It is determined that we formulate the concept of project management as the art and science of ef... more It is determined that we formulate the concept of project management as the art and science of effective use of experience, knowledge, skills, tools and methods to meet the expectations of stakeholders in accordance with the criteria of project acceptability within agreed parameters. It is noted that project management is an approach to achiev project goals within organizational structural and resource constraints for internal projects. For external projects there should also be considered political, social, legal and environmental constraints. Five modern approaches to project management are considered, among them: traditional, flexible, waterfall, system approaches in project management and program management approach. While analyzing these approaches their main components were highlighted, as well as substantiated which components are the most effective in project management. Among the highlighted components: defining the role of each member of the project team-because understanding of each area of responsibility will ensure the accuracy and timeliness of all processes; a clearly defined goal of the projectbecause the correctness of the goal determines the direction of movement and development of the project; ensuring transparency of tasks-this means creating a project management system in which all team members can easily and efficiently access all the necessary information about the project.
WSEAS transactions on business and economics, Nov 28, 2022
The purpose of scientific research is to present the features of digitization of business process... more The purpose of scientific research is to present the features of digitization of business processes using artificial intelligence at enterprises as a foundation on which the gradual formation of Industry 4.0 is built and the search for reserves of socioeconomic growth in the conditions of the development of digital ecosystem and digital entrepreneurship. Presentation of a number of positive and negative consequences of the influence of artificial intelligence on the operation of digital infrastructure, as well as to indicate possible approaches in the practical application of artificial intelligence based on the substantive characteristics of its construction. The results and forecasts of four waves of modern development of artificial intelligence are presented, including: increasing the profits of Internet companies, monetization of creative Internet applications; reducing the number of cases of non-repayment of loans, establishing objective diagnoses, court decisions, etc.; protection of phones and digital wallets; payment by face scan. It was determined that the expected high-quality product of the fourth wave of modern development of artificial intelligence will be computer intelligence that understands and changes the world, a direct economic benefit first of highly structured environments, and then of other spheres of human activity. The peculiarities of the application of artificial intelligence in the course of the formation of digital enterprises of Industry 4.0 are revealed. The possibilities and advantages of the application of technical capabilities on which the development of artificial intelligence technology is based are analyzed. Approaches to the practical use of artificial intelligence are indicated, including: the synthesis of a human likeness with an independent thinking platform; predictive analytics; methods of control, planning and dispatching; storage, processing and presentation of knowledge. Having conducted a thorough analysis in parts of the acceleration of deep digitalization of business processes with the help of artificial intelligence, authors determined the impact of digitalization process and the operation of digital platforms on the transformational WSEAS TRANSACTIONS on BUSINESS and ECONOMICS
The problems of staff motivation are considered in the paper. Motivation is a process of influenc... more The problems of staff motivation are considered in the paper. Motivation is a process of influencing the human worker occupies an important place in the system of enterprise management, personnel management, and labor management. The purpose of the paper is to substantiate the need to motivate employees to work effectively, using a systematic approach to the choice of tools to influence the person as a subject of labor. The essence of motivation is defined as a set of motivating reasons, factors under the influence of which the employee acts in a particular situation. The role of needs, interests, values , and motives in creating the conditions for effective work, which necessarily includes the quality of work, is substantiated. Moreover, in modern conditions, effective quality work is decent work. The main approaches to the definition of "motivation" are given and the essence of the material and intangible motivation in the enterprise is revealed. The necessity of a systematic approach to the formation of types of motivation, needs, motives, incentives, a modern worker who seeks not only material prosperity but wants to engage in interesting, meaningful work, to enjoy it. Characterizing the basic theories of motivation, the authors substantiate the possibility of their use in practice to create conditions for effective work in the enterprise. Motivation is seen as a factor of work efficiency.
