ACTIVITIES

 

New and Recent Activities

Nov. & Dec. 2009

 

Formal VM Training Workshops for Construction   (successfully completed)

Recently, a certified Value Management (VM) training workshop for construction professionals comprising two modules was successfully conducted by the Hong Kong Institute of Value Management (HKIVM) and the Hong Kong Institute of Surveyors (Quantity Surveying Division) in Hong Kong. Module I was held over 13th-15th and 20th-22nd November 2009, while Module II was held over 4th-6th December 2009.

Dr. Mei-yung Leung, as a vice president of HKIVM, was the facilitator of the training workshops.


04/09/2009

Formal VM Training Workshops for Construction

Facilitator: Dr. Mei-yung LEUNG, MRICS, MHKIS, FHKIVM,
                   List A Facilitator, CVS, MCIOB, MAIB, MHKIPM, MHKICM
                   Assistant Professor, City University of Hong Kong

Module I: 13-15th and 20-22nd Nov. 2009
Module II: 4-6th Dec. 2009

A number of formal documents (WTBC16/1998; Tang2001; WTBC35/2002) strongly recommend a wider adoption of VM techniques in order to achieve an excellence in the quality of construction products. However, qualified facilitators/co-facilitators are hard to come by in HK. To enhance the innovative team decision-making management techniques in construction industry, a full VM training workshop (modules I and II) will be arranged in Nov. and Dec 2009 by the Hong Kong Institute of Value Management and the Hong Kong Institute of Surveyors. The Module I course teaches VM in a project-based manner. Participants will engage in "real-time" decision-making using the VM methodologies in the module I, while the Module II teaches VM in an advanced level.

Both courses are approved by SAVE. Individuals planning to become Certified Value Specialists internationally or qualified co-facilitator in the approved list of the HK government are required to attend. Upon completion, each participant will be awarded a certificate and eligible to apply the examination (AVS or CVS).

Contact person: Miss Alvis Wong
Email:
50666600@student.cityu.edu.hk  Tel: 6283-6219

 


26/09/2009

Seminar: Introduction to Value Management
26 September 2009, Hong Kong

Dr. Mei-yung Leung, vice-president of the HKIVM, was invited to present a seminar by the Paul-Y Management Limited on 26th September 2009. The seminar named as "Introduction of Value Management". It covers a logical team decision-making process in the VM for construction projects. There was over 60 managers participated. All of them really enjoyed it very much.

 

 

28-29/07/2009 Construction Project Risk Management Conference
28-29 July 2009, Singapore

Mr. Anthony Wilson, past-president of the HKIVM, and Dr. Mei-yung Leung, vice-president of the HKIVM, were invited by the International Quality and Productivity Centre to present the Value Management in the Construction Project Risk Management Conference in Singapore on 28th-29th July 2009. The conference conducted successfully, including over 60 senior managers in the construction industry in Singapore.

Photos


01/04/2009

Improving VM Practice via International VM Study Practice and Qualification System (PSDAS 2006-2-3)

Organization:  HKIVM;   Dept of Bldg and Const., CityU
Supporting organization:  CITB, HKSAR

 The current project aims to improve VM practice, including both study process and qualification system, for construction professionals in HK, so as to enhance the competitiveness of the construction professionals in a regional context.   Through the project, five international seminars, three full-day workshops, and a study to review the local and international study processes and qualification systems of VM practice were successfully conducted.  To disseminate the fruitful results of the project, a VM website containing the information about all VM activities held has been established.

 Speakers:                Dr. Roy BARTON, Australia
                                Dr. Steve KIRK, USA
                                Dr. Mei-yung LEUNG, Hong Kong
                                Ms. Laurie DENNIS, USA
                               
Mr. Ken Scott, Europe

 Contact person: Ms Isabelle CHAN
 (
Email: isabelle@student.cityu.edu.hk for details of coming VM courses or events
.


