Methodological approaches to assessing the innovativeness level of investment and construction projects

The article presents the results of the analysis of the existing approaches to innovations evaluation in international and Russian practice. The authors examine the nature of the concept of “innovation”, especially innovation projects, methodological tools to measure various objects’ innovativeness level as well as innovative project economic efficiency assessing methods. It should be noted that at the legislative level up to date in the process of formation and implementation of capital construction projects there are no eligible requirements and assistance from public authorities to the developer for creating innovative products, providing the appropriate level of services. And if the financial indicators of the project are more or less clear, the level of innovativeness of them is much more complicated, although the requirements on the innovativeness of the projects are included in the Strategy of innovative development of Russia. The analysis shows that in Russian and international practice there are many approaches to assessing innovations, but they cannot be considered universal and they are applied differentially depending on the goals and tasks of applying the results of scientific achievements in the form of intellectual property to improve the efficiency and competitiveness of industries, products, services. In this case individual, specific evaluation method is selected and implemented basing on taking into account all the legal, economic, technical and other aspects. As a result, the author concluded that the innovativeness level rating requires development, which is in its analytical capabilities to provide flexible management tool, which can be applied at all the stages of the investment and construction project life cycle