The 2-28 Incident is one of the most influential events in recent Taiwan history. The establishing the Taipei 228 Memorial Museum is running on build-operate-transfer way. The Taiwan Peace Foundation was the first nongovernmental foundation commissioned to manage the museum's operations, which were achieved remarkable success. Then the Taipei 228 Memorial Museum were taken over by the Taiwan Area Development Research Institute from June 1, 2000 to December 31, 2002. The Taipei City Government's Department of Cultural Affairs assumed management duties for the museum on January 1, 2003, because of the uneconomic manpower and administrative expenditure. Manages the museum by the government, always has been criticized in inefficient management. Especially limits under the budget funds and the organization manpower in it which shrinks, therefore this hall museum function also receives limits, the such disadvantageous management situation also reflects in the visit population. This research inquired into the Taipei 228 Memorial Museum in the past, the present and the future operation, will borrow the business management five big function concept on the organization, the finance, the museum¡¦s collection, the research, the exhibition and the education . Presenting the past and the present of the Museum. Finally on present situation and questions proposed this museum about the future management and suggestions.