07 Apr PASS Project – Post Event Report 1
PASS PS173008 7 April 2020
Promoting & Extending VM Professional Services in the Belt and Road Regions
International Conference: Project Creation & Survival via Value Management
on 29 June 2019 09:00-17:00 at Metropark Kowloon Hotel, Hong Kong
Interactive Workshop: In-depth Dialogues on VM Practices in Different Countries
on 30 June 2019 09:00-17:30 at Metropark Kowloon Hotel, Hong Kong
Xiaoyi WEI, Ph.D. Candidate, City University of Hong Kong
Mei-yung LEUNG, Associate Professor, City University of Hong Kong
Value Management (VM) has been used since 1947 in America by the clients and the project delivery teams to obtain optimum value for each dollar spent. Apart from the cost savings in the range of 10-15% for most projects, VM can also support the project team to create innovative ideas via the systematic job plan (i.e. information, function analysis, creative, evaluation, and development phases). In order to boost the regional economies along the Belt and Road regions, a lot of construction projects in different countries including China (including Hong Kong), South East Asia (e.g., Malaysia, the Philippines, Brunei, Indonesia and Sri Lanka), Western Asia (e.g., Iran), South Asia (e.g., Pakistan), and Europe (e.g., the Netherlands) has been developed. Traditional decision making allows stakeholders to contribute their ideas but may not effectively achieve the intended project success. In real situations, there are difficulties in communication, particularly when involving multi-stakeholders from different parties from various countries in the dynamic external environment for complicated construction projects.
The Hong Kong Institute of Value Management (HKIVM) has obtained funding support from the Professional Services Advancement Support Scheme (PASS) of the Government of the Hong Kong Special Administrative Region to promote and extend VM professional services in the Belt and Road Regions.
Further to Seminar 1: Value Management in Developing Country – Malaysia conducted on 29 November 2018, Seminar 2: Value Management in Developing Country – Sri Lanka conducted on 30 November 2018, and Workshop 1: Managing Cultural Issues in Teamwork for VM Workshop conducted on the same day, an International Conference and an Interactive Workshop were successfully conducted on 29 and 30 Jun 2019 respectively. The events were also supported by 11 organizations, including Beria, City University of Hong Kong, HKICM, HKIS, ISHP, JCP, PAQS, HKIPM, AIB, ICES and HKFEMC.
HKIVM President (Ir. Tsang) and Keynote speaker (Mr. Luk)
The International Conference
The title of the international conference is “Project Creation & Survival via Value management”.
Eight international value management (VM) experts (Sr. Cecilia Obico Torres from the Philippines, Mr. Khursheed Ahmed from Pakistan, Prof. Chitra Weddikkara from Sri Lanka, Sr. Rohanis Ab Ghani from Malaysia, Mr. Hein B.A. de Jong from the Netherlands, Mr. Mahmoud Karimi from Iran, Sr. Mohamed Humdhan from Brunei, and Mr. Andria Muharami Fitra from Indonesia), and five council members from HKIVM (Ir. Paco Tsang, Dr. Mei-yung Leung, Sr. Ki-cheung Tang, Sr. Thomas Yu-on Wong, and Ir. Lillian Chan) were invited to share their various valuable VM experiences for the project creation and survival internationally and locally.
Over 150 participants from different countries participated in the conference.
The President of the HKIVM (Ir. Paco Tsang) delivered a welcome speech to introduce the objectives of the conference, and gave thanks to the speakers, supporting organizations and participants at the beginning of the conference. After that, the keynote speaker, Mr. Luk Wai-hung from the Highways Department of the Government of the Hong Kong Special Administrative Region introduced the government policy on adopting VM and shared his experience on how to make a VM workshop valuable and successful.