The paper is devoted to identifying key challenges for the Ukrainian economy related to the need ... more The paper is devoted to identifying key challenges for the Ukrainian economy related to the need to intensify foreign trade. The aim of this paper is to identify trends in foreign trade relations of Ukraine. The dynamics and main structural shifts in Ukraine 's foreign trade are analyzed. The modern stage of development of world economic relations dynamism, liberalization, diversification of forms and types of foreign economic activity are characterized. In 2019-2021, in the frames of the processes of reforming Ukraine's economy, increasing the level of competitiveness and investment attractiveness, Ukraine is projected to achieve a higher level of financial globalization compared to previous years, which will have a positive impact on the balance of payments. The objective nature of asymmetries of Ukraine's foreign trade interests is revealed. Peculiarities and priority directions of development of foreign trade interests of Ukraine are determined. Methods of dialectical logic and general system principles of conducting scientific researches, fundamental provisions of economic theory, laws of functioning of market economy are used for the decision of the set tasks in the paper.
Journal of Applied Management and Investments, 2013
The paper presents a professional nature of managerial activity, general require-ments for the ma... more The paper presents a professional nature of managerial activity, general require-ments for the manager, a model of a modern manager and the strategy of management education in the Europe, USA and Ukraine.
Authors presented main aspects of tourism industry of Ukraine. The opinion was expressed that one... more Authors presented main aspects of tourism industry of Ukraine. The opinion was expressed that one of the factors in the recovery of domestic and international tourism in Ukraine will be the new quality of management of the industry. Main proposals regarding the restoration of tourist flows to the capital of Ukraine and the country in particular were named, namely: to develop a strategy aimed at eliminating the crisis situation and improving the image of the city and which will be able to neutralize the status of a dangerous city; to encourage the standardization of accommodation facilities (hotels, motels) and their official registration and functioning; to create a practical and convenient public transport infrastructure and travel navigation in three main languages (Ukrainian, English and Chinese). Statistical data on the flow of tourists from European and Asian countries have been analyzed, and the countries to which Ukrainians travel most often have been indicated. Authors expre...
The article describes the possible transformational processes of cybersecurity of business entiti... more The article describes the possible transformational processes of cybersecurity of business entities in martial law. Authors argue that the security criteria of modern digital entrepreneurship include the following mandatory facts: data must always be encrypted during storage and transmission; encryption must take place at the client level; only the client should have access to the encryption keys; actual data should not be transmitted through open mail channels; the company must control the storage of encrypted information and access keys to it. A number of current external and internal threats to doing business are listed, including network intrusion, loss of devices with saved passwords, and encryption viruses. Main tasks of enterprises in terms of cybersecurity, namely: identification of potential threats to cybersecurity of enterprises and vulnerabilities; cyber incident prevention; neutralization or minimization of threats to information security of the enterprise. Authors cons...
International Journal of Innovative Technology and Exploring Engineering, 2019
International innovation and investment activity occupy a special place in the system of modern i... more International innovation and investment activity occupy a special place in the system of modern international business. The authors propose an economic and mathematical model for assessing the sensitivity of international innovation and investment projects by the criterion of net present value. It is advised to use the obtained sensitivity indicator as an additional one in assessing the economic efficiency of international innovation and investment projects of an enterprise. The proposed model makes it possible to determine the effect of several internal parameters simultaneously on the net present value of the project.
Proceedings of the III International Scientific Congress Society of Ambient Intelligence 2020 (ISC-SAI 2020), 2020
The rapid pace of expansion of industrial production over several decades led to an improvement i... more The rapid pace of expansion of industrial production over several decades led to an improvement in the economic well-being of society and provoked aggravation of global problems in terms of environmental degradation, depletion of natural resources and the emergence of a global environmental crisis. In this context, the main priority is the synthesis of economic development, social well-being and environmental safetythe establishment and development of a circular economy as a new economy of an inclusive type. The aim of the study is to identify relevant aspects of the development of the circular economy based on the study of world experience to identify the risks of transformation of the modern national economy to a circular economy and determine the prerequisites for its development. The methodological basis of the research is the scientific development of nationals and foreign scientists, the fundamental theoretical provisions of economic science in the problems of introduction and development of circular economy. The study of world experience allowed us to identify the risks of introducing a circular economy and measures for its implementation at the national level. The main provisions and results of the research can be used by the authorities in the development of regulatory support for the implementation of the circular economy model, as well as by business entities to take into account in business processes.
