agreed that the involvement of all relevant project stakeholders during the preliminary stages of project design strengthens M&E. The survey results showed that 49.45% of the respondents agreed that project planning reflected the various community needs and supported decision-making processes during project implementation. A majority (58.23%) agreed that feedback from various stakeholders was often incorporated and used to strengthen the delivery of various project activities informant interviews. Majority of the survey respondents (72%) indicated that learning is integral to ensuring M&E is effective and project teams can learn immensely from M & E. A majority (71%) agreed that project teams feared participating in M&E activities due to fear that it could be used against them. The findings show that the involvement of stakeholders in project design and implementation directly influenced successful project M & E. The study recommended involving relevant parties and stakeholders in a project since this influences its implementation and M & E among donor-funded development projects. Project managers need to put in place incentives for project teams to learn not just for reporting to funding agencies but for the benefit of internal learning among project teams.

Approaches to the Effectiveness Assessment of Territorial Development from the Perspective of ESG-Principles

Municipal territorial management is a classic mechanism of territorial administration, which involves the nomenclature operation of existing engineering and social infrastructure facilities located in a certain area of the municipality. Such a mechanism for managing territories is characterized by relatively low economic returns, due to the limited resources of the administrative apparatus of the municipality and the complexity of the proprietary property structure of the administered territories. These factors together form a situation where municipal authorities provide the process of managing territories with standard measures to maintain urban infrastructure in a functional state, with the priority of stabilizing the socio-economic situation in the territory of the municipality. To optimize the territorial management system at the present stage of development of management mechanisms of territorial administration, comprehensive systems for assessing the development of municipalities are used, a striking example is the urban environment quality index. However, this indicator can also be used to assess the predisposition of municipal territories for the implementation of development projects based on taking into account energy stability, the natural environment and the market situation within a particular city. The article describes a conceptual model for supplementing and improving the existing system for assessing the urban environment in the form of the urban environment quality index, developed by the Ministry of Construction of the Russian Federation. The purpose of the proposed mechanism for modernizing the system is to determine indicators of the stability and potential of the energy system of the municipalities under consideration, as well as their integration into the system for assessing the quality index of the urban environment from the perspective of development design, as well as assessing the development potential of the territory based on ESG-principles.

Community Participation in Community Secondary School Construction Projects in Kibaha District Council, Tanzania

The centrality of participatory practices in recording development objectives is widely acknowledged. However, limited information exists on the factors that motivate community participation in the construction of community secondary schools. This article mends the said gap by exploring the factors that motivate community participation in community secondary school construction in Kibaha, Tanzania. The study utilised a descriptive research design, garnering primary data through 118 household surveys and 2 key informant interviews. The study also collected data through documentary reviews meant to triangulate the data gathered through interviews to deepen discussions and check primary data. Quantitative data analysis was conducted using IBM SPSS Statistics software with simple frequency analyses presented in tables and discussed descriptively. Atlas ti was used to process qualitative data that eventually underwent content analysis and descriptive discussion. The study unveils that community participation in community secondary school construction is positively impacted by accumulated knowledge on participation, community secondary school benefits, transparency on income and expenditure, quality leadership, decentralisation of decision-making at low levels of governance, and local people empowerment. Conversely, the absence of these motivating factors has negative motivational effects on community participation in such projects. Hence, it is imperative to make concerted efforts to reinforce the positive motivational factors. These efforts should include enhancing community awareness of participation, empowering community members to actively participate, fostering a culture of good governance, particularly in matters of financial transparency, and involving the community in decision-making throughout the implementation of development projects. Furthermore, clear explanations of the benefits accruing to communities from the construction of community secondary schools are essential.

