Buy (150 RUB)
Generate QR code
Open Access
Subscription or Fee Access
Integration of Risk Management Tools into the Innovative Project Management System of Industrial Enterprises
EDN: INEXFY
Abstract
This article examines the risks associated with implementing innovative projects at Russian industrial enterprises. The objective of the study is to substantiate the thesis that the development and implementation of innovations is both a risk escalator and a risk mitigation tool. The article identifies the sources, nature, and essential characteristics of industrial enterprise risks. The article presents the types of risks faced by industrial enterprises implementing innovative projects, highlighting strategic risks, or the risks of failing to achieve economic and innovative development targets. Using a multiple correlation model, it analyzes the impact of R&D expenditures on the key performance indicators of industrial enterprises and their competitiveness. Variable scenarios of dynamics of economic performance indicators of Baltic Plant JSC and Chelyabtorgtekhnika Plant LLC are presented, which confirm the leading role of R&D expenses in ensuring the progressive dynamics of production and export volumes, regardless of the type of enterprises. The possibility of neutralizing risk-generating factors by implementing a project-based approach to risk management is substantiated. Emphasis is placed on the need to integrate innovation project management tools and risk management tools, taking into account the specifics of the project lifecycle. This allows R&D expenditures to be considered as a tool for preventing the risks of reducing the competitiveness of an industrial enterprise.
About the Authors
I. R. Valiakhmetov
Kazan Federal University
Russian Federation
Russian Federation
Ildar R. Valiakhmetov
Butlerova St., 4, Kazan, 420012
A. A. Ajupov
Kazan Federal University
Russian Federation
Russian Federation
Ajdar A. Ajupov
Butlerova St., 4, Kazan, 420012
References
1. Drucker P. F. Management challenges for the 21st century / [transl. from Engl. and ed. N. M. Makarova. M.: Williams, 2007. 276 p (In Russ.)
2. Kotler F. The Quintessence of Strategic Management: What You Really Need to Know to Survive in Business. M.: Alpina Publisher, 2016. 132 p. (In Russ.)
3. Marshall A. Principles of economic science. Vol. 3. M.: Progress: Univers, 1993. 351 p. (In Russ.)
4. Edgeworth F. The theory of distribution // McMaster University Website // URL: http://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/edgeworth /distribution.html (дата обращения: 05.12.2025)
5. Maksimova O. V. On errors of handling the Pearson correlation coefficient // Environmental Monitoring and Ecosystem Modelling. 2024;35(3–4):88–102. (In Russ.) https://doi.org/10.24412/2782-3237-2024-3-4-88-102
6. Khovanov N. V. Mathematical models of risk and uncertainty. St. Petersburg: Publishing House of St. Petersburg State Agricultural University, 1998. 204 p. (In Russ.)
7. Frank H. Knight. Concepts of risk and uncertainty // THESIS: risk, uncertainty, randomness. 1994;(5):12-28. (In Russ.)
8. Subbotnitsky D. Yu. Risk and uncertainty: the infinite way to the unattainable truth // Izvestia: Herzen University Journal of Humanities & Sciences. 2009;(97):121–125. (In Russ.)
9. Shakhov V. V. Introduction to insurance. M.: Finance and Statistics, 2006. 284 p. (In Russ.)
10. Raizberg B. A., Lozovsky L. Sh., Starodubtseva E. B. Modern Economic dictionary. M.: INFRA-M., 2006. 495 p. (In Russ.)
11. Mierin L. A. Fundamentals of risk management: textbook. St. Petersburg: Publishing House of St. Petersburg. State University of Economics and Finance, 1998. 138 p. (In Russ.)
12. Karanina E. V. Country risks and regional security // Issues of Risk Analysis. 2022;19(3):8–9. (In Russ.) https://doi.org/10.32686/1812-5220-2022-19-3-8-9
13. Algin A. P. The facets of economic risk. M.: Mysl, 1991. 64 p. (In Russ.)
14. Gorbunov V. L., Zhdanova I. V. Risk analysis in financial models of innovative projects // Issues of Risk Analysis. 2025;22(5):74–83. (In Russ.) — EDN: SXSQMO
15. Mitulinsky V. V., Saksin A. G., Vesnin A. A., Turchin E. I. Features of risk management in the implementation of innovative and investment projects in oil industry // Business. Education. Right. 2025;(1):145–152. (In Russ.) https://doi.org/10.25683/VOLBI.2025.70.1243
16. Shemyakina T. Yu., Rotin I. V. Assessing the commercialization of innovative technology as an approach to proactive risk management // Issues of Risk Analysis. 2025;22(3):90–99. (In Russ.) — EDN: OQODMS
17. Demkin I. V., Kovalev S. A., Mitchenko A. A. A Methodological approach to quantifying the risks of disrupting the planned deadlines for the implementation of projects for the supply of new technological equipment to the facilities of oil and gas companies // Issues of Risk Analysis. 2024;21(2):54–77. (In Russ.) — EDN: CMPTES
18. Karpushina K. K., Sumarokov E. V. R&D financing as a driver of economic development in Russia’s innovation policy // Economic Security. 2021;4(2):261–272. (In Russ.) https://doi.org/10.18334/ecsec.4.2.111823
19. Karavaeva I. V. Risks of restraining economic growth: causes and possible solutions // Economic Security. 2019;2(1):5–12. (In Russ.) https://doi.org/10.18334/ecsec.2.1.100616
Review
For citations:
Valiakhmetov I.R., Ajupov A.A. Integration of Risk Management Tools into the Innovative Project Management System of Industrial Enterprises. Issues of Risk Analysis. 2026;23(1):50-59. (In Russ.) EDN: INEXFY
Views:
141
JATS XML
Email this article 