Sammendrag
Purpose – The aim of this paper is to present findings from the research project “Oscar – Value for Owners
and Users of Buildings” and investigate two research questions: What in early-phase planning of real estate
projects and facilities management creates value for owners and users of buildings? Do respondents in private
enterprises, public administrations and hybrid organizations have different priorities during early-phase
planning of buildings and facilities management concerning which factors creates value for owners and users
of buildings?
Design/methodology/approach – This study is based on a national survey (N = 837) among Norwegian
owners and users of buildings where the respondents report their emphasis on economic, social, environmental
and physical aspects during early-phase planning of buildings. The data have been analysed through
descriptive statistics, ranking ofmeans and one-way ANOVA supplementedwith bootstrapping.
Findings – Many Norwegian owners and users of buildings emphasize short-term financials and seem to
overlook recent research concerning what creates long-term value such as life-cycle planning and the
buildings’ elasticity, flexibility, generality. Respondents employed by private enterprises seem to have shorter
time horizon than respondents employed by hybrid organizations and public administrations.
Research limitations/implications – Further empirical research in Norway and preferably also in
other countries, based on surveys with large random samples of respondents is needed to establish whether it
is possible to generalize this study’s findings.
Practical implications – Increased emphasis during early-phase planning of buildings on aspects
creating long-term value can significantly increase the buildings’ value creation for owners and users. This
article indicates some attention areas and possible strategies during early-phase planning to improve the
long-term value creation for owners and users.
Originality/value – This is an empirical study (national survey) with particular emphasis on how earlyphase
planning of buildings can contribute to value creation for users and owners during the buildings’ use
phase.
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