Selection of the optimal portfolio construction company taking into account the requests of stakeholders in the formulation of multi-fuzzy

• Likhosherst E.N.

  Vladivostok State University of Economics and Service
  Vladivostok. Russia

• Mazelis L.S.

  Vladivostok State University of Economics and Service
  Vladivostok. Russia

• Vladivostok State University of Economics and Service
  Vladivostok. Russia

The problem of optimal portfolio of investment projects of the construction company on the basis of the utility function, taking into account the needs of key stakeholders: the company’s staff, owners and investors; society; institutions and governments. The utility function along with eco-nomic indicators focused on satisfaction of the owners, staff and investors, includes indicators es-timating the importance of social and public projects. Usage Management enables stakeholders to assess the degree of satisfaction of the expectations of stakeholders, from which depend heavily on investment risks, their changes over time in the medium and long term.

Modeling uncertainty assessment of social and public significance of the project is based on the fuzzy-set approach, which allows to convert verbal expert assessment quantitative indicators. To assess the risks of the project and the portfolio as a whole used the scenario approach, modeling uncertainty of the external and internal environment. An example of application of the proposed method to the formation of a portfolio of real in-vestment projects of companies operating in the construction market of Primorsky Krai. The use of formalized economic-mathematical model allows construction companies to carry out a full as-sessment of the portfolio, which contributes to the development of competitive advantages.

Keywords: optimization of the investment portfolio, method of stakeholders, social significance, fuzzy-set approach.