Faktor-Faktor yang Mempengaruhi Kepatuhan Wajib Pajak Orang Pribadi di Kota Jambi

Currently, taxes are the main source of funding for the Indonesian government. In reality, tax sector revenues represent only a small portion of total revenues. In order for the government to implement development projects in Indonesia, taxpayers must pay their taxes on time. The aim of this research is to determine the variables that influence individual taxpayer compliance in Jambi City. This research uses multiple linear regression analysis as data analysis. The results of the research show that simultaneously and partially individual taxpayer compliance is influenced by tax amnesty, tax sanctions, and tax knowledge in Jambi City

The Impact of Water Abstraction on River Mutonga Discharge Over the Last 30 Years

The declining water levels among rivers flowing through Tharaka Nithi County have been a major concern in the region for the last 30 years. The decline has adversely affected environmental sustainability, water resources, agriculture and the ecosystem. Understanding the relationship between rivers, change of climate and human activities are essential challenging areas. The research aimed to assess the impact of changed rainfall pattern and amount to the declining water levels in Mutonga River over years from 1990 to 2020 and it contribution to the changing water levels in river Mutonga. An exploratory survey and a correlational study were used to compile the data for this analysis. Three regional NEMA officials and three regional water resources authority officials were also surveyed, along with 270 residents in the River Mutonga area. The samples were based on 30% as per Mugenda Mugenda samples analysis. The rainfall and temperature data was acquired from the regional meteorological department based in Embu town. Data on river discharge was acquired from regional water resource authority (WRA) based in Meru town. The result may also recommend suitable practices for management of water resources and come up with disaster control measures in water sector. The local community may also benefit from the study by getting the right information on better methods of conserving water resources, the findings and recommendations from the study may be used as basis for future research related to this study. From the findings, results show that river Mutonga flows has been decreasing over the last 30 years, water abstraction trend has been rising over the entire period in three decades causing a tremendous decline in river discharge. climatic changes have been noted in the region with rainfall amount dropping significantly and temperatures increasing, this has led to decline of the river discharge due reduced rainwater adding to the rivers and increased evaporation rates which leads to loss of water from rivers to the atmosphere. The result from the research may be used to enlighten the County Government of Tharaka Nithi, in making decision, especially in development projects implementation and in the strategic plans of the County Government.

Ethno-Cultural Associations as Shadow States: The Case of Ijebu Province in Western Nigeria, 1900-1960

Extant scholarly works on ethno-cultural associations (ECAs) have done little to provide a robust historical perspective on their roles in community development of British colonies in continental Africa. Thus, this paper is an attempt to fill the gap in the body of knowledge on ethno-cultural associations in colonial Africa with specific reference to Ijebu province in Western Nigeria. The study is aimed at providing a critical historical discourse on the social, economic and political roles of ethno-cultural associations in colonial Ijebu province of Western Nigeria. The study utilises primary and secondary sources. While archival materials and oral interviews provide the primary data in this discourse, books, journal articles and newspaper reports are explored as secondary data. The study found out that the efforts made by the ECAs through several strategies in colonial Ijebuland brought about meaningful development at the community level. We also found out that the ECAs represented indigenous organizational structures developed by the Ijebu people and functioned as community-wide forums for problem identification and prioritization, social and financial resource mobilization and development project implementation at the community level in colonial Ijebu province of Western Nigeria. The study concludes among other things that the ECAs were more or less shadow states and that their efforts must be seen against the background of the failure of the colonial state and the Ijebu Native Administration between 1900 and 1960.

ДЕВЕЛОПЕРСЬКА ДІЯЛЬНІСТЬ В УКРАЇНІ: ОЧІКУВАННЯ ЗАЦІКАВЛЕНИХ СТОРІН З ВРАХУВАННЯМ ВПЛИВУ ЗМІН ЗОВНІШНЬОГО СЕРЕДОВИЩА

The article is devoted to researching the expectations of interested parties who are involved in the process of development and implementation of development projects (developers, investors, construction companies, buyers) in the modern conditions of the functioning of the economy of Ukraine, taking into account changes in the external environment. The implementation of development projects is a complex process that, on the one hand, affects the satisfaction of the interests of many interested parties, including development companies, investors, developers and real estate buyers, and on the other hand, depends on the reactions of the specified process participants to the current situation, and their expectations. The actual trends of recent years in the construction industry and the real estate market of Ukraine have been analyzed, and it has been established that the conditions in which companies related to the implementation of development projects operate are characterized by a significant degree of uncertainty. It was established that after the crisis of the beginning of 2022, there was a certain improvement in the situation, which was facilitated by the opening of access to the renewal of the possibility to sell housing by proxy, the simplification of the procedure for the coordination of projects with state bodies, the development and start of work of the affordable subsidized mortgage program, the adoption of a draft law on support for borrowers. Gradually, the work of most of the sales departments of developers, which were closed after the start of the war, resumed, business activity in construction revived, developers began to revise their plans taking into account new realities. However, despite the stabilization of the situation, the results of 2022 were disappointing. It was revealed that during the first half of 2023 there were trends to improve the situation. At the same time, external instability does not allow us to assert with sufficient reliability that these trends are stable and long-term. It has been proven that when forecasting the further development of development activities, the expectations of interested parties should be taken into account, because they are guided by them and make decisions capable of influencing the results of development activities. That's why the expectations of interested parties involved in the development activity were analyzed.