31/03/2009

HKIS YSG CPD jointly organized with HKIVM
Topic: Value management in Construction
"

Date: 31 March 2009
Time: 7:00p.m. – 8:30p.m.
Venue: HKIS SLC

Speaker: Prof. Geoffrey Q.P. Shen, BEng, PhD, VMF, CVS, FHKIVM, MIVM
Chair Professor of Construction Management
Head of Department of Building & Real Estate,The Hong Kong Polytechnic University

Geoffrey is an active researcher in collaborative working in construction, supported by information technology. He has managed a large number of research and high-level consultancy projects with total funding over HK$15 million, and has published extensively in both academic and professional journals and international conferences. He teaches in these fields mainly at the postgraduate level, and has successfully supervised a large number of PhD, MPhil, MSc, and BSc students. Professionally, he is the President of the Hong Kong Institute of Value Management (HKIVM) and member of the Institute of Value Management (IVM) in the UK. As a Certified Value Specialist (CVS) and Value Management Facilitator (VMF) recognised by the Hong Kong SAR Government, he has professionally facilitated a large number of value management and partnering workshops for a variety of large client organisations in both the public and private sectors.

Details:

The talk will cover the following:

  • Definitions of VM

  • Historical Development of VM

  • Components of VM

  • VM Methodology and Job Plan

  • VM Applications with real life examples

Language:      

Cantonese supplemented by English

Priority: First-come-first-served

Fee:

HK$100 for member of HKIS/ HKIVM
HK$150 for non-member

For registration, please download the registration form Standard Reservation Form (For download and read only) for details.


 

30-31/10/2008

Conference "The 9th HKIVM International Value Management Conference (IVMC08)"

Event Date: 30-31/10/2008
Venue: InterContinental Grand Stanford Hong Kong, Tsimshatsui, Hong Kong
Organizer: HKIVM, BRE Dept (HKPolyU)
Website: http://www.hkivm.org/conference/9th_conference/


 

01/11/2008

Conference "Value Management Conference of Great China (VMCGC08)"

Event Date: 30-31/10/2008
Venue: The Hong Kong Polytechnic University, Hung Hom, Hong Kong
Organizer: HKIVM, BRE Dept (HKPolyU)
Website: http://www.hkivm.org/conference/VMCGC08/index.asp


 

29/07/2008

Seminar on "Application of Value Management in the Briefing Process"

Speaker: Dr. Ann T.W. Yu, BSc, MSc, PhD, MAIB, ICIOB, MHKIVM, Assistant Professor, Department of Building & Real Estate, Hong Kong Polytechnic University
Event Date: 29-07-2008
Event Time: 7:00 pm - 8:30 pm Tuesday
Venue: Surveyors Learning Centre, Suite 811, 8/F., Jardine House, Central, Hong Kong
Organizer: Young Surveyors Group, HKIS

Presentation
Outline: - Definition of Briefing
- Methods of Briefing
- Stages of Briefing
- Problems of Briefing Practices
- What is Value Management?
- Why use Value Management for Briefing?
- A practical Value Management Framework for Briefing

 

28/04/2008

Seminar on "Application Of Value Management In Architectural Services Department"

Li, Ho-kin is a founding member and a Value Management Facilitator (List A) of the Hong Kong Institute of Value Management of the HKIVM. Mr. Li joined the Architectural Services Department in 1992 and now he is working as the Chief Architect. The Architectural Services Department (ArchSD), one of the Works Department of HKSAR, which Mr. Li works for, is also a strong advocate of the VM process. The Department conducts a number of VM workshops every year. ArchSD uses VM for all projects over HK$200 million, applies VM at several key stages of the development process. They carried out 24 major studies since 1994, using fully qualified and experienced VM facilitators. Examples of ArchSD VM studies included Wetland Park, Mongkok Stadium, Sheung Shui Slaughterhouse, Stanley Prison Development, School Improvement Programme. Mr. Li’s presentation will be on examples of VM workshops that ArchSD has conducted over the years, the key findings in these workshops and experience learnt in preparing and conducting them.

 


17/12/2007

HKIVM 12th Annual General Meeting and Christmas Lunch

The HKIVM 12th Annual General Meeting and Christmas Lunch will be organised in the Hong Kong Club. Our President and Treasurer will present their annual reports during the meeting. Details are as follows:

Date: 17/12/2007
Time: 12:30 - 2:00 pm
Venue: Hong Kong Club, Central, Hong Kong.


Please contact our Secretary Dr. Ann Yu at ann@hkivm.com.hk for reservation.

