Establishing Structure of Engineering Duties during the Implementation of Engineering Projects
Journal Title: Бізнес Інформ - Year 2014, Vol 6, Issue 0
Abstract
The purpose of this paper is to develop a method of establishing the structure of engineering payments while implementing engineering project based on an efficient mathematical apparatus and allows you to choose the optimal ratio of initial and periodic engineering payments depending on the willingness of an engineering company to risk in order to obtain the expected economic effect of the engineering project. The differences between the pricing of the engineering product in Ukraine and in the economically developed countries were described. The process of making management decisions on pricing in engineering activity from a position of uncertainty, certainty and risk was considered. It was defined that engineering companies make managerial decisions regarding the structure of engineering fees at risk during the implementation of engineering projects. The possibility of using different concepts of managerial decision making under risk was considered. The study proved the usefulness of theory of games in making management decisions on the establishment of structures of engineering payments at risk. An appropriate conceptual and terminological apparatus of this theory with its projection on the operations of the engineering company was characterized. As a consequence, the task of establishing the structure of engineering payments for implementing an engineering project is presented as a game of an engineering company and environment of engineering services customer, which directly affects the results of the engineering project. The stages of application of theory of games to set the engineering payment structures for implementation of engineering projects were outlined, and also a corresponding method was suggested and the possibility of its practical application was considered. The prospect of further research on the issue is to consider the use of alternative concepts of theory of games for managerial decision making under risk when setting the structure of engineering payments.
Authors and Affiliations
Oleh Kuzmin, Volodymyr Zhezhukha, Nataliia Gorodyska
Keywords
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