The article states that during the years of independence the construction industry went through a thorny path of trial and error, because in the initial stages of its formation construction companies did not have sufficient knowledge and practical skills, worked according to old, still Soviet standards. At present, the experience of Ukrainian builders is much greater, enriched with new knowledge and approaches, but despite this, it still cannot compete with the experience and traditions of the construction industry in Western countries, where the management of investment construction projects is not the first decade is carried out through development support of projects. It is emphasized that despite the antiquity of the concept of “development”, the existence of unanimity, both opinions and approaches to the interpretation of its substantive component, among domestic scientists is absent. It is emphasized that the main function of development is to promote the project from the initial idea to the sale of real estate or rent it to the final consumer for a fee. The variety of interpretations of the concept of “developer” is unified and the scientific thesaurus is supplemented by its author's definition according to the functional approach, as a system of relations that arise during the implementation of projects for construction or transformation (renovation) of real estate to preserve its value. Distinctive features of development support are considered, its advantages over traditional forms of organization of project activity are emphasized: financial responsibility of the developer for results of investment activity; creation of stable business relations at the production and management level; improving the financial results of activities by reducing the cost of the project, minimizing the risks of investors, etc. Each of the stages of development support of construction projects is briefly analysed. It is proved that development support of projects during the cycles of their promotion and implementation allows due to the optimal combination of goals, deadlines, costs, risks, quality of construction work and user preferences, to ensure the effectiveness of construction project management and success.
Левченко et al. (Tue,) studied this question.