LIMIT VOLUME OF INVESTMENTS AT VARIOUS STAGES OF THE INVESTMENT PROJECT IMPLEMENTATION IN THE FORM OF CAPITAL INVESTMENTS

            The subject of the research is the issue of applying a variable approach for determining the volume of investments during the implementation of investment project in the form of capital investments, in modern Russian conditions. The foreign practice of assigning the expected range of accuracy of determining the volume of investments for constructions at each stage of the life cycle of the investment project was considered and adapted to the domestic conditions for the implementation of investment project. A variable approach is proposed to determine the volume of investments for the construction of facilities in order to calculate investment efficiency indicators in the form of capital investments. The concepts of the limit volume of investments for the construction of a capital construction facility for assessing the efficiency of investments and the ratio of the investment efficiency scenario are formulated. Justified by calculations and assigned ratios of the investment efficiency scenario for the pessimistic, basic and optimistic scenario for each stage of the life cycle of investment projects in the form of capital investments. According to the author, the application of the proposed approach will increase the efficiency of investments in the form of capital investments, during implementing investment projects in modern domestic conditions, including those implanted in state corporations with state support.