A.A. Safina, E.G. Nikiforova, D.S. Shakirova, Estimation Procedure of Industrial-Engineering Communication (IEC), International Business Management, Volume 10,Issue 23, 2016, Pages 5559-5563, ISSN 1993-5250, ibm.2016.5559.5563, (https://makhillpublications.co/view-article.php?doi=ibm.2016.5559.5563) Abstract: This study has summarized some aspects of industrial-engineering communication estimation procedure. It has shown up faults of such effectiveness research methods as industrial analysis ratio forming part of the communication, game theory, input-output balancing. There has been proved the method industrial-engineering communication estimation procedure. The method consists of qualitative analysis of industrial-engineering communication and its effect on the level of transaction cost and enterprises value, effectiveness of such communication from the view of social and infrastructural development. Mathematical method is based on the functional analysis and calculating the flexibility of transaction cost function which are formed in the result of the industrial-engineering communication development. Keywords: Industrial-engineering communication;technological conversion;vertical integration;transaction cost;effectiveness;functional analysis;cooperation;enterprise value