Project-process approach as a tool for organizations striving for sustainable development and competitiveness in the market

Irina A. Naugolnova () and Nazira A. Gumar ()
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Irina A. Naugolnova: Samara State University of Economics
Nazira A. Gumar: Caspian University

Economic Consultant, 2022, vol. 3, issue 2, 32-42

Abstract: Introduction. The relevance is related to enterprises’ adaptation to rapidly changing external environment conditions, increasing financial and economic stability, cost optimization, and improving the quality of products and services. The project-process approach allows us to respond to changes and implement innovations more effectively. The article aims to theoretically justify the implementation of the project-process approach at the enterprise. Materials and methods. The materials included articles from periodicals and books devoted to project management and production. System analysis and modeling methods were used. Results of the study. The authors presented the organization’s project-process management model and its implementation algorithm. Indicators reflecting the cost of production, the overall level of costs, individual items at the enterprise as a whole, per unit of production, their dynamics, relative change, etc., can form the basis of the system for assessing the effectiveness of introducing and implementing the project-process approach to organizational management. Conclusion. The project-process approach allows organizations to respond more flexibly to changes in market conditions and customer requirements. It facilitates quick adaptation to new technologies, products, and processes. The approach can become a significant tool for increasing enterprises’ competitiveness and success.

Keywords: evaluation of project-process management efficiency; project-process approach; project-process management model (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2022
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