Development of a Unified Methodology for Assessing the Choice of Construction Type in the Arctic Based on the Aggregate Economic Effect of Key Regional Construction Parameters

Abstract

Relevance of research. The growing importance of the Arctic Zone of the Russian Federation (hereinafter referred to as the AZRF) and the Northern Sea Route (hereinafter referred to as the NSR), particularly in enhancing various aspects of the national construction industry and achieving the objectives of national and economic security, motivates the scientific community to study the specific characteristics of the region more thoroughly. The extensive system of benefits and incentives offered for conducting financial and economic activities in the Arctic opens up significant prospects for optimizing costs and investment expenditures incurred by key economic actors in the region. However, the harsh climatic conditions, the generally low level of infrastructural development, and the vast total area of the AZRF represent substantial barriers to achieving the goals of sustainable economic development in Russia’s Arctic. The application of advanced technologies and modern principles of economic management can significantly improve the region’s economic performance.

Purpose of the study. To describe the methodological foundations and propose an algorithm for developing a methodology to assess the economic feasibility of applying a specific construction approach in the Arctic.

Methods. The unified methodology for evaluating the effectiveness of applying modular elements of maximum readiness (MEMR) represents a sequence of interrelated blocks (stages), with the overall result expressed in the form of a consolidated financial model of the project.

Results and novelty. A unified methodology for assessing the choice of construction type in the Arctic is proposed. Based on this methodology, it is possible to develop a consolidated financial model of a construction project in the region, which effectively becomes the first comprehensive tool for justifying modular construction in the Arctic — integrating regulatory requirements, economic feasibility, and managerial aspects into a single framework.