Cost–Benefit Analysis in the Evaluation of Cultural Heritage Project Funding

Tišma, Sanja; Škrtić, Mira Mileusnić; Maleković, Sanja; Jelinčić, Daniela Angelina

doi:10.3390/jrfm14100466

Cited by 6 publications

(5 citation statements)

References 19 publications

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“…The investment includes purchasing high-quality 3D scanning equipment and digital presenting equipment (such as VR and AR) [61]. Tisma et al [62] suggest that the infrastructural investment of heritage protection is significant and poses a challenge to secure adequate funding. Researchers have begun to develop low-cost digital technologies to reduce the cost and time to create the 3D model [46].…”

Section: Challenges Of Preserving Artwork Through Digitisationmentioning

confidence: 99%

Preserving Sculptural Heritage in the Era of Digital Transformation: Methods and Challenges of 3D Art Assessment

Yang,

Liu

2024

Sustainability

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Sustainable digital cultural heritage is now an essential aspect of our lives. The rapid development of 3D technology in the historic preservation industry provides the means of documenting, recovering, and presenting cultural heritage items. However, the digital transformation of 3D sculpture heritage is often led by technology without effective evaluation indicators as a guide. This study compares effective assessment methods for digital forms with traditional art. Our approach uses semantic differential scales and machine learning regression models to assess the importance of fifteen artistic attributes. The semantic differential scale is improved based on 15 artistic attributes and proves to be effective in evaluating the value of digital artwork. This research finds that digital artwork is significantly more popular among young people compared with elderly people, especially for attributes like colour variation, saturation, and texture. The research also finds that complexity and social attributes are more important in predicting the value of the digital 3D model. Digital transformation is a viable method for preserving the artistic value of sculpture and improving cultural sustainability.

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Section: Challenges Of Preserving Artwork Through Digitisationmentioning

confidence: 99%

Preserving Sculptural Heritage in the Era of Digital Transformation: Methods and Challenges of 3D Art Assessment

Yang,

Liu

2024

Sustainability

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“…There are currently several approaches to assessing similar situations. Among those, both cost-benefit analysis (CBA) and cost-effectiveness analysis (CEA) are increasingly applied to archaeological sites, monuments and other heritage places [70,71], while Contingent Valuation (CV) may help in estimating the expected benefits from the qanat for the local residents [72].…”

Section: Group Of Activitiesmentioning

confidence: 99%

Applying ICOMOS-IFLA Principles for the Conservation, Management and Reuse of a Historical Hydraulic System: The No-Ras Qanat in North-Western Iran

Zaina

Branduini²,

Zavvari³

2022

Heritage

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Historical hydraulic systems represent a significant part of landscapes and global heritage. However, from the second half of the 20th century onwards, substantial socio-economic as well as technological changes occurring worldwide have put them at risk of abandonment and, eventually, of disappearing. Recent studies and international conventions, including the ICOMOS-IFLA, framed historical hydraulic systems and water management techniques in a new dimension, not only as an element of the past to be preserved but an active element to achieve sustainable economic development and mitigate climate change. Those qanats or karez represented a major historical hydraulic sustainable solution for irrigation, providing a water supply, which during the last few decades, has been slowly replaced with modern, although polluting and unsustainable, technologies. Building on the recent ICOMOS-IFLA Principles Concerning Rural Landscape as Heritage and the recommendation provided by initial research, this paper aims to show how qanats can become: (1) an important local and regional cultural and natural heritage; (2) a valuable economic resource; (3) an environmentally friendly system that could at least partially replace the existing polluting solution (i.e., dams and other modern infrastructures). To achieve these goals, we propose a restoration or reuse approach for the qanat based on the necessity of multiple stakeholders at local and national levels using sustainable materials and respecting the different values as a heritage place. Our case study is the No-Ras qanat in North-western Iran. In the conclusion, we also illustrate the relevance of the aims and methods of this paper in the light of the United Nations Sustainable Development Goals.

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“…Cost-Benefit Analysis (CBA) is commonly used to evaluate an investment's economic and financial sustainability based on a Discount Cash Flow Analysis (DCFA). Furthermore, the European Union requires it as a quantitative method to evaluate the feasibility of a project to apply to EU funds [30].…”

Section: Cultural Heritage and Financial Sustainability: Open Issuesmentioning

confidence: 99%

The Financial Sustainability of Cultural Heritage Reuse Projects: An Integrated Approach for the Historical Rural Landscape

2021

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In the last decades, the growing concern about land consumption, together with the awareness about cultural heritage’s key role for sustainable development, has led to greater attention to cultural property reuse as a conscious process of new values production. However, decisions about heritage bring a high degree of complexity, related to the need to preserve properties’ values and fulfill protection legislation, thus bringing high cost, which discourages public and private investments for reuse interventions. In this context, it becomes urgent to support reuse decisions through proper evaluation methodologies that, dealing with the complexity of interests at stake, allow individuals to assess the financial sustainability of conscious cultural heritage reuse projects. For these reasons, the paper proposes a methodological framework that, grounded on the recognition of cultural properties’ values and their possible integration in the local economic system, assesses reuse projects’ financial sustainability. This methodology’s application is discussed through a case study, represented by a project for a historical rural landscape in Pantelleria island. The application to the case study allows us to discuss the role of the proposed evaluation framework in supporting and promoting cultural heritage reuse and its possible room for improvement.

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Cost–Benefit Analysis in the Evaluation of Cultural Heritage Project Funding

Cited by 6 publications

References 19 publications

Preserving Sculptural Heritage in the Era of Digital Transformation: Methods and Challenges of 3D Art Assessment

Preserving Sculptural Heritage in the Era of Digital Transformation: Methods and Challenges of 3D Art Assessment

Applying ICOMOS-IFLA Principles for the Conservation, Management and Reuse of a Historical Hydraulic System: The No-Ras Qanat in North-Western Iran

The Financial Sustainability of Cultural Heritage Reuse Projects: An Integrated Approach for the Historical Rural Landscape

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