This article examines modern principles of project management theory and their role in contemporary economic processes. In the context of globalization and increasing competition, effective project management has become a crucial tool for both the public and private sectors. The study emphasizes the importance of strategic planning, clearly defining project goals, and assessing potential risks in advance to ensure successful project implementation. The research analyzes the rational use of resources, the establishment of effective communication among project stakeholders, and the appropriate distribution of responsibilities within the project team. It is noted that team cohesion, coordinated actions, and the motivational role of the project leader are key factors that contribute to achieving project success. Special attention is given to the development of project management practices in the context of the Republic of Uzbekistan. The article highlights the processes of infrastructure modernization, implementation of innovative technologies, realization of governmental programs, and investment projects. The necessity of improving management mechanisms to achieve sustainable socio-economic results is underlined

This study analyzes the current state of innovation project management practices in industrial enterprises of the Republic of Uzbekistan. Using major companies such as UzAuto Motors, Almalyk MMC, Navoi MMC, Uzbekneftegaz, and Uzkimyosanoat as case studies, the research examines technological modernization processes, innovation management systems, and factors influencing their efficiency. Statistical, comparative, and content analysis methods were applied to develop practical recommendations for improving innovation project management mechanisms at the enterprise level

This article analyzes the risks involved in financing innovation projects and the methods of managing them, as well as the mechanisms for effective investment flow management. Based on global and local experiences, it examines models of innovation support through venture capital, startup funds, government grants, and other financial sources. The study covers the main components of risk management like probability assessment, insurance, diversification, and monitoring systems. Practical recommendations for improving the system in the context of Uzbekistan are developed

In this article, it is necessary to increase the competitiveness of products of small service enterprises through the rational use of limited factors of production, as well as mutually agreed upon decisions, innovative development and actions in the main areas of activity and development of the enterprise, which determine its internal and external behavior.