 

16-19/11/2007

17-19/01/2008

PSDAS Programme - A series of VM Workshops & Seminars by International Experts

Value Management (VM) has been used since 1947 in America to assist management, architects and engineering professionals to obtain optimum value for each dollar spent. Typical savings range from 10% to 15% for most projects. As construction professionals, we should not only acquire technical knowledge but must also develop various management skills for setting the team goals. A series of interactive VM workshops and seminars in different critical VM phases and the international successful VM application will be conducted in the periods of 16-19 Nov 2007 and 17-19 Jan 2008 (see table below). All these practical knowledge and skills can enhance the competitiveness of construction professionals in a regional context

 

Workshop 1 - Key VM phase: Function Analysis, by Dr. Roy Barton

Date: 16/11/07
Time: 9:00 - 18:00
Venue: 38/F., World Trade Centre, Causeway Bay, Hong Kong

Seminar 1 - Successful VM applications in Australia, by Dr. Roy Barton

Date: 17/11/07
Time: 13:30 -15:30
Venue: 8/F., Jardine House, 1 Connaught Place, Central, Hong Kong

Seminar 2 - Innovative VM tech. in Complex Projects, by Dr. Steve Kirk

Date: 17/11/07
Time: 15:30 -18:30
Venue: 8/F., Jardine House, 1 Connaught Place, Central, Hong Kong

Seminar 3 - Information analysis for Complex Projects, by Dr. Steve Kirk

Date: 19/11/07
Time: 18:30 -21:30
Venue: Tianlun International Hotel Guangzhou, 172 Linhe Zhong Road, Guangzhou 510610, China

Seminar 4 - VM Trends in the United State, by Ms. Laurie Dennis

Date: 17/ 1/08
Time: 19:00 -21:00
Venue: 8/Fl., Jardine House, 1 Connaught Place, Central, Hong Kong

Workshop 2 - Key VM phase: Creativity Analysis, by Ms. Laurie Dennis

Date: 18/ 1/08
time: 9:00 - 18:00
Venue: 38/F., World Trade Centre, Causeway Bay, Hong Kong

Seminar 5 - Novel VM applications in Europe, by Mr. Ken Scott

Date: 18/ 1/08
Time: 19:00 -21:00

Venue: 8/Fl., Jardine House, 1 Connaught Place, Central, Hong Kong

Workshop 3 - Key VM phase: Evaluation techniques, by Mr. Ken Scott

Date: 19/ 1/08
Time: 9:00 - 18:00
Venue: 38/F., World Trade Centre, Causeway Bay, Hong Kong


25/10/2007

Seminar on "Best Value, Value Management and the Sustainability Agenda"

Professor John R Kelly, the Chair of Construction Innovation in the School of the Built and Natural Environment, Glasgow Caledonian University, UK, will deliver a presentation on 25/10/2007. John will report on the progress of Best Value within the public sector in the UK, the place of value management and tools and techniques, including a new approach to whole life costing, designed to meet the sustainability agenda. The talk will be followed by a discussion of the application of value management methodologies in the context of sustainability in Hong Kong.

Date : 25th October 2007 (Thursday)
Time : 6:30 p.m. – 9:00 p.m.
Venue : Room Y502, 5/F, Block Y, The Hong Kong Polytechnic University


10/10/2007

Seminar on "Add value to Ocean Park"

We have arranged this public seminar in conjunction with the Department of Building and Real Estate of the Hong Kong Polytechnic University to bring the experiences of the Ocean Park redevelopment project to design and construction professionals. In this seminar, Daniel Altier, the General Construction Manager for Dragages (HK) JV, will present the details of this project and talk through how the problems encountered were overcome. He will explain how Partnering and Value Engineering benefited all parties involved.

Date : 10th October 2007 (Wednesday)
Time : 6:30 p.m. – 9:00 p.m.
Venue : Room FJ303, 3/F, Blk J, The Hong Kong Polytechnic University

 



25/07/2007

Seminar on Function Identification

A free seminar on "A Logical Value Management Technique: Function Identification" by Dr. Mei-yung LEUNG, Assistant Professor, Department of Building and Construction, City University of Hong Kong: jointly organised by HKIVM, CityU and The Institute of Maintenance and Building Management (HK Branch)" will be held in the City University of Hong Kong

24/04/2007

Seminar on "Making VM Work when Time is Short

Seminar on "Making VM Work when Time is Short" by Mr. K H Fok, Evans and Peck, Hong Kong was held in the Hong Kong Club, 1 Jackson Road, Central.


