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THE INFLUENCE OF UNIVERSAL AND SPECIFIC RISKS ON QUALITY MANAGEMENT DURING IMPLEMENTATION OF LARGE-SCALE RUSSIAN INVESTMENT PROJECTS IN THE CONDITIONS OF UNCERTAINTY

Journal: International Journal for Quality Research (Vol.13, No. 3)

Publication Date:

Authors : ;

Page : 575-590

Keywords : Territory; Megaproject; Development; Integrated character; Life cycle; Uncertainty; Risk; National strategy; Regional policy;

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Abstract

The aim of the article is to display the identification features of current territorial megaprojects as a relevant tool of the state strategic management and to reveal a number of specific risks, accompanying quality management in the processes of the development and the realization of large investment projects. As a rule a megaproject is connected with a long term prospect that intensifies its probabilistic character and provokes one or another risk: macroeconomic, political, geographical, engineering, technical, financial, commercial, organizational and legal, tariff, taxation one and others. Special attention is paid by the authors of the article to such types of the risks as a risk of competence and a corruption risk. Using the example of current Russian megaprojects such as, for instance, "Ural Industrial - Ural Polar", construction of the Olympic objects in the city of Sochi, it was shown that these risks became the reason for the rebranding of the megaproject or they lead to a considerable increase of the fact costs in comparison with the planned ones. The authors are convinced that the display of possible corruption risks at the pre project stage, taking into account of reputation risks and the elimination of risks of low competence are an important task implying the reduction of the uncertainty of the final effect from the realization of the territorial integrated megaproject.

Last modified: 2019-09-06 19:26:01