Abstract:

Successful realization of projects has become an especially difficult and complex challenge because of the hard economic and political situation in the country. Hence methods of assessing risk and profitability of both an individual project and the whole portfolio on the basis of the market index analysis have become a priority. The Sharpe model has not been used in the portfolio formation practice before. The application of this model will allow optimizing the calculation of the risk and profitability of a project portfolio. The development of methods and models of forming the investment projects portfolio and of planning its realization with the capabilities of the enterprise and the impact of various risks taken into account has become a topical scientific and practical challenge. By means of the risk management processes project managers increase the likelihood of the occurrence risk events and their impact on the project and decrease the likelihood of the occurrence and impact of unfavorable risk events that can have a negative effect on the profitably of the project. Assessment of the current state of the enterprise is a crucial stage in determining the portfolio, because it is necessary to assess resource and technological capabilities of the enterprise to perform project work. Diversification significantly reduces the risk. The assessment of the current state of the enterprise is carried out by means of the available methods of technological, resource, and managerial analysis. To simplify the analysis and facilitate the calculation, the model of assessing profitability and a project portfolio risk is considered on the basis of the Sharpe model. If the market is stable and predictable, the application of this model allows assessing the risk and profitability of an individual project or the whole project portfolio on the basis of the market index analysis. Author Biographies Олександр Миколайович Пшінько, Dnipropetrovsk National University of Railway Transport named after Academician V. Lazaryan, str. Academician Lazaryan, 2, 49010, Dnipropetrovsk Doctor of Technical Sciences, Professor, Head of the Department Department of Project Management, Building and Building Materials

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