Seminar 4: Extending Your VM Business in China (in Shenzhen)

This seminar consisted of VM cases studies in China and cultural discussions. It also provided an excellent opportunity for delegates to meet with some of the renowned VM experts. The VM experts have explored their interests in the new VM market and direction in China .

The major objectives of this special seminar are:

• To share expertise's VM experience in China ,
• To expand VM in new directions,
• To create awareness and contacts in China , and
• To assist with better understanding of the cultural differences of using VM in China

Summary of Content View Video

• Brief Introduction on Shenzhen Setting
• Case Study 1 by Mr. George HUNTER
• The power achieved in innovation
• Project objective/ project resource optimization
• Designing within budgetary restraints
• Importance of measuring the project objectives
• Relating project objectives to project costs and resources
• Case Study 2 by Prof. Haobang TAN
• The rise and experience of VE
• Analysis of the performance and status quo of VE in industrial, regional, period and systematic aspects
• Recent measures and trends
• Case Study 3 by Mr. Chunsheng WANG
• Case Study 4 by Mr. Axel Peter RIED
• VE in the early Design Stage
• Duty Book Development
• Mile Stone Plan
• Application of the 5 Phase VE-Job Plan including Info Phase, Function + Target Definition Phase, Creativity Phase, Evaluation Phase and Implementation Phase.
• FMEA- Failure Mode Effect Analysis
• Key Supplier Integration
• Panel Discussion on Cultural Aspects to Consider when Engaging in VM/ VE in a Chinese Market

Useful Linkage:
HK Government: http://www.cedb.gov.hk/citb/ehtml/home.html
HKIS: http://www.hkis.org.hk/hkis/html/professional_cpd.jsp
HKIVM: http://www.hkivm.com.hk
BCM: http://www.bcm.cityu.edu.hk
SAVE: http://www.value-eng.org/

  VM Activities

    Project Team

    Events Achieved:

Seminar Workshop Conference Seminar 12   Novel VM Applications in Europe Seminar 11   VM Trends in the United States Seminar 10   Information Analysis for Complex Projects Seminar 9   Innovative Application of the VM for Large, Complex Projects Seminar 8   Innovative VM Techniques in Complex Projects Seminar 7   Successful VM applications in Australia Seminar 6   Enhancing Value in Facilities by VM - Attracting Investment in China (in Xian) Seminar 5   Enhancing Value in Facilities by VM - Attracting Investment in South China (in Beijing) Seminar 4   Extending Your VM Business in China (in Shenzhen) Seminar 3   Sustainability/ LEED & Life Cycle Costing -Their Role in Value-based Design Decision-making (VM) (in HK) Seminar 2   Is Value Engineering successfully internationally? (in HK) Seminar 1   How can the value Management work in the HK construction industry? (in HK) Workshop 8   Formal VM Training Workshops (modeules I and II) for Construction Workshop 7   Key VM phase: Evaluation Analysis Workshop 6   Key VM phase: Creativity Techniques Workshop 5   Key VM phase: Function Analysis Workshop 4   Value Management for Design & Construction methodology & Application Module I - Training workshop (in Beijing) Workshop 3   Value Management for Design & Construction methodology & Application Module I - Training workshop (in HK) Workshop 2   A Key VM Technique: Function Identification (in HK) Workshop 1   VE "CMethodology & Application Module I" CTraining workshop (in HK) International Conference 2   Value Engineering for Construction Projects (VECP05) (in Korea) International Conference 1   Why Re-Invent the Wheel? (in HK)

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