Targeted Management of the Regional Human Development

The main investment resource of the region’s economy changes in the condition of transition to the sixth technological way. So, therole of human capital, its components and derivatives in the development of the territory has increased more than ever before. It haspushed into background the financial capital, which was the main investment resource of the fourth technological way. Therefore themethodology of target management by human development has high relevance. In the article there is a definition of region’s human development,that describes the elements and the factors shaping it. Special attention is paid to the methodology of target managementby region’s human development, that bases on internal dynamic model of socio-economic territorial system. For model developmentwe used the technology of cognitive modeling. It is modern technologies of system analysis, the methodology of which was developedat the Institute of Control Sciences of the Russian Academy of Sciences. All the researches were carried out on the example of the Rostovregion. It is the average subject of the Russian Federation located in the south of the country. The territory of Rostov Region is some100.8 thousand square kilometers and equals to the territories of Belgium, the Netherlands and Denmark taken together.