Role of Local and External Development Agencies in the Implementation of Development Projects within the Context of Conflict and Insecurity: Case of the Southwest Region of Cameroon

Role of Local and External Development Agencies in the Implementation of Development Projects within the Context of Conflict and Insecurity: Case of the Southwest Region of Cameroon

Spatial Correction of Cadastral Maps Based on Satellite Imagery

It is well known that most of the cadastral maps and property plans in Iraq are preserved in paper form, with the majority dating back to the 1930s. These maps are widely used for various purposes, such as urban planning, sewage networks, and electricity networks. However, most of these maps suffer from some distortion and wear, with some being torn and taped due to the nature of the paper material and its handling, resulting in severe physical distortion. To address these issues, it is necessary to convert these maps into a digital format and perform corrective processing to mitigate the effects of past errors. Scanning alone is insufficient as it introduces many errors. Recently, fast and accurate computer software has become available that can process data from these maps and paper drawings, including addressing the wear they have undergone, and update them to meet the needs of local authorities developing and investing in these maps and implementing development projects. This process is also essential for establishing a digital foundation for the database. Geographic Information System (GIS) applications are widely used to enhance and assist decision-makers in making decisions that align with their purposes and application scenarios.

ДОСЛІДЖЕННЯ СУЧАСНИХ УМОВ ПРОВАДЖЕННЯ ДЕВЕЛОПЕРСЬКОЇ ДІЯЛЬНОСТІ В УКРАЇНІ

The article is devoted to the study of current trends in the real estate market, in the construction industry of Ukraine in order to identify the modern conditions in which companies related to the implementation of development projects operate. It has been established that development projects are characterized by particular complexity, and therefore their implementation requires taking into account external factors that can affect the results of the work of developers and other involved persons. The dynamics of the main indicators characterizing the real estate market from the standpoint of market volumes (number of signed contracts) and price changes in the primary and secondary housing markets were analyzed. The study of the number of real estate agreements (agreements on the alienation of real estate, land plots and land shares), including agreements for the purchase and sale of apartments and residential buildings, made it possible to identify the main trends in the real estate market. It was determined that prices on the primary housing market grew at an accelerated pace during the research period, while price fluctuations were more noticeable on the secondary housing market. The volumes of manufactured construction products and their dynamics, the activity of builders and the indicators of acceptance into operation of residential and non-residential buildings were studied. It has been established that the Indices of construction products are unstable in all their types and are characterized by significant fluctuations, that is, the rate of changes in the volume of construction products is characterized by high variability. It has been established that the construction industry and the real estate market are sensitive to changes in the internal and external political situation in the country. It has been proven that the full-scale invasion of Ukraine and the introduction of martial law led to a drop in the real estate market and a drop in construction. Despite the extreme fall of the last year, the housing market. and therefore the development market is gradually recovering, most developers have resumed their activities and are trying to reach the pre-war level in terms of their volumes, companies with unfinished construction have focused on housing completion. A number of construction companies focused on rebuilding damaged housing and real estate. Developers, who at the beginning of the full-scale invasion were in the initial stages of construction, demonstrate positive dynamics of construction work.

Current status of honey productıon ın Azerbaıjan

The coronavirus pandemic affected the beekeeping industry by logistics chains, creating reducing honey production and breaking difficulties in seasonal job activities in the hives and the transportation of beekeeping products, and decreasing the information base related to beekeeping. Yet, the demand for honey as a healthy natural product at the pandemic level has increased considerably. Although Azerbaijan has natural and climatic conditions, it is far behind among world honey-producing countries. The paper discusses the certainty of conducting in-depth research to develop the beekeeping sector, considering it a strategic field. It explores the importance of the beekeeping development project implementation by applying a program that combines planned complex measurements through a systematic approach to short-term and long-term existing concrete problem-solving goals in this field.

