ALGORITHM FOR SELECTING SOURCES OF FINANCING FOR ORGANIZATIONAL PROCESSES IN PROJECT MANAGEMENT

Kurovsky Stanislav Valerievich, Mishin Denis Alexandrovich, Doroshenko Ilia Aleksandrovich, Petrushin Alexander Vitalievich

The choice of sources of financing for organizational processes is one of the important topics in project management, since the risk of insufficient financing and, accordingly, a decrease in the effectiveness of a particular project is extremely high nowadays. This article is devoted to the reflection of the results of the development of an algorithm for selecting sources of financing for organizational processes in project management using the example of small enterprises. The algorithm includes five groups of key parameters: economic parameters, sources of financing, market potential, organizational activity of the enterprise, as well as a parameter reflecting the stage of the project life cycle. The implementation of the algorithm for selecting sources of financing for organizational processes in project management should be phased to increase the efficiency of managing organizational processes and systems.

Keywords:organizational processes, project management, selection of funding sources, small enterprises, innovations, project lifecycle