31/01/2007
Development and Application of Value Management in Korea

VM is widely adopted by both manufacturing and construction industries in Korea. Some Koreans were invited to give presentation in the United Stated in the SAVE conference. This seminar will be presented by Prof. Hyun (president of Korea Construction VE Research Institute) and Prof. Hong. They will introduce the development of VM and the latest application of VM in Korea.

 

Some Past Activities


2-3/06/2005
The 7th International VM Conference "Why Re-Invent the wheel" will be held at the Hong Kong Convention and Exhibition Centre. Please contact the Conference Secretariat at telephone number (852) 2559 9973 or by email at hkivm@icc.com.hk for further information.

31/05/2005
A seminar called “Sustainability/LEED & Life Cycle Costing- Their Role in Value-based Design Decision-making” will be held by Dr. Stephen J. Kirk. This seminar will be conducted in an interactive approach focusing on the latest trends in VM in construction on life cycle cost savings and sustainability/LEED. Participants will experience the VM technique by calculating the life cycle costs to determine which alternative is the best VALUE for the Owner. Please contact Miss Donna Yu by phone no. (852) 2526 3679 for any query.

28/05/2005
A workshop called “Value Management for Design & Construction methodology & application” will be held by Dr. Stephen J. Kirk and Dr. M.Y. Leung. This training workshop is designed to acquaint participants with the methodology of VM and its decision-making process. It also familiarizes participants with procedures, which provide standards for VM and VE applications. Please contact Miss Donna Yu by phone no. (852) 2526 3679 for any query.

23/03/2005

A seminar called “How Value Management and Partnering Compliment Each Other” will be held by Mr. Bryan Clifford. Please e-mail to wilsoar@archsd.gov.hk or fax to 2524 7981 for further information.


02/12/2004

A mini-workshop called "A Key VM Technique: Function Identification -Enhancement of Construction Value Management Professionalism for the New Generation(PSDAS)" was held by Mr. David YAU and Mr. Tony Wu. The proposed workshop is part of the ‘Enhancement of Construction Value Management Professionalism for the New Generation’ project run by the Hong Kong Institute of Surveyors and the City University of Hong Kong, and funded by the Professional Services Development Assistance Scheme (PSDAS). Any opinions, findings, conclusions or recommendations expressed in this material/event (by members of the Project team) do not reflect the views of the Government of the HKSAR, Commerce, Industry and Technology Bureau, or the Vetting Committee for the PSDAS. Please visit http://bcm.cityu.edu.hk/newevents/seminar3/seminar3.php for further details.


30/06/2004

A seminar called "Is Value Engineering successfully internationally?" was held by Mr. James RAINS (President of Advanced Value Group in USA). The seminar introduces the Value Engineering Job Plan and results from three different continents when value engineering is properly applied. Please visit http://bcm.cityu.edu.hk/newevents/seminar2/seminar2.php for further details.


2-3/06/2004
A two-day training workshop on value management will be organised by Professor Geoffrey Q.P. Shen of the Hong Kong Polytechnic University. It focuses on the theories and applications of value management in the construction and real estate industry, with a view to meet the needs of construction professionals who wish to broaden and deepen their knowledge and experience in value management and to participate and manage value management workshops more effectively and efficiently. To obtain further information on the course and/or application forms, please contact Ms. Ada Chan, School of Professional Education and Executive Development, Hong Kong Polytechnic University. Tel: 3400 2828, Fax: 2363 0540, Email: speed@polyu.edu.hk

6/05/2004

A seminar called "How can the Value Management work in HK construction industry?" was held by Mr. Kenneth K. KWAN and Mr. Anthony R. WILSON. The seminar is divided into two parts and two speakers are invited respectively. It began with the presentation of Mr. Kwan who introduced the background information of value management (VM). After that, Mr. Wilson carried on with introducing VM facilitation in Hong Kong government projects. Please visit http://bcm.cityu.edu.hk/newevents/seminar1/seminar1.php for further details.


