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Regular version of the site

Book

Financial and Economic Tools Used in the World Hospitality Industry

N.V.Kapustina, Kuznetsov Y., Kryukova O., Shamin D.
Academic editor: N. Filimonova, M. Vladimir, F. Lumban Gaol.

Due to the need to reindustrialize the domestic industry at the post-industrial stage of development, it has become necessary to implement megaprojects aiming at the qualitative makeover of the national economy. The purpose of this paper is to develop an industrial megaproject risk management model and methodological support based on a comparative analysis of existing approaches and using Russian and international experience. The research has resulted in two megaproject risk management models: a fragmentary model and a comprehensive one. A risk mitigation potential analysis for ongoing megaprojects has been performed confirming the efficiency of use of the comprehensive megaproject risk management model. The suggested comprehensive risk management model allows taking into consideration the main distinctive feature of modern megaprojects, i.e. multiplicity of management entities operating on the basis of the partnership principle.

Financial and Economic Tools Used in the World Hospitality Industry