Organizational and economic mechanism of process management for projects in the production of high-tech products by their life cycle stages

Subject. A process-based approach to project management in high-tech manufacturing. Objectives. To develop an organizational and economic mechanism for process-based project management across their life-cycle stages, using high-tech manufacturing as a case study. Methods. An interdisciplinary approach was applied, combining principles of project management, process-based approach, structural-functional analysis, and organizational-economic modelling. Methods of logical and substantive classification, process decomposition, and generalization of domestic and international academic experience on the subject were used. The empirical base comprised scientific journal publications and regulatory documents. Results. An extended project life-cycle model is presented, encompassing the stages of initiation, design, production preparation, manufacturing, testing and certification, operation, maintenance, as well as a stage specific to high-tech manufacturing projects—product modernization and improvement. An organizational and economic process management mechanism has been developed, structured across four management levels. The mechanism aims at end-to-end process coordination, integration of strategic goals with enterprise operational activities, formalized resource management, and performance indicator control. Conclusions. Applying the proposed mechanism allows for improved project controllability and predictability, reduced risks and costs, and efficient resource utilization across all life-cycle stages—including operation and product modernization.