Management of innovative projects and products in the conditions of digitalization and turbulent environment

Managing innovative projects and products in a turbulent environment characterized by the BANI (Brittle, Anxious, Nonlinear, Incomprehensible) framework is extremely relevant for Ukraine. Full-scale war, economic instability, infrastructure disruptions with a probability of power outages of 0.6–0.7 and the migration of 6 million displaced persons create a complex environment where traditional project management models lose their effectiveness due to their inflexibility. At the same time, innovation is the key to Ukraine’s recovery, competitiveness and integration into the global innovation space. A value-based approach that takes into account social, economic, environmental, technological and ethical aspects becomes necessary for proactive risk management and maximizing opportunities in such conditions. The relevance of the research is enhanced by the need for adaptive tools that allow turning uncertainty into competitive advantage, especially in the context of the rapid development of technologies such as artificial intelligence (AI) and Building Information Modelling (BIM). The product of the research is a model of risk and opportunity management of innovative projects and products in a turbulent environment, based on a value system and a value approach. The model integrates AI for risk and demand forecasting, BIM for modelling, and IoT for real-time monitoring. Multi-criteria analysis of values in the areas of social, economic, environmental, technological, and ethical, with weighting factors for determining priorities. Scenario planning and Agile approaches for adapting to uncertainty. The research process included studying the turbulent environment of Ukraine (war, economic crisis) and its impact on innovative projects, defining a value approach as a basis for management, with an emphasis on social, economic and environmental values. Integration of AI based on forecasting, BIM for modelling and scenario planning into a single system focused on maximising value. It has been proven that the value approach, combined with AI and BIM, increases the adaptability of projects in the BANI environment, thereby reducing risks and opening up new opportunities. The study confirms that the risk and opportunity management model based on the value approach is an effective tool for innovative projects in a turbulent environment. It allows not only to minimize the negative impact of uncertainty but also to create additional value, contributing to economic, environmental and social development. Examples from Kyiv demonstrate how the synergy of technology, ecology and social needs transforms challenges into opportunities.

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Publication Details

Journal
Environmental Safety and Natural Resources
Published
2025-06-20
DOI
https://doi.org/10.32347/2411-4049.2025.2.101-109
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
0.00
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article

Management of innovative projects and products in the conditions of digitalization and turbulent environment

Natalia Bushuyeva, Yevhen Lobok, Gleb Murovansky
Environmental Safety and Natural Resources
Economic and Technological Developments in Russia
article

Management of innovative projects and products in the conditions of digitalization and turbulent environment

Natalia Bushuyeva, Yevhen Lobok, Gleb Murovansky
article en

Abstract

Managing innovative projects and products in a turbulent environment characterized by the BANI (Brittle, Anxious, Nonlinear, Incomprehensible) framework is extremely relevant for Ukraine. Full-scale war, economic instability, infrastructure disruptions with a probability of power outages of 0.6–0.7 and the migration of 6 million displaced persons create a complex environment where traditional project management models lose their effectiveness due to their inflexibility. At the same time, innovation is the key to Ukraine’s recovery, competitiveness and integration into the global innovation space. A value-based approach that takes into account social, economic, environmental, technological and ethical aspects becomes necessary for proactive risk management and maximizing opportunities in such conditions. The relevance of the research is enhanced by the need for adaptive tools that allow turning uncertainty into competitive advantage, especially in the context of the rapid development of technologies such as artificial intelligence (AI) and Building Information Modelling (BIM). The product of the research is a model of risk and opportunity management of innovative projects and products in a turbulent environment, based on a value system and a value approach. The model integrates AI for risk and demand forecasting, BIM for modelling, and IoT for real-time monitoring. Multi-criteria analysis of values in the areas of social, economic, environmental, technological, and ethical, with weighting factors for determining priorities. Scenario planning and Agile approaches for adapting to uncertainty. The research process included studying the turbulent environment of Ukraine (war, economic crisis) and its impact on innovative projects, defining a value approach as a basis for management, with an emphasis on social, economic and environmental values. Integration of AI based on forecasting, BIM for modelling and scenario planning into a single system focused on maximising value. It has been proven that the value approach, combined with AI and BIM, increases the adaptability of projects in the BANI environment, thereby reducing risks and opening up new opportunities. The study confirms that the risk and opportunity management model based on the value approach is an effective tool for innovative projects in a turbulent environment. It allows not only to minimize the negative impact of uncertainty but also to create additional value, contributing to economic, environmental and social development. Examples from Kyiv demonstrate how the synergy of technology, ecology and social needs transforms challenges into opportunities.

Environmental Safety and Natural ResourcesVol. 54(2)
Weatherford College (US), Human Growth Foundation (US)
Openalex Percentile: Top 58%
Economic and Technological Developments in Russia
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