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Accelerating Sustainable and Economic Development via Scientific Project Risk Management Model of Industrial Facilities

Author

Listed:
  • Abdelaal Ahmed Mostafa Ahmed Ragas

    (Accounting and Finance Department, United Arab Emirates University (UAE), Al Ain P.O. Box 15551, United Arab Emirates)

  • Alexander Chupin

    (Institute of Foreign Economic Security and Customs Affairs, Peoples’ Friendship University of Russia (RUDN University), 6 Miklukho-Maklaya Street, 117198 Moscow, Russia)

  • Marina Bolsunovskaya

    (Graduate School of Intelligent Systems and Supercomputing Technologies, Peter the Great St. Petersburg Polytechnic University (SPbPU), 29 Polytechnicheskaya Street, 195251 St. Petersburg, Russia)

  • Alexander Leksashov

    (Graduate School of Intelligent Systems and Supercomputing Technologies, Peter the Great St. Petersburg Polytechnic University (SPbPU), 29 Polytechnicheskaya Street, 195251 St. Petersburg, Russia)

  • Svetlana Shirokova

    (Graduate School of Business Engineering, Peter the Great St. Petersburg Polytechnic University (SPbPU), 29 Polytechnicheskaya Street, 195251 St. Petersburg, Russia)

  • Svetlana Senotrusova

    (Faculty of Public Administration, Lomonosov Moscow State University (MSU), 27-4 Lomonosovsky Prospect, 119234 Moscow, Russia)

Abstract

This study presents a systemic and causal model of integrated stakeholder risk management of industrial facilities under sustainable development conditions. This model allows us to analyze the main factors of stakeholder influence, namely personnel risks, conflicts, and behavioral economic factors on a scientific project. This method is based on the identification of stakeholders and determining the possibility of the presence in their activities or inaction of personnel risks, conflicts, and behavioral economic factors that can affect the success of the production of industrial facilities, as well as on the calculation of toxicity indicators for each stakeholder. This study presents information technologies for the integrated management of industrial facilities in the context of sustainable development and transition to a circular economy, which, under conditions of uncertainty, allow the manager of an industrial enterprise and his team to implement the methodology of integrated management of industrial facilities in the context of sustainable development and transition to a circular economy to ensure the successful and timely implementation of these projects to meet the needs of stakeholders.

Suggested Citation

  • Abdelaal Ahmed Mostafa Ahmed Ragas & Alexander Chupin & Marina Bolsunovskaya & Alexander Leksashov & Svetlana Shirokova & Svetlana Senotrusova, 2023. "Accelerating Sustainable and Economic Development via Scientific Project Risk Management Model of Industrial Facilities," Sustainability, MDPI, vol. 15(17), pages 1-16, August.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:17:p:12942-:d:1226811
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    References listed on IDEAS

    as
    1. Hailei Zhao, 2023. "Risk Management of Supply Chain Green Finance Based on Sustainable Ecological Environment," Sustainability, MDPI, vol. 15(9), pages 1-15, May.
    2. Hong, Yan-Zhen & Su, Yi-Ju & Chang, Hung-Hao, 2023. "Analyzing the relationship between income and life satisfaction of Forest farm households - a behavioral economics approach," Forest Policy and Economics, Elsevier, vol. 148(C).
    3. Rangpeng Liu & Zhuo Yue & Ali Ijaz & Abdalwali Lutfi & Jie Mao, 2023. "Sustainable Business Performance: Examining the Role of Green HRM Practices, Green Innovation and Responsible Leadership through the Lens of Pro-Environmental Behavior," Sustainability, MDPI, vol. 15(9), pages 1-20, April.
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    Cited by:

    1. Raffaele Testorelli & Anna Tiso & Chiara Verbano, 2024. "Value Creation with Project Risk Management: A Holistic Framework," Sustainability, MDPI, vol. 16(2), pages 1-20, January.

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