Methodical Principles of Evaluation of Competitive Ability of Construction Industry and Real Estate Development Companies

Abstract

Based on systematization of methods and criteria of evaluation of competitive ability the present authors have substantiated the comparative principle of competitive ability. Selection algorithm of methodological instrumentarium for analytical competitiveness assessment was developed; a modification of a rating-based model of evaluation of competitive ability with the application of calculation and expert based methods have been presented as consequence. Obtained results in terms of time series provide representativity of arrays of information and significantly increase reliability of assessment. The method was tested by evaluating the competitive ability of several large real estate development companies and that of the construction industry.