Decision-making model supporting the process of planning expenditures for residential building renovation

Abstract

The problem of multi-family building maintenance is complex and comprises numerous issues, one of which is the process of planning expenditures for residential building renovation. This task is important from the manager’s point of view as their responsibility is to maintain a building in a non-deteriorated condition. To fulfil this task, the authors of this paper suggest utilising a decision-making model aimed at defining renovation activities making it possible to retain the maintenance standard (as regards newly commissioned residential buildings) or improve it (as regards existing buildings). The suggested model is based on a multi-criteria building assessment including seven requirements. The calculations conducted using the suggested model enable us to define the costs and scope of renovation taken to ensure the assumed building condition or, by assuming various rates paid to the renovation reserve, to define the period in which the above-mentioned goals may be achieved.