Actual problems of innovative economy and law

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Formation and implementation of sustainable territory development strategies based on project activity

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УДК: 351: 082

DOI: https://doi.org/10.36887/2524-0455-2024-3-7

Ivanova Olga,
Doctor of Science (in Economics), Associate Professor, Head of the Sector of Problems of Regional Development and Decentralization of the Department of Macroeconomic Policy and Regional Development, Research Centre of Industrial Problems of Development of
NAS of Ukraine,
ORCID: https://orcid.org/0000-0002-3656-2473
Buslaev Vasyl,
Postgraduate student, Department of Public Administration and Economic Policy,
Simon Kuznets Kharkiv National University of Economics,
https://orcid.org/0009-0003-8157-1306

The article examines the peculiarities of the formation and implementation of strategies for the sustainable development of territories based on project activities. It was determined that, by its very nature, project activity in public administration can be considered in two conventional planes: 1) as a documented complex of organizational-technical, socio-economic, material-resource and informational-communicative justification and planning of time-limited activities specially created for this purpose temporary organizational unit of the authority or local self-government to achieve a clearly set goal; 2) as the direct activity of such a unit as a part of a public governance body with a clear internal hierarchy and close interaction both within the project team and between the project group, the local council and the external community, the existence of which is limited to a defined time and ends from the moment of the final realization of the set goal of the project. It was determined that the design activity can be used for the implementation of any projects in all areas and directions of territorial development, solving the problem of attracting investments in local development and control both by state bodies and the public regarding the targeted use of funds, terms and costs for implementation of project ideas. In a strategic plan, the project activity provides an opportunity to direct the efforts of the relevant public authorities to solve the urgent problems of the future development of the united territorial community, region, and state in its key directions. It was established that the content and essence of aspects of project analysis are not always adequately understood, which leads to insufficient quality of substantiation of the social utility of projects, incomplete consideration of the risks of their implementation. It is proved that the issue of implementation of project management in local self-government bodies is relevant, where the real result of work is evaluated not only by higher authorities and controlling bodies, but also directly by residents of the territories.

Keywords: project activity, strategy of sustainable development of territories, effectiveness of project activity, united territorial community, level of community readiness for project activity, financial capacity.

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The article was received 20.03.2024

Quote article, APA style

Ivanova O. , Buslaev V. 20.03.2024. Formation and implementation of sustainable territory development strategies based on project activity. Actual problems of innovative economy and law. 2024. №3. 35-38 pp. https://doi.org/10.36887/2524-0455-2024-3-7

Quote article, MLA style

Ivanova O. , Buslaev V. Formation and implementation of sustainable territory development strategies based on project activity. Actual problems of innovative economy and law. 20.03.2024. https://doi.org/10.36887/2524-0455-2024-3-7