Subject Investment projects are an effective tool of modern business. Investment activity contributes to technological and social modernization of the economy, creation of new production structures and development of existing ones. Owing to investment activity, new jobs, products and services appear in the market. Investment activity usually implies simultaneous implementation of several investment projects, which may start with some shift in time. Effective implementation depends on the funding technology, therefore, it is important to develop tools in the form of models, methods, algorithms and software, enabling to provide a formal representation of the set of alternative technologies to finance a number of projects and to choose an optimal technology. Objectives The purpose of the work is to create a mathematical model of the optimal technology formation to finance a set of investment projects and to develop algorithmic tools and software for financial management of investment projects. Methods The offered optimizing mathematical model formalizes the procedure for generation of cash flows from investment projects that are realized within one organizational structure. The type of this model is the model of linear programming. Results Thealgorithmic tools and the software developed on the basis of the model enables to automate the process of assessing efficiency of various alternative technologies of financing the projects and choosing the best of these technologies. Conclusions The experimental calculations made on the basis of the offered mathematical model and corresponding algorithm and software show rather high efficiency of use of technologies for financing the projects in the practice of investment project development.
Keywords: investment project, criterion, efficiency, mathematical model, linear programming
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