Application of the economic-mathematical model to determine the efficiency of residential renovation projects and to choose the optimal strategy for their implementation
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Implementation of the residential renovation programme is one of the most important programmes aimed at improving the socio-economic well-being of the Russian regions. The implementation of this programme involves the restoration and renovation of existing residential buildings in order to provide citizens with comfortable and safe housing conditions. In order to reduce the number of emergency and dilapidated dwellings, a set of measures is envisaged to restore the technical condition, reduce physical deterioration or, if restoration is not feasible, to carry out works on liquidation of existing dwellings and implementation of new construction projects. The experience of the residential renovation programme in the Moscow region, where the programme has been in effect since 2017, shows that the choice of project implementation strategy does not always fully take into account all the initial parameters of the land plot or object included in the targeted renovation programme. This peculiarity may lead to a decrease in the efficiency of project implementation and increase the risk of project cost increase, increase in construction time and other negative consequences.
Due to the fact that the residential renovation programme is implemented at the expense of the federal budget, and the programme assumes timely planned wave resettlement of citizens, the reduction of the probability of occurrence of a delay in the implementation time and exceeding the initial budget are among the most significant negative aspects in the implementation of the residential renovation programme. In order to assess the initial parameters of the objects, as well as to determine the resulting efficiency of the project, the application of the economic-mathematical model will allow to sufficiently form a number of estimated parameters that are of the greatest importance for the renovation projects being implemented, to analyze them and on their basis to calculate the resulting indicator of the project efficiency, which will subsequently form the basis for determining the most optimal strategy of the project implementation, taking into account its characteristics.
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