Tuesday, February 20 2018 12:09:11

CPD by Others
Code : 2013054
Event Name : Enhance “Value for Money” of Construction Projects by Value Methodology
CPD Code : Formal Events
Speaker : Dr. Jacky KH Chung, BSc, MPhil, PhD(HKU), CRP, MHKIPM, MHKIVM, MICRM

Dr. Chung serves as a teaching member in the Department of Real Estate of The Hong Kong Polytechnic University after obtaining PhD degree from the Department of Civil Engineering of the University of Hong Kong in 2010. Dr. Chung is actively engaged in Value Management (VM) practice. He is a council member of the Hong Kong Institute of Value Management (HKIVM) as well as Hong Kong Institute of Project Management (HKIPM). Being a consultant of PolyU Technology & Consultancy under the Hong Kong Polytechnic University, he has conducted a large number of professionally facilitated value management and partnering workshops for various client organisations in both public and private sectors. Moreover, Dr. Chung is also an experienced practitioner in the research field. He is a member of the Editorial Team of Built Environment Project and Asset Management, a popular journal published by Emerald. He has more than 30 research publications in leading academic journals and international conferences.
Event Date : 28/05/2013
Event Time : 7:00 pm – 8:30 pm
CPD Hour(s) : 1.5
Venue : Surveyors Learning Centre, Room 120712/F, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong
Division : QSD
Closing Date : Please refer to "Remarks"
Fee : HK$120 for members of HKIS, ICES & HKICM (see Remarks below for the terms of payment and refund for members of HKIS, ICES and HKICM); HK$150 for non-members (HK$20 walk-in surcharge on all prices listed; but subject to availability)
Priority : Members of HKIS (QSD), ICES & HKICM; First-come-first-served [In case of overbooking, equal quota will be given to the 3 institutions. For HKIS quota, priority will be given to Corporate QSD members of HKIS and followed by other QSD members of HKIS.]
Language : English
Details :


  1. Hong Kong Institute of Surveyors (Quantity Surveying Division) [HKIS (QSD)]
  2. Chartered Institution of Civil Engineering Surveyors [ICES]
  3. Hong Kong Institute of Construction Managers [HKICM]

Value Methodology (VM) is described as a powerful management tool to enhance “Value for Money” of projects by adopting a creative multidisciplinary approach to eliminate all unnecessary costs and resource consumption without affecting the targeted product / service quality. The concept of VM was developed by Mr. Lawrence Miles at the US General Electric Company in 1947 with a view to addressing the material shortage problem during the Second World War. The successful application at that time enabled VM to evolve and spread widely into the engineering and manufacturing sectors in North America. VM is now well received by the European countries, Japan, Australia, Korea, India, Saudi Arabia and China. The importance of VM is also recognized by the Hong Kong SAR Government.  It is stated in Technical Circular (Works) No. 352002 (issued by Environment, Transport and Works Bureau in 2002) that VM should be selectively applied to major infrastructure projects.


This talk aims to introduce the philosophy of VM and illustrate how it can help construction managers and quantity surveyors to achieve value improvement in construction projects in a practical manner. Some case studies will be shared and discussed.

Remark :

FULL - No walk-in allowed

Closing Date: 21 May 2013
1.This is a joint CPD amongst HKIS(QSD), ICES and HKICM. All registrations with cheque payments must be through HKIS office as below.
2.Online registration is NOT accepted for this CPD event. Payment should be paid by cheque made payable to “Surveyors Services Ltd.” and sent to HKIS at Room 1205, 12/F, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong.
3.Successful registration will be notified by email and attendance sheets will only be distributed to attendees immediately after the CPD talk. 
For members of HKIS, ICES and HKICM attending for this CPD talk on 28 May 2013, the cheques paid by them will be refunded immediately after the CPD talk.