FEATURES OF PROJECT FINANCING SCHEMES’ FORMATION

The article substantiates the relevance of research in the field of project management in general and project financing in particular. In particular, the low level of implementation of practices in one of the areas of project management — cost management (and specifically — project financing) in the practical activities of project management in Ukraine. The main reasons for the failure of domestic enterprises to use various methods of project financing are analyzed. The main directions of scientific research in the field of project financing are investigated. It is proved that the main method of project financing is bank lending. The structure of project financing by different methods of attracting financial resources in terms of regions and sectors of the economy is researched. The dynamics of bank loans attracted within the framework of project financing in the world during the last 10 years is analyzed. The analysis of loans raised within the project financing in 2019–2020 by regions was also analyzed, the structure of project financing by regions was researched. The changes in the volumes of attracted project financing in 2020 are revealed and substantiated. A comparative analysis of the dynamics and structure of project financing attracted through bank lending and debt securities issuance in 2019–2020. Significant differences in the structure of project financing attracted through bank lending and debt securities issuance were identified and substantiated. In particular, it is proved that using of the method of issuing debt securities is the most common in the region of America. The urgency of improving project financing schemes in developing economies is proved. The influence of the project financing method on the development of the project financing scheme is substantiated. Recommendations on the main groups of characteristics of project financing schemes are identified and substantiated. It is proved that the coordination of project constraints and parameters of the project financing scheme is the final stage of forming the project financing scheme and is carried out according to the model formed and substantiated in the study on the basis of traditional project management according to the project triangle rule.