Journal of Information Technology Management (Aug 2021)

Strategize Company’s Sustainable Management of Investment Project Evaluation Based on the Information Support

  • Kathrin Dumanska,
  • Inna Chaikovska,
  • Liudmyla Vahanova,
  • Dmytro Kobets

DOI
https://doi.org/10.22059/jitm.2021.80743
Journal volume & issue
Vol. 13, no. Special Issue: Role of ICT in Advancing Business and Management
pp. 143 – 158

Abstract

Read online

This paper focuses on the problems of company’s sustainable management in an emergent environment. The authors’ vision of the functioning peculiarities in the formulation of a company’s strategy based on the information support is presented in the article. The world experience of studying the development of investment projects in companies of different industry sectors is investigated and analyzed according to the economic and mathematical modeling. A multivariate model of evaluation and selection of the investment project based on the hierarchy criterion of company's economic objectives with the information technology is developed as an embodiment of the strategic goal of ensuring the company's sustainability. The essence of the hierarchy criterion method is to determine the order and the value of priority of each individual criterion, thus, application of this method allows providing recommendations for making an effective management decision in unpredictable environment. The proposed model based on the hierarchy criterion of company’s economic tasks allows providing sustainability in emergent environment. The analysis and substantiation of the necessity of applying the proposed model with the information technology support is presented in this paper.

Keywords