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Economic and mathematical model of a business plan of the construction project realization (concept design stage)


Evgeniy Semenov
(about the author)

Semenov Evgeniy A. –

Applicant for the candidate degree, Head of the Economy and Finance Department; “Corporation SITEKH”, CJSC, Novosibirsk

Published in:
Russian Journal of Entrepreneurship
– Volume 16, Number 18 (September, 2015)



Keywords: business plan, concept design stage, construction project, economic and mathematical model, residential development


Citation:
Evgeniy Semenov (2015). Economic and mathematical model of a business plan of the construction project realization (concept design stage). Russian Journal of Entrepreneurship, 16(18), 3103-3114. doi: 10.18334/rp.16.18.1955


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Abstract:

The article discusses the problem of the process of elaborating a business plan for a construction project. This problem is related to the analysis of possible conditions and limitations under which the project has to be realized and which, eventually, influence on the decision as for the land development at the preliminary (concept design) business plan stage. The author proposes an economic and mathematical model to optimize technical-economic and financial activities of the construction contractor during the construction project realization on a large land area already in this business-plan stage. The calculations have been performed on the basis of the data the author obtained while analyzing the real estate market in Novosibirsk. The author proposes solutions for three problem statement variants with subsequent analysis of the obtained results and formulation of certain recommendation based on the performed analysis.








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