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The Impact of External Risks on Project Implementation in the Transport Sector

https://doi.org/10.35854/1998-1627-2021-10-796-803

Abstract

Aim. The presented study aims to examine the elements of assessing projects for the development of the transport sector of the Russian economy in terms of external risk assessment.

Tasks. The authors formulate the problem of the relevance of assessing external risks that have a significant impact on the development of the transport industry in the context of a pandemic and describe a risk assessment model through the example of transport infrastructure projects.

Methods. The methods of accounting and assessment of risk factors are analyzed. The proposed model is developed based on the use of the fuzzy sets method.

Results. The nature and scale of the pandemic’s impact on the major performance indicators of transport industry enterprises and the development of the transport business in 2020-2021 are determined. The impact of restrictive measures on the efficiency of transport companies has been identified and their development has been assessed as part of the implementation of industry-specific development projects. The risks of non-implementation of transport projects are discovered and described through the example of the infrastructure component. The authors focus on the assessment of environmental risks during the implementation of transport projects under unstable conditions. A model for assessing the risks of possible non-implementation of projects based on a variety of risk types and parameters is presented.

Conclusions. The results of the study can be used in the justification and selection of transport projects, helping to reduce the share of non-implemented projects under complex dynamic external conditions.

About the Authors

S. A. Borodulina
St. Petersburg State University of Civil Aviation
Russian Federation

Svetlana A. Borodulina, D.Sci., Ph.D. in Economics, Professor of the Department of Economics No. 17

38 Pilotov Str., St. Petersburg 196210



G. A. Kostin
St. Petersburg State University of Civil Aviation
Russian Federation

Gennadiy A. Kostin, D.Sci., Ph.D. in Engineering, Associate Professor, Vice-Rector for Science and Digitalization

38 Pilotov Str., St. Petersburg 196210



L. S. Trofimova
Siberian State Automobile and Highway University (SibADI)
Russian Federation

Lyudmila S. Trofifimova, D.Sci., Ph.D. in Engineering, Associate Professor of the Department of Organization of Transportation and Transport Management

5 Mira Ave., Omsk 644080



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Review

For citations:


Borodulina S.A., Kostin G.A., Trofimova L.S. The Impact of External Risks on Project Implementation in the Transport Sector. Economics and Management. 2021;27(10):796-803. (In Russ.) https://doi.org/10.35854/1998-1627-2021-10-796-803

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ISSN 1998-1627 (Print)