Economic efficiency of the introduction of the automated locomotive reliability management system

Railway transport has its characteristic features: a specific investment structure, its relatively high capital intensity and duration of implementation of innovative projects, technological continuity of the production process, and much more. The specified features are also appropriate to service locomotive depots and actively influence the development of methodological approaches to assessing the economic efficiency of innovative projects. Of course, the main task of innovative projects is not to increase their number, but to increase the long-term efficiency of the transport company. To achieve this goal, according to the authors, it is advisable to use the balanced scorecard (BSC), which is an element of the company’s strategic management, but it must be adapted to innovative projects. The use of the balanced scorecard in the service locomotive depot of the railway transport system will allow the industry to reach a new level of functioning and make it possible to assess the economic efficiency of innovative projects as objectively and accurately as possible. The proposed methodology for assessing the effectiveness of an innovative project makes it possible, on the one hand, to economically justify the project, on the other hand, to monitor production efficiency both for the purposes of the project itself and to stimulate the innovative activity of the enterprise. With that, the result of an innovative project is considered not as static, but as a set of indicators for its implementation, which has specific dynamic, economic, financial, technical, technological and other characteristics.