ASSESSMENT OF ECONOMIC EFFICIENCY OF CONSTRUCTION PROJECTS AND MODERN MECHANISMS FOR ITS IMPROVEMENT
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Keywords

construction projects, economic efficiency, NPV, IRR, LCC analysis, BIM, digital twin, artificial intelligence, Industry 4.0, sustainable development

How to Cite

Uzbekova , E. (2026). ASSESSMENT OF ECONOMIC EFFICIENCY OF CONSTRUCTION PROJECTS AND MODERN MECHANISMS FOR ITS IMPROVEMENT. Journal of Science and Innovative Research Studies, 1(3), 49-55. https://doi.org/10.5281/zenodo.18956535

Abstract

This article examines the theoretical and practical foundations of assessing the economic efficiency of construction projects. Traditional indicators - net present value (NPV), internal rate of return (IRR), and life-cycle cost (LCC) analysis - are taken as the basis. The limitations of static methods in dynamic market conditions are analyzed, and modern mechanisms for improving efficiency are proposed: Building Information Modeling (BIM), digital twin technology, artificial intelligence, big data analytics, and blockchain. The integration of these digital tools enables real-time monitoring, risk reduction, resource optimization, and a significant increase in project profitability. The study emphasizes the transformative role of Industry 4.0 technologies, demonstrating the potential to reduce costs by 15–30 % and enhance the competitiveness of the construction sector in developing economies.

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