Using of methodological recommendations in the course of education of students on the peculiariti... more Using of methodological recommendations in the course of education of students on the peculiarities of the content of teaching digital entrepreneurship allows the teacher: to master new methods, techniques, technologies of digital learning in new virtual reality; to acquire digital business competencies in alignment with Industry 4.0 and highly specialized business level. This should be done in order to train professionals who have the required quality, the required business of the 21st century, the level of digital skills and abilities that effectively and safely use digital technology to solve business problems. For these reasons, it is important to use the latest methods in the field of education to increase the level of competence in digital entrepreneurship, namely teachers of economics and business, its compliance with approved European standards, which is what these guidelines for teaching digital entrepreneurship
Using of methodological recommendations in the course of education of students on the peculiariti... more Using of methodological recommendations in the course of education of students on the peculiarities of the content of teaching digital entrepreneurship allows the teacher: to master new methods, techniques, technologies of digital learning in new virtual reality; to acquire digital business competencies in alignment with Industry 4.0 and highly specialized business level. This should be done in order to train professionals who have the required quality, the required business of the 21st century, the level of digital skills and abilities that effectively and safely use digital technology to solve business problems. For these reasons, it is important to use the latest methods in the field of education to increase the level of competence in digital entrepreneurship, namely teachers of economics and business, its compliance with approved European standards, which is what these guidelines for teaching digital entrepreneurship
The study proposes the introduction of a mechanism for organizing a risk management system in an ... more The study proposes the introduction of a mechanism for organizing a risk management system in an industrial enterprise using an economic and mathematical model based on the add-in for Microsoft Office Excel. The economic-mathematical model of risk management of the enterprise activity is offered, which allows on the computer not only to evaluate the efficiency of the enterprise portfolio on risk insurance but also to optimize its structure taking into account the efficiency of each risk insurance operation. A comprehensive risk management system is proposed, which, unlike the existing ones, is based on a systematic cybernetic approach using a computer and includes the steps of research on the occurrence of potential types of risks; estimation of the magnitude of activity risk; the choice of risk management strategy; formation and analysis of risk insurance system and anti-crisis measures; implementation of risky decision; evaluation of the results of the risk decision chosen and all...
International Journal of Recent Technology and Engineering (IJRTE), 2019
Issues of developing a culture of risk management, today is perhaps one of the most significant i... more Issues of developing a culture of risk management, today is perhaps one of the most significant in risk management. The lack of a well-built risk management culture is for many companies, one of the main barriers to building an effective risk management system. It should be understood that all methods that are used to manage risk are as effective as the culture of risk management in the organisation. It depends on the culture of risk management how secure the organisation can feel as part of its development strategy. The development of a risk management culture, in contrast to increasing the costs of expanding the risk management department, is an intensive way to increase the effectiveness of the risk management system and, as a result, provide the possibility of safe development under any market conditions and challenges. By cultivating a risk management culture for the entire hierarchy of employees, you can achieve much better results than simply hiring expensive risk managers.
Journal of Entrepreneurship, Management and Innovation, 2021
PURPOSE: The disclosure of the content of the synergetic effect, as a result of network interacti... more PURPOSE: The disclosure of the content of the synergetic effect, as a result of network interactions of development institutions in a new economic virtual reality, and the presentation of the general characteristics of their relationships through knowledge of the functioning of clusters, which in the XXI century occurs during the digitalization of the economy, resulting in digital products/services and various platforms. METHODOLOGY: On the basis of dialectical, systemic and matrix methods and using the institutional-network approach, the characteristic features of network interactions of cluster formations in the conditions of virtual reality are studied, which are becoming the norm today, a good quality and effective rule for the practical implementation of various sectors of the economy in the course of digitalization of the economy. The method of comparison is used in terms of conditions for the formation of an innovation-digital cluster from the standpoint of the theory of inst...
