Issue: № 5, 2025
Doi: https://doi.org/10.37634/efp.2025.5.17
Introduction. In the context of economic, political, and market instability, an effective business organization is based on modern project management approaches that combine and take into account various aspects, including economic analysis, risk assessment, and business ethics. Innovative methods, approaches, mechanisms, and technologies improve and facilitate project development and management. The purpose of the paper is to identify modern approaches of project management based on economic analysis, risk assessment and business ethics for effective business organization in a dynamic environment. Results. In the paper modern approaches of management projects, that include an economic analysis, evaluation of risks and business-ethics and allow to promote efficiency of organization of business, are considered. It was found out that the program facilities of project management are concentrated in directions: a management, administration, resources and also system management projects, that combine budgeting, management, administration of processes, resources and terms. It was pointed on the fact that for companies that will realize several projects in a complex, a project portfolio design is recommended. It was found out that for implementation of analysis of co-ordination of project and objects of investing it is expedient to apply hieratical approach. It was found out that programmatic items for management risks can come forward as applications to the systems of the projects calendar planning, or by the particular programs. It was found out that for management modern projects social analysis and audit, and also observance of principles of digital business-ethics was necessary. Conclusion. The project approach is now an integral part of the business organization of modern companies, ensuring giving continuous development according to the market conditions. An effective project management system ensures the achievement of the strategic goals of the enterprises’ activities, their financial stability, and market position. However, in order to build a modern project management system, modern science-based approaches should be implemented, including economic analysis, risk assessment and management, as well as compliance with business ethics.
Keywords : project analysis, economic analysis, risk assessment, business ethics, decision-making methods, business, organization of activities, team building
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