20-21/04/2004
A two-day training workshop on value management will be organised by Professor Geoffrey Q.P. Shen of the Hong Kong Polytechnic University. It focuses on the theories and applications of value management in the construction and real estate industry, with a view to meet the needs of construction professionals who wish to broaden and deepen their knowledge and experience in value management and to participate and manage value management workshops more effectively and efficiently. To obtain further information on the course and/or application forms, please contact Ms. Ada Chan, School of Professional Education and Executive Development, Hong Kong Polytechnic University. Tel: 3400 2828, Fax: 2363 0540, Email: speed@polyu.edu.hk

28/06/2004– 2/07/2004
Value Engineering (VE) Module I Formal Training Workshop – VE Methodology & Application. Organized by the Hong Kong Institute of Surveyors and the City University of Hong Kong, and funded by the Professional Services Development Assistance Scheme (PSDAS). Led by highly qualified facilitator, Mr. James Rains CVS, FSAVE, president of the Advanced Value Group, LLC, Life Member and ex-president of SAVE International. Participants will be awarded a certificate upon completion, and will also be eligible to apply for an examination of Associate Value Specialist of SAVE in USA. The certificate will form a part of the qualifications for the list of facilitators approved by the HK government, subject to examination success and workshop experience. Please contact Ms Donna YU at the Hong Kong Institute of Surveyors at telephone number 2526 3679 or by email at edudept@hkis.org.hk for details and enrolment.

5/02/2002
Seminar - The Thinking Behind the Construction Industry Review Committee Report
Victoria Suite, The Hong Kong Club, 1 Jackson Road, Central, Hong Kong.

Details

Photos


12/12/2001
HKIVM 6th Annual General Meeting (AGM) + X'mas Luncheon
Windsor & Edinburgh Room, Hong Kong Club, No. 1 Jackson Road, Central

 

Tony Toy Memorial Award


Introduction

The Tony Toy Memorial Award is established to acknowledge and remember the outstanding services and commitment of our founding president Mr. Tony Toy to this Institute. This shall be a regular award, to be presented at each HKIVM International Conference, to students of any discipline based on the quality of research projects/dissertations relating to value management.

Details

To qualify, the dissertations should have been accepted as part of any recognised degree of study (Bachelor, Postgraduate Diploma, Master or Doctorate) in Hong Kong and China within two years of the proceeding HKIVM International Conference (typically held every 18 months).

1.

The awards will be based on the quality of the dissertations submitted to the Award Assessment Committee.

2.

Two separate sets of awards will be arranged for students from Hong Kong and from Mainland China.

3.

A maximum of six awards will be given at each International Conference for students in Hong Kong and China.

 
Category
Hong Kong
China
Memorial Award
Distinction Award
Merit Award
1 person @ HK$5,000
1 person @ HK$2,000
1 person @ HK$1,000
Total : HK$8,000
1 person @ HK$5,000
1 person @ HK$2,000
1 person @ HK$1,000
Total : HK$8,000
4.
The Memorial award recipients in both locations will be invited and sponsored (up to HK$4,000 to cover travelling and registration expenses) to present their papers at the International VM Conference organised by HKIVM.
5.
The submission of the paper to the HKIVM International Conference and presentations must be in English and with full acknowledgments.
6.

HKIVM reserves the right to review each year at the AGM and to agree on the level of the award for the following International Conference.

