Problems of cost engineering application in the Russian Federation

The article is devoted to the analysis of current problems that prevent the widespread use of cost engineering (hereinafter referred to as SI) in the Russian Federation (hereinafter referred to as RF). Despite the growing interest in SI as a tool for optimising costs and improving project efficiency, its practical application faces a number of barriers. The purpose of the article is to formulate the main problems of the application of cost engineering in the RF and to predict its prospects. In the course of the research, methods of system analysis, structural and logical analysis were used within the framework of the general methodological system-information approach. A brief description of SI is given. The reasons limiting the effectiveness of the implementation of SI are investigated, such as the lack of uniform standards and methodologies, and the lack of qualified specialists in this field. The article analyses the problems associated with the cultural component of the organisation, its financial constraints, lack of government support, superficial analysis of the value of the product or service itself, lack of educational programmes and weak motivation of specialists. Unwillingness to change, lack of trust in SI and insufficient funding prevent its widespread implementation. The prospects for the application of cost engineering are considered, and Russian companies that have already introduced SI into their practice are mentioned. In conclusion, recommendations are offered to solve existing problems that will help improve the efficiency of processes in the company and reduce costs, such as the formation of a legislative and regulatory framework, the development of specialist competencies, changing the business culture of organisations, and providing financial support. The article will be of interest to specialists in the field of project management, construction, engineering, as well as heads of organisations interested in optimising costs and improving the efficiency of their activities.