국제개발 프로젝트의 사업기간 편차와 그 원인 분석

Completing international development projects within the planned timeframe is a task of great significance of the implementation of development projects. This paper analyzed the extent of delays and the factors contributing to delays with respect to 226 development projects in the construction sector across 19 countries financed by one of multi-lateral development banks. It was confirmed that delays are relatively more prevalent in the initial phases including loan approval, signing a loan agreement, consultant recruitment, detailed design, and contractor selection than in the later phases of physical construction in earnest. The analysis of factors contributing to delays found that the extent of delays was shorter in the case of better governance of recipient countries, but had no significant relationship with economic situations of recipient countries. Among variables of project characteristics, the extent of delays was greater in the case of a shorter planned project duration and a larger amount of planned project costs. This study differs from previous papers in that it categorized the delay factors with project documents and analyzed the determinants of delay through statistical analysis.

PROMOTING ENGAGED SCHOLARSHIP THROUGH DIGITAL STORYTELLING: AN EVALUATION OF RHODES UNIVERSITY COMMUNITY ENGAGEMENT SOCIAL INNOVATION HUB

Social innovation involves community members identifying community assets and taking the initiative to implement development projects through community participation and fostering social cohesion. Social cohesion is the tendency for community members to engage meaningfully and share ideas, knowledge and resources regardless of differences. In postcolonial societies such as South Africa, with racialised class divisions and inadequate access to basic public services, social innovation contributes to community development and action against injustices. Rhodes University, through its Community Engagement division, explored the use of digital social innovation, namely digital storytelling, to stimulate social innovation and cohesion in the Makhanda community. This paper reflects on the impact of this project on previous participants a year after its implementation, using questionnaires and textual analysis. The findings reveal that, in this instance, digital storytelling did contribute to fostering social cohesion through the story circle process.

Participation, development and tensions in New Zealand donor engagement with non-secular recipients: A case for recognising post-secularity in practice

Many authors argue that we live in a post-secular world where religion persists, and where, in public affairs, religious views should have an equal voice with secularity. This article examines participation in international development through that post-secular lens: To what extent do the differing worldviews of the partners affect their relationships when designing and implementing development projects? Fieldwork for the research was conducted mainly through interviews with global donor and practitioner organisations working from New Zealand and with recipients on one project in Bangladesh. We used a typology of three different parties: recipients; secular donor and practitioner organisations; and faith-based donor and practitioner organisations (FBOs). In that triangle of relationships we found the three parties’ beliefs are intensely important to them. But we also found participation tends to be transactional in that the topic of religion is generally avoided, leading to unexplored assumptions and adverse consequences to development of trust between the parties. However, we observed that FBOs and recipients can, through religion, and regardless of what that religion is, have a natural rapport. This is important as less-developed countries are generally profoundly religious. Further, in an extension to some concepts of post-secularity, our research indicated there is value in not just listening but also in debating views in-depth as a pathway to creating common ground. This may be challenging for secular organisations, but facilitators who are accepted by the three parties as understanding and respecting their views could help achieve productive relationships.

Evaluation of landscape qualities with development guidelines of the Fužine municipality

Abstract The landscape of the municipality of Fužine is characterized as a mountainous landscape of rural settlements. The area faces problems of depopulation and pressures of tourism development on the environment. Basic premise of this paper is derived from the assumption that the values of the landscape are not fully recognized and can become endangered due to implementation of development projects. The aim of the paper is to identify highly valuable areas of the municipality‘s landscape in order to create guidelines for the development of the area, along with the project program that will preserve important features. The analysis of spatial planning and strategic documentation provides an overview of developmental guidelines, the position of planned interventions, the goals and visions of the progress of the municipality. The landscape evaluation is carried out through analysing the factors of the landscape – natural, anthropogenic and structural – with the available literature and spatial data. The product of analysis and evaluation are models, created using the GIS tool of the QGIS application. Based on the analysis, landscape quality modelling was carried out with the ProVal2000 program, where the factors were grouped in order to evaluate the natural-ecological, social-cultural and visual-experiential qualities of the landscape, with combined quality model indicating where the most valuable spatial zones with high quality landscape features are.