Past Recipients

2008

Award Category

Name

University

Title of Thesis

Distinction Award  Shichao FAN The Hong Kong Polytechnic University The Effect of Using Group Decision Support Systems on the Processes and  Outcomes of Value Management Studies
Merit Awards  Woon Lun IU The University of Hong Kong Benefits from Value Engineering
 Siu Nga KONG City University of Hong Kong Enhancing Value Management Practice in Hong Kong through International Studies on Value Management Training and Certification Systems
2006
Award Category
Name
University
Title of Thesis
Distinction Award Tit Wan YU The Hong Kong Polytechnic University A Value Management Framework for Systematic Identification and Precise Representation of Client Requirements in the Briefing Process
Merit Awards Sai-hon LEUNG  City University of Hong Kong A Conflict-Satisfaction Model for Value Methodology in the Construction Industry
2005
Award Category
Name
University
Title of Thesis
Distinction Award Dr  Cai Jiang ZHANG South China University of Technology Research on System Decision Complexity and Its Methodology
Merit Awards Tsz Kit YU The University of Hong Kong A New Value Management Methodology for the Hong Kong Construction Industry
Koon Shing LEE The Hong Kong Polytechnic University Knowledge Sharing in Value Management Studies
2003
Award Category
Name
University
Title of Thesis
Memorial Award Dr. Guiwen LIU The Hong Kong Polytechnic University A Framework for Implementing Value Management in China's Construction Industry
Merit Awards Mr. David Ngo-pang NG The Hong Kong Polytechnic University A Study of Value Management and Building Design Practices
Mr. Hubert, Kwong-leong CHAN City University of Hong Kong   Verification of A Commitment - Outcome Model in the Value Management Process by Multi-Analysis Method
2002
Award Category
Name
University
Title of Thesis
Memorial Award Dr. Mei-yung LEUNG The University of Hong Kong Value Management in Construction Projects
Distinction Award Mr. Jacky Kin-hung CHUNG The Hong Kong Polytechnic University An Investigation of the Feasibility of Using Group Decision Support Systems to Improve Value Management Studies
Merit Awards Mr. Michael, Chun-kit CHEUNG City University of Hong Kong   Commitment for Maximizing Project Success Underpinning Value Management Concept

Research Projects by HKIVM Members


Projects by Prof. Geoffrey Q.P. Shen:

Project Title

Funding Source

Managing multiple stakeholders in the briefing process of large construction projects

RGC CERG, 2006/07

A computer-aided toolkit for using the functional performance specification in the briefing process of construction projects

RGC CERG, 2005/06

Measuring the processes and outcomes of value management studies in construction

RGC CERG, 2004/05

Effect of using group decision support systems on the processes and outcomes of value management studies

RGC CERG, 2003/04

A best practice framework for systematic identification and precise representation of client's requirements in briefing

RGC CERG, 2002/03

Successful value management applications in China’s market economy: development of a framework for implementing best practice

RGC CERG, 1998/99

 

Group dynamics and synergy of multiple stakeholders in VM workshops for large and complex construction projects

PolyU Research Grants

Design and Development of a Project Case Bank of the Teaching Hotel in the PolyU

PolyU Teaching Dev. Grants

Frameworks for implementing VM under different procurement approaches in construction

PolyU Postdoctoral Fellowship

Equipment for a mobile group support system laboratory (large equipment grant)

PolyU Large Equipment Grant

A comparative study of VM applications in construction in Hong Kong and Guangdong

PolyU Research Grants

A data mining-based group decision support system for major project meetings in construction

PolyU-Tsinghua Joint Research

The impact of using group decision support systems on value management studies in construction

PolyU Research Grants

Development of web-based online subject “Value Management for Construction”

PolyU Online Programme Development

Functional representation of clients' requirements for building projects: development of a briefing guide

RGC’s FBN and funded by PolyU

Development of web-based diagram-oriented group support system for project scope management

UGC Block Grant/PolyU

Benchmarking the best value management practice in China's construction industry

UGC Block Grant/PolyU

A system dynamics model for the supply and demand of housing development in Hong Kong

UGC Block Grant/PolyU

A system dynamic model for sustainable land use and development in Hong Kong

BRE Competitive Grant

Project by Dr. Mei-yung Leung:

Project Title

Benchmarking of the Management and Maintenance Fees for Residential Buildings in Hong Kong

Improving the Competency of Local Project Managers in Managing Mega Infrastructure and Construction Projects in Mainland China

Improving VM practice via International VM Study Process and Qualification System

Developing an Integrated e-Learning Centre for Construction Value Management - Undergraduates Module

Enhancement of Construction Value Management Professionalism for the New Generation

Web-based Value Management Technique Centre for Construction Undergraduates

Applying Case Knowledge in Calibrating a Commitment–Outcome Model for Construction

A Commitment Model for Maximizing Project Success and Participant Satisfaction

The Role of Facilitators in Value Management

Behavioral Participation in Value Management