Practical Aspects of Modeling the Life Cycle of Cultural Heritage Sites

Abstract

Aim. The presented study aims to identify stages in the life cycle of a cultural heritage site (hereinafter — CHS) and determine the specific aspects of calculating the estimated cost of restoration and renovation works depending on the stage of the CHS life cycle.Tasks. The authors analyze regulations and guidance documents establishing the procedure for calculating the cost of work performed on a CHS during its entire existence; examine major stages in the real estate life cycle; develop a CHS life cycle model, outlining the main stages of its existence; determine the relationships between the real estate management system and the cost management system for CHS preservation.Methods. The theoretical and methodological basis of the study includes the provisions of the theory of management, cost engineering, pricing in construction, scientific works and practical results of Russian experts on the subject.Results. The main stages of the CHS life cycle and the relationships between them are identified. The stages of real estate and CHS life cycle are compared.Conclusions. Based on the results of the study, the stages of the CHS life cycle are identified and characterized. The obtained results make it possible to optimize approaches to cost justification during restoration works aimed at CHS preservation with allowance for the stages of its life cycle.