METHODOLOGICAL TOOLKIT FOR THE EFFICIENCY OF SMART CITY PROJECTS

Abstract

It was emphasized that the concept of "smart city" is aimed at the integration of modern technologies, investments in human and social capital, as well as effective management to improve the quality of life and sustainable development of urban areas. The basis for decision-making regarding the implementation of "smart city" projects is the analysis of their effectiveness and feasibility, since an innovative solution should provide social and economic effects along with technological advantages. Limited budgetary resources require a rational approach, in particular, the use of cost-benefit assessment to determine priority areas of investment. The article proposes the use of a value-priority approach to the evaluation of "smart city" projects, which is based on a three-level analysis model and takes into account key aspects from the point of view of public management. This model examines the project in terms of compliance with the "smart city" strategy, its contribution to the development of various components of the "smart city", as well as the socio-economic value that the project creates for the community. The proposed methodical approach provides an opportunity to comprehensively evaluate "smart city" projects, taking into account both socio-economic indicators and long-term benefits for the community. This contributes to the effective management of resources, increasing the well-being of residents and ensuring the sustainable development of urban areas. The proposed methodical approach can become the basis for the development of an appropriate regulatory act that will regulate the process of evaluating "smart city" projects at the state or local level. This will allow to standardize approaches to the evaluation of socio-economic indicators, taking into account direct and indirect effects, and will also ensure the effective allocation of resources.