It is determined that we formulate the concept of project management as the art and science of ef... more It is determined that we formulate the concept of project management as the art and science of effective use of experience, knowledge, skills, tools and methods to meet the expectations of stakeholders in accordance with the criteria of project acceptability within agreed parameters. It is noted that project management is an approach to achiev project goals within organizational structural and resource constraints for internal projects. For external projects there should also be considered political, social, legal and environmental constraints. Five modern approaches to project management are considered, among them: traditional, flexible, waterfall, system approaches in project management and program management approach. While analyzing these approaches their main components were highlighted, as well as substantiated which components are the most effective in project management. Among the highlighted components: defining the role of each member of the project team-because understanding of each area of responsibility will ensure the accuracy and timeliness of all processes; a clearly defined goal of the projectbecause the correctness of the goal determines the direction of movement and development of the project; ensuring transparency of tasks-this means creating a project management system in which all team members can easily and efficiently access all the necessary information about the project.
WSEAS transactions on business and economics, Nov 28, 2022
The purpose of scientific research is to present the features of digitization of business process... more The purpose of scientific research is to present the features of digitization of business processes using artificial intelligence at enterprises as a foundation on which the gradual formation of Industry 4.0 is built and the search for reserves of socioeconomic growth in the conditions of the development of digital ecosystem and digital entrepreneurship. Presentation of a number of positive and negative consequences of the influence of artificial intelligence on the operation of digital infrastructure, as well as to indicate possible approaches in the practical application of artificial intelligence based on the substantive characteristics of its construction. The results and forecasts of four waves of modern development of artificial intelligence are presented, including: increasing the profits of Internet companies, monetization of creative Internet applications; reducing the number of cases of non-repayment of loans, establishing objective diagnoses, court decisions, etc.; protection of phones and digital wallets; payment by face scan. It was determined that the expected high-quality product of the fourth wave of modern development of artificial intelligence will be computer intelligence that understands and changes the world, a direct economic benefit first of highly structured environments, and then of other spheres of human activity. The peculiarities of the application of artificial intelligence in the course of the formation of digital enterprises of Industry 4.0 are revealed. The possibilities and advantages of the application of technical capabilities on which the development of artificial intelligence technology is based are analyzed. Approaches to the practical use of artificial intelligence are indicated, including: the synthesis of a human likeness with an independent thinking platform; predictive analytics; methods of control, planning and dispatching; storage, processing and presentation of knowledge. Having conducted a thorough analysis in parts of the acceleration of deep digitalization of business processes with the help of artificial intelligence, authors determined the impact of digitalization process and the operation of digital platforms on the transformational WSEAS TRANSACTIONS on BUSINESS and ECONOMICS
The problems of staff motivation are considered in the paper. Motivation is a process of influenc... more The problems of staff motivation are considered in the paper. Motivation is a process of influencing the human worker occupies an important place in the system of enterprise management, personnel management, and labor management. The purpose of the paper is to substantiate the need to motivate employees to work effectively, using a systematic approach to the choice of tools to influence the person as a subject of labor. The essence of motivation is defined as a set of motivating reasons, factors under the influence of which the employee acts in a particular situation. The role of needs, interests, values , and motives in creating the conditions for effective work, which necessarily includes the quality of work, is substantiated. Moreover, in modern conditions, effective quality work is decent work. The main approaches to the definition of "motivation" are given and the essence of the material and intangible motivation in the enterprise is revealed. The necessity of a systematic approach to the formation of types of motivation, needs, motives, incentives, a modern worker who seeks not only material prosperity but wants to engage in interesting, meaningful work, to enjoy it. Characterizing the basic theories of motivation, the authors substantiate the possibility of their use in practice to create conditions for effective work in the enterprise. Motivation is seen as a factor of work efficiency.
