The paper considers an economic development strategy for Russia and its macroregions as a political document defining key principles of public policy in relation to an object of the strategy. The strategic objectives for Russia are to maintain its territorial integrity and win world’s leading positions; as for the eastern resource regions
– to diversify their economies, achieve population growth and eliminate backwardness of those regions which key indicators are lower than the national average ones. While developing the strategy, we applied a project approach together with mathematical methods. Among other things, we presented, in the context of the mathematical models, the operational definitions of the investment projects effects (direct and indirect; internal and external).
Keywords: strategy, objectives and goals, Siberia, large project, scenario of development, expert, local forecast, multiregional multisectoral model, cost function