Justification of the modern format of economic and management technology for reengineering business processes of a construction enterprise

The subject of the research is the scientific and methodological foundations and analytical tools,
which together provide economic justification and management support for the implementation of a
cost engineering project at a contracting construction company.
The aim of the work is to deepen the theoretical foundations and develop practical recommendations
for formalizing and justifying the economic feasibility of the process of value engineering as a project
for the renewal of contracting enterprises, which is aimed at significantly strengthening their position
in the construction market.
Research methods. To achieve the goal and solve specific problems, a set of general scientific and
special methods was used, in particular, an interdisciplinary universal methodology of cost engineering
was used as a general methodological basis for the study as a radical system tool for redesigning
business processes, enterprise architecture and its administration system; dialectical and historical
methods of scientific knowledge, analysis and synthesis.
Results of work. The theoretical foundations of the economic assessment and substantiation
of engineering projects at the enterprise were further developed by: defining the concept of a
«reengineering project» as an ordered set of planned tasks and forecast assessments that uniquely
determine the sequence of actions synchronized in space and time by subjects and participants in
engineering activities to achieve its specific goal; grouping of types of engineering projects depending
on the establishment of the components of the mechanism for the development and implementation
of an engineering project and types of engineering design.
Field of application of results. Methodological developments are an improvement of existing
methodologies for value and process–oriented management, strategic management, project
management, economic analysis and investment management.
Conclusions. The results of the study allow solving urgent problems of increasing the competitiveness
of construction organizations through reengineering design. The scientific significance of the study lies in
the development of a component methodology for modeling the reengineering of business processes. The
practical value of the use lies in the application of research in the real sector of the economy during the
restructuring and reform of construction organizations. The scientific novelty of the research consists in the
development of the methodology and conceptual provisions of the systemic management of the reengineering of the business processes of construction organizations based on the use of the process approach.