The paper is devoted to identifying key challenges for the Ukrainian economy related to the need ... more The paper is devoted to identifying key challenges for the Ukrainian economy related to the need to intensify foreign trade. The aim of this paper is to identify trends in foreign trade relations of Ukraine. The dynamics and main structural shifts in Ukraine 's foreign trade are analyzed. The modern stage of development of world economic relations dynamism, liberalization, diversification of forms and types of foreign economic activity are characterized. In 2019-2021, in the frames of the processes of reforming Ukraine's economy, increasing the level of competitiveness and investment attractiveness, Ukraine is projected to achieve a higher level of financial globalization compared to previous years, which will have a positive impact on the balance of payments. The objective nature of asymmetries of Ukraine's foreign trade interests is revealed. Peculiarities and priority directions of development of foreign trade interests of Ukraine are determined. Methods of dialectical logic and general system principles of conducting scientific researches, fundamental provisions of economic theory, laws of functioning of market economy are used for the decision of the set tasks in the paper.
Journal of Applied Management and Investments, 2013
The paper presents a professional nature of managerial activity, general require-ments for the ma... more The paper presents a professional nature of managerial activity, general require-ments for the manager, a model of a modern manager and the strategy of management education in the Europe, USA and Ukraine.
Authors presented main aspects of tourism industry of Ukraine. The opinion was expressed that one... more Authors presented main aspects of tourism industry of Ukraine. The opinion was expressed that one of the factors in the recovery of domestic and international tourism in Ukraine will be the new quality of management of the industry. Main proposals regarding the restoration of tourist flows to the capital of Ukraine and the country in particular were named, namely: to develop a strategy aimed at eliminating the crisis situation and improving the image of the city and which will be able to neutralize the status of a dangerous city; to encourage the standardization of accommodation facilities (hotels, motels) and their official registration and functioning; to create a practical and convenient public transport infrastructure and travel navigation in three main languages (Ukrainian, English and Chinese). Statistical data on the flow of tourists from European and Asian countries have been analyzed, and the countries to which Ukrainians travel most often have been indicated. Authors expre...
The article describes the possible transformational processes of cybersecurity of business entiti... more The article describes the possible transformational processes of cybersecurity of business entities in martial law. Authors argue that the security criteria of modern digital entrepreneurship include the following mandatory facts: data must always be encrypted during storage and transmission; encryption must take place at the client level; only the client should have access to the encryption keys; actual data should not be transmitted through open mail channels; the company must control the storage of encrypted information and access keys to it. A number of current external and internal threats to doing business are listed, including network intrusion, loss of devices with saved passwords, and encryption viruses. Main tasks of enterprises in terms of cybersecurity, namely: identification of potential threats to cybersecurity of enterprises and vulnerabilities; cyber incident prevention; neutralization or minimization of threats to information security of the enterprise. Authors cons...
International Journal of Innovative Technology and Exploring Engineering, 2019
International innovation and investment activity occupy a special place in the system of modern i... more International innovation and investment activity occupy a special place in the system of modern international business. The authors propose an economic and mathematical model for assessing the sensitivity of international innovation and investment projects by the criterion of net present value. It is advised to use the obtained sensitivity indicator as an additional one in assessing the economic efficiency of international innovation and investment projects of an enterprise. The proposed model makes it possible to determine the effect of several internal parameters simultaneously on the net present value of the project.
Proceedings of the III International Scientific Congress Society of Ambient Intelligence 2020 (ISC-SAI 2020), 2020
The rapid pace of expansion of industrial production over several decades led to an improvement i... more The rapid pace of expansion of industrial production over several decades led to an improvement in the economic well-being of society and provoked aggravation of global problems in terms of environmental degradation, depletion of natural resources and the emergence of a global environmental crisis. In this context, the main priority is the synthesis of economic development, social well-being and environmental safetythe establishment and development of a circular economy as a new economy of an inclusive type. The aim of the study is to identify relevant aspects of the development of the circular economy based on the study of world experience to identify the risks of transformation of the modern national economy to a circular economy and determine the prerequisites for its development. The methodological basis of the research is the scientific development of nationals and foreign scientists, the fundamental theoretical provisions of economic science in the problems of introduction and development of circular economy. The study of world experience allowed us to identify the risks of introducing a circular economy and measures for its implementation at the national level. The main provisions and results of the research can be used by the authorities in the development of regulatory support for the implementation of the circular economy model, as well as by business entities to take into account in business processes.
