A methodological toolkit for investment project assessment and decision-making using enterprise information systems

This article examines a methodological toolkit for the assessment of and decision-making regarding investment projects at high-tech enterprises, based on the combined use of three classes of information systems: PLM (Product Lifecycle Management), PPM (Project and Portfolio Management), and ERP (Enterprise Resource Planning). The objective of this study is to develop a system of metrics and a managerial decision-making algorithm integrated with data sources within the aforementioned systems to enhance the soundness of investment decisions at every stage of project implementation. The methodological framework draws upon structural-functional analysis, methods of systematization and classification, and logical modeling. As a result, the selection of these three classes of information systems is substantiated; furthermore, a system of metrics comprising eight distinct groups has been developed, differentiated by project stage and linked to specific data sources (PLM, PPM, and ERP). An original decision-making algorithm is proposed which, in addition to standard economic efficiency metrics (NPV, IRR, PI, discounted payback period), incorporates the project's strategic significance particularly for projects executed under the State Defense Order aimed at critical import substitution or the creation of platform-based technological solutions. The algorithm incorporates multi-level filtering, a phased reduction of uncertainty through R&D activities, and feedback loops designed to facilitate project adjustments or termination. It is demonstrated that the integration of these systems can be achieved via a data bus utilizing the Russian-developed solution "Arenadata Harmony MDM". Finally, the limitations of the proposed toolkit are identified, specifically those related to the prerequisite of having fully operational PLM, PPM, and ERP systems in place, as well as the costs associated with the methodological and organizational support required for their integration.

1. Denisenko S.A., Bulygin F.V., Prilepko M.Yu. Current national priorities of the Russian Federation the basis of the draft Strategy for Ensuring the Uniformity of Measurements in the Russian Federation until 2035 // Legislative and Applied Metrology. 2023. No. 4 (184). Pp. 19–25. EDN SQVHEV.

2. Naugolnova I.A., Letunov E.A. Directions for improving the competitiveness of an industrial enterprise in the era of the digital economy // Informatization in the Digital Economy. 2023. Vol. 4, No. 3. Pp. 295–306. doi:10.18334/ide.4.3.119244. EDN DFFWJH.

3. Suslov D.N., Tabakaeva M.R. Analysis of the current state and development prospects of enterprises of the knowledge-intensive industry of the Russian Federation // Economy and entrepreneurship. 2024. No. 2 (163). Pp. 1003–1007. doi:10.34925/EIP.2024.163.2.197. EDN VAVPQO.

4. Design of scientific and technical complexes using advanced information and communication technologies / P.A. Tsikh, N.A. Lebedeva, A.V. Levina [et al.] // Competitiveness in the global world: economics, science, technology. 2025. No. 1. Pp. 271–274. EDN IFJEAU.

5. Makieva A. Digital transformation of life cycle management of knowledge-intensive products // Standards and quality. 2025. No. 5. Pp. 10–11. EDN NFZSES.

6. Abuzov A.Yu. Management of investment projects at high-tech enterprises of the industrial sector of the economy // Finance and credit. 2025. Vol. 31, No. 12. Pp. 152–162. doi:10.24891/eothvp. EDN EOTHVP.

7. Egorova D.A., Fadin D.A. Review of key issues in managing the corporation's investment portfolio // Financial Markets and Banks. 2024. No. 4. Pp. 32–36. EDN WVBOVE.

8. Nikulin M.V. Portfolio management system for innovative technological development projects of industrial companies // Financial markets and banks. 2025. No. 8. Pp. 370–374. EDN FYZFHI.

9. Medvedev A.V. Investment decision support system for assessing the effectiveness of innovative projects // Scientific review. Economic sciences. 2023. No. 3. Pp. 16–20. doi:10.17513/sres.1126. EDN PXEHAF.

