The dissertation presents a theoretical generalization and a new solution to the scientific task of substantiating the political and managerial aspects of the state in risk management when investing in construction in Ukraine. In particular, the role of state regulation of the investment and construction sphere as a specific management function, which is designed to unite state (public) and private interests, is defined for the formation of rational, large proportions (relations) in the national economy between consumption, accumulation and investment, on the basis of forecasting , strategic planning (indicative, recommendation), budget financing, taxation and other measures of state influence on investment, contracting, real estate markets.
The preconditions, factors and peculiarities of administrative-legal relations of investment activity in construction are determined, which should help to solve such issues as: investment support of structural adjustment of the economy; increasing the volume of investment resources at the expense of all sources and their effective use; definition of priority directions and ensuring the effective use of investments.
It is proved that the specificity of state regulation of investment risks is determined by the purpose of investment. The importance of correctly defining the purpose of investments follows from the need to limit the temporal and spatial horizons of public investment risk management. It is the purpose of the investment that determines the appropriateness of public administration for one or another risk and is the primary criterion for effective risk management.
The problems of lack of a single point of view concerning both classification and understanding of the essence of some types of investment risks are revealed. The reason is their diversity and, consequently, the complexity of the complex or hierarchical representation of the whole set of investment risks, bringing them into a single system of risk space.
The perspective mechanisms of public risk management in the process of state regulation of investment activity in construction that are able to carry out state regulation and stimulation of investment-building processes, forecasting of strategic directions of investment activity, determination of necessary volume of investments, accounting and control of the results of management of investment and construction projects are diagnosed.
The conceptual model of structural and functional provision of the state policy of management of investment process in construction has been developed, which considers the fundamental directions and principles that enabled us to consider the state investment policy as a unity of interconnected components: goals, tools, measures to achieve the goals, expected results and consider the impact. management system. Through the toolkit specified in the model, the investment process is regulated, the investment activity and investment attractiveness of the regions are carried out based on the regional rating, the required investment volume is determined, and the accounting and control of the results of management of the investment process in the field of construction is carried out.