Using of methodological recommendations in the course of education of students on the peculiariti... more Using of methodological recommendations in the course of education of students on the peculiarities of the content of teaching digital entrepreneurship allows the teacher: to master new methods, techniques, technologies of digital learning in new virtual reality; to acquire digital business competencies in alignment with Industry 4.0 and highly specialized business level. This should be done in order to train professionals who have the required quality, the required business of the 21st century, the level of digital skills and abilities that effectively and safely use digital technology to solve business problems. For these reasons, it is important to use the latest methods in the field of education to increase the level of competence in digital entrepreneurship, namely teachers of economics and business, its compliance with approved European standards, which is what these guidelines for teaching digital entrepreneurship
Using of methodological recommendations in the course of education of students on the peculiariti... more Using of methodological recommendations in the course of education of students on the peculiarities of the content of teaching digital entrepreneurship allows the teacher: to master new methods, techniques, technologies of digital learning in new virtual reality; to acquire digital business competencies in alignment with Industry 4.0 and highly specialized business level. This should be done in order to train professionals who have the required quality, the required business of the 21st century, the level of digital skills and abilities that effectively and safely use digital technology to solve business problems. For these reasons, it is important to use the latest methods in the field of education to increase the level of competence in digital entrepreneurship, namely teachers of economics and business, its compliance with approved European standards, which is what these guidelines for teaching digital entrepreneurship
The study proposes the introduction of a mechanism for organizing a risk management system in an ... more The study proposes the introduction of a mechanism for organizing a risk management system in an industrial enterprise using an economic and mathematical model based on the add-in for Microsoft Office Excel. The economic-mathematical model of risk management of the enterprise activity is offered, which allows on the computer not only to evaluate the efficiency of the enterprise portfolio on risk insurance but also to optimize its structure taking into account the efficiency of each risk insurance operation. A comprehensive risk management system is proposed, which, unlike the existing ones, is based on a systematic cybernetic approach using a computer and includes the steps of research on the occurrence of potential types of risks; estimation of the magnitude of activity risk; the choice of risk management strategy; formation and analysis of risk insurance system and anti-crisis measures; implementation of risky decision; evaluation of the results of the risk decision chosen and all...
International Journal of Recent Technology and Engineering (IJRTE), 2019
Issues of developing a culture of risk management, today is perhaps one of the most significant i... more Issues of developing a culture of risk management, today is perhaps one of the most significant in risk management. The lack of a well-built risk management culture is for many companies, one of the main barriers to building an effective risk management system. It should be understood that all methods that are used to manage risk are as effective as the culture of risk management in the organisation. It depends on the culture of risk management how secure the organisation can feel as part of its development strategy. The development of a risk management culture, in contrast to increasing the costs of expanding the risk management department, is an intensive way to increase the effectiveness of the risk management system and, as a result, provide the possibility of safe development under any market conditions and challenges. By cultivating a risk management culture for the entire hierarchy of employees, you can achieve much better results than simply hiring expensive risk managers.
Journal of Entrepreneurship, Management and Innovation, 2021
PURPOSE: The disclosure of the content of the synergetic effect, as a result of network interacti... more PURPOSE: The disclosure of the content of the synergetic effect, as a result of network interactions of development institutions in a new economic virtual reality, and the presentation of the general characteristics of their relationships through knowledge of the functioning of clusters, which in the XXI century occurs during the digitalization of the economy, resulting in digital products/services and various platforms. METHODOLOGY: On the basis of dialectical, systemic and matrix methods and using the institutional-network approach, the characteristic features of network interactions of cluster formations in the conditions of virtual reality are studied, which are becoming the norm today, a good quality and effective rule for the practical implementation of various sectors of the economy in the course of digitalization of the economy. The method of comparison is used in terms of conditions for the formation of an innovation-digital cluster from the standpoint of the theory of inst...
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