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Project title

Improving Value Management Practice via International VM Study Process and Qualification System (Apr 2007 – Sept 2008)
supported by Professional Services Development Assistance Scheme (PSDAS), Commerce, Industry and Technology Bureau, Hong Kong Special Administration Region, and the Hong Kong Institute of Value Management


Abstract:

Various international VM societies applied their particular VM qualification systems, while Hong Kong has not yet established their own VM qualification and specific VM study process. Therefore, there are <italic> various VM process, period and techniques that are currently being applied </italic> in the industry in Hong Kong. In order to systematize the overall VM process and update innovative VM techniques for dynamic external environment and complicated construction projects, a systematic VM process and qualification systems are required for construction professionals in Hong Kong. The aim of the proposed project is to <strong> improve the VM practice (study process and qualification system) for construction professionals in HK so as to enhance the competitiveness of professional services in a regional context </strong>. Through this project, construction professionals (including Arch., Eng., BSE, QS, etc.) can understand the VM processes and professional qualification systems internationally.


Team members:

Dr. Mei-yung LEUNG, Department of Civil and Architectural Engineering, City University of Hong Kong
Mr. David K.C.YAU, Project Management Department, Henderson Land Development, Company Ltd.
Dr. Vaughan W. Coffey, Hong Kong Housing Department, HKSAR
Mr. Tony WILSON, Architectural Services Department, HKSAR
Prof. S. Kitipornchai, Department of Civil and Architectural Engineering, City University of Hong Kong
Mr. K.C. TANG, K.C. Tang Consultants Ltd.


Three VM workshop and three VM seminars were held in Nov 2007 and Jan 2008. A website was designed.

 

Papers:

Leung M.Y. (2010) First recognized modules I and II certification training courses in Hong Kong held in November, December, InterActions, U.S.A.: SAVE International “The Value Society”, 36(3), 7.

Leung M.Y. (2009a) ‘Construction Value Management’ CD pack II for ‘Improving Value Management (VM) Practice via International VM Study Process and Qualification System’ project, H.K.: Commerce, Industry and Technology Bureau, HKSAR, Hong Kong Institute of Value Management, and City University of Hong Kong

Leung M.Y. (2009b) A Report of Questionnaire Survey for Improving VM Practice via international VM study Process and Qualification System. ‘Construction Value Management’ CD pack II, Hong Kong: Commerce, Industry and Technology Bureau, HKSAR, Hong Kong Institute of Value Management, and City University of Hong Kong.

Leung M.Y. (2009c) Reasons for applying VM – an international comparison. SAVE International’s 49th Annual Conference Proceedings, 29th June -1st Jul 2009, U.S.A.: SAVE International 'The Value' Society'.

Leung M.Y., Chan Y.S. (2009) The first series of value management workshops and seminars by various International Experts, The Value Manager, H.K.: HKIVM, 15(2), 15-18.

Leung M.Y., Xie X.M. (2009) A comparison of VM training and certification systems: an empirical study across different countries. Proceeding of The 13th Pacific Association of Quantity Surveyors Congress, 17th -18th August 2009, Kuala Lumpur, Malaysia.

Leung M.Y., Chan Y.S. (2008a) VM events – Leung reports on HKIVM value management seminars. InterActions, U.S.A.: SAVE International “The Value Society”, 34(3), 15-16.

Leung M.Y., Chan Y.S. (2008b) Successful international VM seminars and workshops in China. IVM Journal Value, U.K.: Institute of Value Management, 17(1), 18-20.

Leung M.Y., Chen D.Y. (2008a) Successful international value management activities 2007 in Hong Kong, Value Engineering, China: Jiazhi GongCheng, 26(12), 169-170.

Leung M.Y., Chen D.Y. (2008b) CO2 in the construction industry. Value Engineering, SJVE, in Japanese, 246, 40-43.

Leung M.Y., Chen D.Y. (2008c) CO2 in the construction industry. InterActions, U.S.A.: SAVE International “The Value Society”, 14, 20-24.

Leung M.Y., Kong S. (2008) Identifying key competencies of VM facilitators based on international standards. HKIVM 9th International Conference Proceedings, 30th and 31st Oct. 2008, Hong Kong: Hong Kong Institute of Value Management.

Leung M.Y., Wang L. (2008) International creativity and evaluation value management training in HK – the application of value management in USA and Europe. Value Engineering, China: Jiazhi GongCheng, 27(1), 169.

Leung M.Y. (2007a) Major characteristics in value management process. Proceeding of the 2nd Inter-University Conference on Management Science and Construction Engineering, 27th-28th October 2007, China: Tianjin University, University of Hong Kong and the Ministry of Education.

Leung M.Y. (2007b) A logical value management technique: function identification. The Value Manager, HK: HKIVM, 13(2), 22-23.

 

 

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