Improving the Methods for Evaluating the Effectiveness of Management Decisions on Using Immovable Property in Rail Industry

Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 3

Abstract

The aim of the article is to improve the methods for evaluating the effectiveness of management decisions on the use of immovable property in rail industry based on a scientifically based system of indicators of the managing company performance and the state of the immovable property and an adequate way of "convolution" of these indicators into the integral one. As a result of the research it has been proposed to improve the existing methods of evaluating the effectiveness of management decisions in the following directions: changing the method of forming the integral index to a scientifically sound and proper one; improving the system of performance indicators of immovable property management by four component groups (management and human resource, financial and economic, marketing, production), taking into account the principles of completeness, but not redundancy; changing the method of measuring indicators and, accordingly, their borders into science-based and proper ones. Using this technique will allow making reasonable decisions on the transfer of the rail industry objects to the management of a professional management company, choosing from a number of companies the most effective one specifically to manage a particular object (objects) of the rail industry immovable property. It has been proved that an important component of reforming the railway industry in the market conditions is the formation of an effective system of immoveable property management and development of professional form of managing the industry immovable property. Increasing the efficiency of immovable property management allows receiving the maximum benefit from using each object of property.

Authors and Affiliations

Kirill Zhuravel, Victoriya Masalygina

Keywords

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  • EP ID EP122725
  • DOI -
  • Views 83
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How To Cite

Kirill Zhuravel, Victoriya Masalygina (2015). Improving the Methods for Evaluating the Effectiveness of Management Decisions on Using Immovable Property in Rail Industry. Проблеми економіки, 2015(3), 289-300. https://europub.co.uk/articles/-A-122725