Audit and risk management in the implementation of intellectual investment projects

In the conditions of market transformation of the surrounding economic space, the importance of creating effective systems for identifying and countering continuously increasing risk increases many times, but standard techniques and methods do not always contribute to achieving the strategic goals of an economic entity. Predicting the effectiveness of intellectual projects, which are characterized by a higher level of uncertainty and a non-standard nature of practical implementation, is particularly difficult. From the author’s point of view, the formation of a comprehensive and effective risk management system is a key direction in the implementation of innovative projects, which makes it necessary to conduct a risk audit of project activities. The purpose of this article is to develop tools for analyzing risk situations and their potential forecasting, taking into account the intellectual orientation of project activities. The result of this article was the formation of a model for monitoring and assessing the risk of investment projects, which in the future can be used in the construction of practical risk management tools. Limitation of this model is the complexity of calculating risk factors, which must be adapted for each individual enterprise, taking into account the specifics of its activities. In the future, it is planned to develop the methodological apparatus of the proposed tools for its direct testing at industrial enterprises.