THE ECONOMIC POTENTIAL GROWTH MANAGEMENT FOR REAL ESTATE DEVELOPMENT COMPANY THROUGH AUTOMATION AND ARTIFICIAL INTELLIGENCE TECHNOLOGIES

Constant changes in the economic environment of development companies, as well as a large number of impact factors on the economic results of these companies, complicate the management processes of their economic potential formation and growth. Optimization of the management system for the economic potential growth of development companies requires the implementation of multifactorial models of informed decision-making, built on algorithms of fuzzy logical inference. Based on this, the article develops a multifactorial input-output model of fuzzy logical inference regarding the primary real estate price of the development project. The model is dynamic because it includes the time impact factors on the resulting values, thus it can be used throughout the entire cycle of the development project implementation. It grants obtaining of two output price values: full and with the maximum possible discount, depending on the input data for a specific real estate object, which is a tool both for increasing the company's pricing policy management effectiveness, as well as for developing of a system for profitability maximization of each development project. In addition, the algorithm of this model application in the economic potential growth management system of the development company is proposed, as well as the spheres of its practical utilization at different levels of managerial decision-making are considered. Analysis of the developed model disadvantages led to the development of methods for their minimization through automation and artificial intelligence technologies. The application of the Simulink environment of the MATLAB software complex made it possible to develop a software implementation of the developed model, which allows not only to minimize the identified disadvantages but also to apply artificial intelligence technologies for its further improvement. The software implementation, taking into account the features of the model, is presented in the form of a hierarchical system consisting of three subsystems, each of which is not only a component mechanism for obtaining the model resulting values but also allows for obtaining intermediate values for each separate subsystem, which favor multi-level result analysis to make informed management decisions.

International development cooperation and political risks for transnational business: Linking research topics

International development cooperation and political risks for transnational business are two topics which have always drawn attention from specialists in international political economy. Each of these topics is studied by a dedicated subdiscipline with a specific terminology, strong analytical centers and influential peer-reviewed journals. Despite political risks had initially been associated with developing countries (and transition economies — after the Cold War), two distinctive research clusters have developed separately from one another — quite inexplicably. Drawing on the idea of immanent proximity of international development studies and political risk analysis, this paper develops the logic of blending their research agendas.The first two sections formulate key presumptions meant to justify the conjugation of two topics. The first presumption is an acknowledgement of an engrained commercial motivation in any modality of development cooperation and the latter’s ability to serve as a tool to promote foreign economic interests. The second presumption emphasizes the existence of an indissoluble link between political risks for business with socio-economic and political development disbalances within and between countries. The final section identifies concrete dimensions of conjugation of two research agendas, such as: 1) conducting political risk assessments in the course of programming and implementing development projects; 2) examining the impact of political risk manifestations on provider countries’ ability to mobilize financial resources for international development; studying the practices of using different development cooperation tools to mitigate political risks for foreign economic activity — both through a direct and deliberate reduction of risk perceived by business and through an indirect impact on the environment where political risks are formed; 4) exploring the logic of emergence of new risk factors (of various types) in the course of implementing development cooperation policies. The conclusion argues for focusing on the reverse impact of new trends in international development cooperation on the parameters of political risks for international business from the Western and non-Western countries amidst the global turbulence, using all available sources of statistical data — conventional and unconventional. It also draws a step-by-step research plan and assesses the theoretical and policy relevance of obtaining anticipated results.

An Integrated Approach for Analyzing the Morphological Evolution of the Lower Reaches of the Minjiang River Based on Long-Term Remote Sensing Data

Understanding the evolution of river morphology is crucial for comprehending changes in water resources and implementing development projects along rivers. This study proposes an integrated approach utilizing remote sensing image data combined with deep learning and visual interpretation algorithms to analyze continuous-type changes in river morphology. This research focuses on the lower reaches of the Minjiang River in China and comprehensively analyzes the river’s morphological evolution from 1986 to 2021. The results show that the proposed method of river water identification in this study demonstrates high accuracy and effectiveness, with an F1 score and Kappa coefficient greater than 0.96 and 0.91, respectively. The morphology of the river channel remains stable in the upstream and estuarine sections of the study region while undergoing substantial alterations in the middle section. Additionally, this study also identifies several factors that significantly impact the evolution of river morphology, including reservoir construction, river sediment mining, river training measures, geological conditions, and large flood events. The findings of this study can provide some insights into the management and conservation of water resources.