Speakers in Session 1 (Sr. Tang and Sr. Torres)
The subsequent sessions comprised:
- Using Value Methodology for Partnering, Quality and Risks Management (by Sr. K C Tang, Hong Kong)
- Challenges of Value Management in Various Stakeholders to the Philippine Construction Industry (by Sr. Cecilia Obico Torres, the Philippines)
Speakers in Session 2 (Dr. Leung, Sr. Ghani, Prof. Chitra and Mr. Ahmed)
- Belt & Road Projects and Implementation of VM-Case of Pakistan Construction Industry (authored by Prof. Rizwan U. Farooqui, Pakistan, and presented by Khursheed Ahmed, Pakistan)
- Value for Money by the National Procurement Commission in Sri Lanka (authored by Dr. Palitha Ekanayake, Sri Lanka, and presented by Prof. Chitra Weddikkara, Sri Lanka)
- Function Analysis in the Team Decision-making Process via a 12-hour VM Training Workshop in Hong Kong (Dr. Mei-yung Leung, Hong Kong)
- Contextualization of Value Management (VM) Implementation in the Malaysian Public Construction Projects (Sr. Rohanis Ab Ghani, Malaysia)
Speakers in Session 3 (Mr. Hein and Mr. Karimi)
Speakers in Session 3
HKIVM council member (Sr. Humdhan, Mr. Chou, and Sr. Wong)
- Value Planning: Survival of the Fittest Projects – A Piece of Cake for Value Engineers (Mr. Hein B. A. de Jong, the Netherlands)
- Iranian VE experiences in the Last 20 years (Mr. Mahmoud Karimi, Iran)
- Unlocking Your Mind Power via Value Management (Sr. Thomas Yu-on Wong, Hong Kong)
- Current Construction Practices in Brunei (Sr. Mohamed Humdhan, Brunei)
Speakers in Session 4 (Mr. Fitra and Ir. Chan)
- Value Engineering Road Map of the Directorate General of Highways of Indonesia (authored by Mr. Nazib Faizal, Indonesia, and presented by Mr. Andria Muharami Fitra, Indonesia)
- Value Management for Innovation (Ir. Lillian Chan, Hong Kong)
- Enhancing Team Spirit in VM (Ir. Paco Tsang, Hong Kong)
Participants’ Discussion in the Workshop
Group Presentation in the Workshop
The Interactive Workshop
The Interactive Workshop is titled “In-depth Dialogues on VM Practices in Different Countries”.
Over 24 participants participated in the workshop.
During the workshop, Ir. Paco Tsang, Dr. Mei-yung Leung, Ir. Lillian Chan and Sr. Ricky Wong from the HKIVM, and Mr. Hein B.A. de Jong from the Netherlands played the roles of facilitators in the information, function analysis, creativity, evaluation and development phases respectively.
Throughout the workshop, participants were divided into six groups focusing on different regions (i.e., Brunei, Hong Kong, Iran, Malaysia, the Netherlands and Sri Lanka & the Philippines). Through the application of Value Methodology, they shared the current VM or team decision making practices in different countries, analysed the functions of VM in developing countries, created and evaluated ideas for VM promotion and implementation in developing countries, and finally developed the best ideas into detailed proposals. A more detailed account of the outcomes is given in another article.
In total, the HKIVM has conducted 2 seminars, 2 interactive workshops and 1 international conference which were all very successful with plentiful contents and positive responses. Through those events, the professionals could update their international VM knowledge and skills for improving their professional performance in the practical industry, especially for key decision making. Furthermore, professional services could be expanded to VM facilitation for construction projects in other countries along the Belt and Road.
We look forward to seeing more construction professionals and VM practitioners in our future events to promote VM services to the Belt and Road regions.
The photos of the conference and workshops can be downloaded from:
This material/event is funded by the Professional Services Advancement Support Scheme of the Government of the Hong Kong Special Administrative Region.
Any opinions, findings, conclusions or recommendations expressed in this material/any event organized under this project do not reflect the views of the Government of the Hong Kong Special Administrative Region or the Vetting Committee of the Professional Services Advancement Support Scheme.