Seminar 8: Innovative VM Techniques in Complex Projects

During the seminar, Dr. Kirk has given a brief introduction of value management in terms of VM histories and VM structures to the participants.  Information phase is underlined in this seminar as it is the foundation of successful VM study.  This phase is the preparation phase for workshop study, with the main purpose of identifying value study sponsor, defining project needs, scope and goals, gathering necessary information, selecting team members, preparing value models, and preparing workshop logistics.  Several techniques could be used to investigate the project function cost and value, such as function cost model, operational cost model, quality model, risk model, space model, and time model, etc.  At the end of the seminar, the participants are required to analyze the Jardine House through quality model exercised as mini-workshop in group discussion in order to have a better understanding of these techniques.

Guest Speaker
Dr. Stephen J. KIRK
(FAIA, FSAVE, CVS-Life, LEED, President, Kirk Associates, LLC)

Stephen J Kirk is a president of Kirk Associates specializing in VE, sustainability, and life cycle costing services. He has over 25 years experience in applying value based design decision making techniques to corporate offices, educational buildings, visitor centers, courthouses, research facilities, and hospitals. He is a lecturer at the Harvard Graduate School of Design, professional education program. He served as president of SAVE International in 1998-99 and is also a Fellow of SAVE institution in USA.

 Summary of Content View Video

• Introduction of Information Phase (Pre-workshop)
• Study Preparation
• Value study objectives
• Project Information (Facilities)
• Value Study Team Selection
• Project tam
• Facilitator Qualifications
• Function Cost & Value Modeling
• Function cost model (e.g. science center)
• Operational cost model (e.g. court house)
• Quality model (e.g. science center)
• Risk model (e.g. science center)
• Profitability model (e.g. shopping mall)
• Space model (e.g. laboratory)
• Time model (e.g road project)
• Sustainability (LEED) model
• Workshop Logistics
• Workshop location
• Workshop materials
• Reference data
• Workshop agenda
• Orientation Meeting
• Pre-study Function Analysis (draft)
• Conclusions

Useful linkage:
HK Gover’t: http://www.cedb.gov.hk/citb/ehtml/home.html
HKIVM: http://www.hkivm.com.hk
BCM: http://bcm.cityu.edu.hk
SAVE: http://www.value-eng.org/
HKIS: http://www.hkis.org.hk/hkis/html/professional_cpd.jsp

  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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