10. Bratarchuk T.V., Ragulina Yu.V., Yaremchuk N.V. Features of the formation of methodological approaches to the assessment of investment projects for the creation of science-intensive products // Creative Economy. 2023. Vol. 17, No. 5. Pp. 1619–1636. doi:10.18334/ce.17.5.117795. EDN QFZWYV.

11. Kotov V.I., Kalimullina O.V., Egorova M.A. Dynamic model of cash flows a tool for forecasting the performance indicators, payback and risk of investment projects // Electrosvyaz. 2025. No. 10. Pp. 50–62. doi:10.34832/ELSV.2025.72.10.005. EDN XXLUPN.

12. Kislyakov A.N., Mishchenko A.V. Risk management in investment projects: an integrated approach to analysis and minimization // Kant. 2024. No. 4 (53). Pp. 62–69. doi:10.24923/2222-243X.2024-53.9. EDN DTIOUP.

13. Leonov A.V., Matveeva E.E. Information economic and mathematical methods, models and tools for assessing investment decisions // Economy and entrepreneurship. 2023. No. 2 (151). Pp. 986–989. doi:10.34925/EIP.2023.151.2.192. EDN QHCPTV.

14. Integration of information technologies in investment management: prospects and challenges / K.D. Kashirin, D.V. Yakovlev, V. Burdik [et al.] // Innovations and investments. 2024. No. 6. Pp. 43–46. EDN FODXRU.

15. The best in SAP! // PJSC T Plus. URL: https://www.tplusgroup.ru/org/komi/news/single/item/luchshie-v-sap/ (date of access: 28.03.2026).

16. Metalloinvest has implemented an automated investment portfolio management system at its enterprises. URL: https://www.metalloinvest.com/media/press-releases/761543/?utm_source=yandex.ru&utm_medium=organic&utm_campaign=yandex.ru&utm_referrer=yandex.ru (date of access: 01.04.2026).

17. Economic assessment and investment management in the process of ensuring the strategic efficiency of enterprise development : monograph / O.A. Bulavko, I.A. Naugolnova, G.I. Yakovlev [et al.] ; under the general editorship of O.A. Bulavko ; Samara State University of Economics. Samara : SSUE Publishing House, 2025. 1 CD-R. ISBN 978-5-00176-222-5. EDN NURDZR.

18. LOTSMAN:PLM: program overview. URL: https://ascon.ru/products/loodsman-plm/ (date of access: 27.03.2026).

19. LM Soft Enterprise Project Management. URL: https://lmsoft.ru/products/ppm/ (date of access: 27.03.2026).

20. Functional Capabilities of "1C:ERP Enterprise Management" ("1C:ERP"). URL: https://v8.1c.ru/erp/funktsionalnost-1s-erp/ (date of access: 22.03.2026).

21. Arenadata Harmony MDM (AD.MDM) an MDM system for master data management. URL: https://arenadata.tech/products/arenadata-harmony-mdm/ (date of access: 01.04.2026).

22. Development of a system for integrating design and technological data between domestic PDM and ERP systems GlobalCIO|DigitalExperts. URL: https://globalcio.ru/projectoftheyear/list/44815/ (date of access: 29.03.2026).

23. Kazantsev M.A., Fokin E.I., Chemidov I.V. Integration of information systems in electronic production // Advances in modern radio electronics. 2018. No. 12. Pp. 9–12. doi:10.18127/j20700784-201812###02. EDN YWYRUD.

24. Projects. URL: https://www.ascon-ufa.ru/project (date of access: 28.03.2026).

25. We received a unified information environment for the joint work of all departments: PSM Plant LLC on the experience of using Appius-PLM // APPIUS Group. URL: https://www.appius.ru/news/4392/ (date of access: 28.03.2026).

26. How the renowned Kalashnikov Concern plans to meet import substitution requirements in IT // ITWorld.ru. URL: https://www.it-world.ru/cionews/fdoxv9qac9sgwg8o84ocwwk4cgog4ws.html (date of access: 28.03.2026).