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Tuesday, May 23 2017 18:43:31

Introduction
APC / ATC
CPD-HKIS
CPD by Others
 
Code : 2015107
Event Name : Review of the Application of Cost-Benefit Analysis
CPD Code : Formal Events
Speaker : Sr Dr. Ellen Lau

Ellen Lau is a fellow member of HKIS and RICS. She received her first degree in Quantity Surveying and Master in Construction Project Management in the UK, and PhD in Strategic Management. She previously worked with quantity surveying consultant firms and an international contractor before she started her academic career. She taught quantity surveying subjects in City University of Hong Kong, and conducted research in management, procurement and surveying. She has published many papers and acted as reviewers in reputable journals and conferences, and edited two books in addition to involving in different international activities.
Event Date : 01/09/2015
Event Time : 7:00 pm – 8:30 pm (Registration and networking time: from 6:30 pm)
CPD Hour(s) : 1.5
Divisional PQSL Hour(s) : 1.5
Venue : Surveyors Learning Centre, Room 1207,12/F, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong
Division : QSD
Organizer : QSD
Closing Date : 28/08/2015
Fee : HK$120 for members; HK$150 for non-members (HK$30 walk-in surcharge on all prices listed); Free of charge for student members studying full time (subject to availability)
Priority : QSD Members; First-come-first-served
Language : Cantonese supplemented by English
Details :

As global policies and environmental issues dominate the minds of the decision-makers, the industry has now become more demanding for project costing in this modern era. Not only public and corporate clients, private clients today also look for different cost tools to meet with stringent rules in complying with regulatory measures in their development. Intangible values represented as benefits long exist in our project costs, and cost-benefit analysis has long been used in the industry, but yet its application seems to be limited to public projects. In analyzing the literature relating to cost benefit analysis, the speaker attempts to provide an economic perspective of cost-benefit analysis and its unique significance of social costs for the human well-being. Some key issues that are important in cost-benefit analysis but are seldom noticeable in the preliminary stage of project planning are identified in the analysis.  Together with illustrating cases of cost-benefit analysis, the talk means to provide a review of the application of cost-benefit analysis.

Remark : Notes
Response to questions by the attendants of the CPD talk