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Journal section "Territorial economy"

Project-Based Approach in Managing Socio-Economic Development of the Region

Kuznetsov I.A.

4 (44), 2018

Kuznetsov I.A. Project-based approach in managing socio-economic development of the region. Territorial development issues, 2018, no. 4 (44). DOI: 10.15838/tdi.2018.4.44.2

DOI: 10.15838/tdi.2018.4.44.2

Abstract   |   Authors   |   References
The state executive authorities face many existing and emerging tasks in the sphere of modernization and reorientation of the economy to innovative ways of development, and in improving the quality and standard of living of the population. All this creates new challenges in the search for the most effective management approaches, as well as in the process of their application, taking into account the regional socio-economic system. The specifics of functioning of the management model should reflect the dynamic processes of improving the efficiency of public administration, which is focused primarily on the aspect of rational use of limited resources (human, material, technological, investment, financial, etc.). In accordance with foreign and domestic practice, the implementation of project-based approach in the management of the regional economy contributes to the solution of these problems. The purpose of the present paper is to systematize approaches to understanding the essence of project management to justify the combined approach as the most effective method of regional economy management. In this regard, the article analyzes historical development of project-based approach and project management as an innovative model and considers their main characteristics and advantages, which differ from existing practices in the state and municipal authorities; the paper also presents the features of the formation of research in the field of project-based approach. The author considers the reasons for the low efficiency of project management and the limitations to the implementation of project-based approach in the organizational processes at the federal and regional level, as well as the place and role of these concepts in the formation of the economic system at the present stage of development. In addition, the paper reviews main legal documents and regulations that reflect the specifics of these issues and allow for a deeper understanding of the principles of systematization. The novelty of the work consists in detailing and clarifying the definitions of the project approach in the aspect of its application in the management of socio-economic development of territories. The materials can be used by researchers, graduate students, students, and representatives of the authorities

Keywords

region, regional economy, project management, project, project-based approach

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