This study is tried to investigate and analyze the changing history of Korean forest management policy and revitalization alternatives of the private forest management. Korean forest management policy could be divided by two group periods, one is the forestry policy age through afforestation and reforestation, the other is the forestry policy age through forest management. Recently, the revitalization policy for the private forest management was evaluated through the result analysis of the 4th forest basic planning age for 10 years that is gone from 1998 to 2007, but it is not sufficient for the private forest management revitalization, and has still some fundamental problems. Therefore, this study is aimed to present various kinds of plans for the private forest management revitalization during the 5th forest basic planning age that has begun since the beginning of 2008.