Formation of Relations Between Financial Model and Economic Model and Optimization of Project Decisions
Narmin Hasanova 
Abstract. In the modern economic environment, the correct establishment of mutual relations between the financial model and the economic model is of particular importance for the effective management of projects and the efficient use of resources. This article examines the issues of integrating financial indicators with economic factors, improving decision-making mechanisms in the project planning process, and forming optimal management approaches. Within the framework of the study, the main factors affecting the financial sustainability of projects, risk assessment methods, and the application of flexible decision models in conditions of economic volatility were analyzed. In modern project management, the effective formation of relationships between financial and economic models plays an important role. The coordinated application of both models allows for risk reduction, more effective management of available resources, and achievement of the project's strategic goals. In this regard, the joint study of financial and economic models is not only of theoretical importance, but is also considered important for practical activities.
Keywords: financial model, economic model, project decisions, optimization, risk management