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Kuz'min E.A., Dubrovskiy V.Zh., Semenovykh S.M. The questions of methodology in risk management of theory development programs from the perspective of the concept of life cycle

Abstract: In this research the authors attempt to scientifically substantiate the links and interconditionality of risks from the stages of life cycle of projects and programs of theory development, which are predominantly realized in the form of public-private partnership (PPP). This work makes an emphasis on determining the succession of the stages of life cycle with references to quantitative methods of identification. In generalization of their outlooks upon the mentioned problem, the authors propose an original solution in theoretical search for regularities in repetition of the periods of financial growth and decline. The article substantiates an original approach towards structuring a model of life cycle of projects and programs of theoretical development, and determines the general principles of its structuring. The article presents the conclusions on determinateness of density and richness of risks, as well as their contingency upon specificity of a particular stage of life cycle. Solution of the issue of observability of stages allowed the authors to substantiate the presence of ideal and actual trajectory of project development that is in accord with the life cycle.


Keywords:

Stages of life cycle, Cyclicity, Development projects, Stability, Development trajectory, Risk management, Uncertainty, Public-private partnership, Structural gap, Cointegration management


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