Evolution of Project Management in Integration Development Trends of Today's Russia

Abstract

Today's development trends are affected by many external and internal factors, stepping up globalization processes, faster innovation cycles, negative effects of various bans, import and export sanctions slapped on some categories of goods, technologies, capital, etc. Tit-for-tat responses of the economic systems seek sustainable development of countries taking part in the integration processes. A radical-yet-constructive strategy that deepens integration can tackle the problem. Its focus is determined by the need to upgrade the economies of the former Soviet Union; while a mutual interest in the rollout of the synergistic integration potential channels common efforts on transcontinental megaprojects. A new type of integration projects creates comprehensive methods of project management. They feature the need for information transparency and controlled alignment of innovation, investment, construction and resource capacities of member countries. With streamlined resource flows, the Eurasian transit will help facilitate and cut costs of commodity exchange among countries, provided they take synchronized efforts in not just technical and technological, but also organizational, economic, legal and IT innovations.