Please use this identifier to cite or link to this item: https://dspace.uzhnu.edu.ua/jspui/handle/lib/29034
Title: Development of methodology of alternative rationale for financial ensuring of bridges building
Other Titles: Development of methodology of alternative rationale for financial ensuring of bridges building
Authors: Брітченко, Ігор Геннадійович
Britchenko, Igor
Bezpartochnyi, Maksym
Levchenko, Yaroslava
Keywords: financial support for bridge construction, physical wear, failure, economically sound decision, effectiveness of the invested resources
Issue Date: 2020
Publisher: VUZF, Sofia (Bulgaria)
Citation: Britchenko I. Development of methodology of alternative rationale for financial ensuring of bridges building/Britchenko Igor, Maksym Bezpartochnyi, Yaroslava Levchenko//VUZF review. – VUZF, Sofia (Bulgaria). - № 5(1). - 2020. - P. 43-49
Abstract: The purpose of the article isto develop a methodology for alternative substantiation of financial support for bridge construction. To achieve the purpose, the following general scientific and special methods and techniques of research were used: “golden ratio”rule; systematization and generalization; generalization of the results of the analysis and the logical generation of conclusions. Initially, the article analyzed the state of bridge structures in Europe and Ukraine. Based on the analysis, a disappointing situation has been identified, namely that a significant ratio of bridges number require major overhaul or are in critical condition. During the research, the following tasks were solved, namely: physical wear of the bridge as a failure was considered;the feasibility of investing in reconstruction or new bridge construction was determined.For the purpose of rational use of financial resources, which are limited in the age of economic challenges, and on the basis of the rule of “golden proportion”, the maximum percentage of investment in reconstruction is determined. If the limit is exceeded, it is decided to build a new bridge. This result allows making an economically sound decision and evaluating the effectiveness of the invested resources. It is proved that if the wear index of the overhaul bridge construction is higher than the wear rate of the new bridge construction by λ2/ λ1, and the amount of funds for overhaul reaches 70% of the funds needed to build a new one, it is better to build a newbridge.
Description: The purpose of the article isto develop a methodology for alternative substantiation of financial support for bridge construction. To achieve the purpose, the following general scientific and special methods and techniques of research were used: “golden ratio”rule; systematization and generalization; generalization of the results of the analysis and the logical generation of conclusions. Initially, the article analyzed the state of bridge structures in Europe and Ukraine. Based on the analysis, a disappointing situation has been identified, namely that a significant ratio of bridges number require major overhaul or are in critical condition. During the research, the following tasks were solved, namely: physical wear of the bridge as a failure was considered;the feasibility of investing in reconstruction or new bridge construction was determined.For the purpose of rational use of financial resources, which are limited in the age of economic challenges, and on the basis of the rule of “golden proportion”, the maximum percentage of investment in reconstruction is determined. If the limit is exceeded, it is decided to build a new bridge. This result allows making an economically sound decision and evaluating the effectiveness of the invested resources. It is proved that if the wear index of the overhaul bridge construction is higher than the wear rate of the new bridge construction by λ2/ λ1, and the amount of funds for overhaul reaches 70% of the funds needed to build a new one, it is better to build a newbridge.
Type: Text
Publication type: Стаття
URI: https://dspace.uzhnu.edu.ua/jspui/handle/lib/29034
ISSN: 2534-9228
Appears in Collections:Наукові публікації кафедри фінансів і банківської справи

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