Advances in costs optimization methods – key study of maintenance and restoration of cultural heritage

Jan Pojar (), Daniel Macek (), Renáta Schneiderová Heralová () and Stanislav Vitásek ()
Additional contact information
Jan Pojar: Czech Technical University in Prague
Daniel Macek: Czech Technical University in Prague
Renáta Schneiderová Heralová: Czech Technical University in Prague
Stanislav Vitásek: Czech Technical University in Prague

International Journal of Economic Sciences, 2022, vol. 11, issue 2, 163-178

Abstract: The article deals with the issue of restoration and care of cultural heritage buildings in the Czech Republic. The content is focused mainly on the topic of valuation of construction works. Obtaining quality documents is very important for planning reconstruction and maintenance works on a building of cultural heritage. Proper and timely maintenance work is the key to maintaining the value of the building and increasing its viability.The tool for assessing the economic sustainability of an immovable cultural heritage is a life cycle cost analysis carried out on the basis of relevant input data on the technical parameters of the building, structural elements and equipment, the time period of the occurrence of costs related to them. The analysis becomes an important basis for decision-making by the owner, the designer and the future user on choosing the optimal variant of the technical solution for restoration, also with regard to ecological aspects, cultural and historical value and long-term economic consequences.

Keywords: Costs; optimization; price analysis; valuation of building reconstruction (search for similar items in EconPapers)
JEL-codes: R31 (search for similar items in EconPapers)
Date: 2022
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:aop:jijoes:v:11:y:2022:i:2:p:163-178

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