The Methods of Value Management to Support Decision-Making of Urban Regeneration Projects

  • Kang, Hyun-Koo (Architecture Research Department, Heerim Architects & Planners Co., Ltd.) ;
  • Yu, Jung-Ho (Department of Architecture Engineering, Kwangwoon University) ;
  • Kim, Chang-Duk (Department of Architecture Engineering, Kwangwoon University) ;
  • Son, Bo-Sik (Department of Architecture Engineering, NamSeoul University)
  • Published : 2009.05.27

Abstract

The paradigm of urban generation does not lie in physical development/maintenance such as urban redevelopment any more. The paradigm is shifting to balanced activation of administration / management functions including central commerce/business functions, broad culture/tourism functions, international functions and adequate level of residence functions. The urban regeneration project aims to restore functions of cities by physical/environmental, living/cultural and industrial/economical regeneration and is managed differently from existing projects in that it includes multiple sub-projects in it. The overall projects management should be by managing the value sought by the urban regeneration project and multiple other sub-projects. The objective of this study is to present various methods of value management in order to avoid conflicts between various objectives within the said project. It aims to provide the value management methods for decision making by understanding correlatedness between values of various projects and prioritizing them.

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Acknowledgement

This research supported by a grant (07UrbanRenaissanceA03) from High-Tech Urban Development Program funded by the Ministry of Construction & Transportation of Korean Government.