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.



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).

The awards will be based on the quality of the dissertations submitted to the Award Assessment Committee.
Two separate sets of awards will be arranged for students from Hong Kong and China.
A maximum of six awards will be given at each International Conference for students in Hong Kong and China.
Award Category
Hong Kong
Memorial Award
1 person @ HK$5,000
1 person @ HK$5,000
Distinction Award
1 person @ HK$2,000
1 person @ HK$2,000
Merit Award
1 person @ HK$1,000
1 person @ HK$1,000
Total : HK$8,000
Total : HK$8,000
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.
The submission of the paper to the HKIVM International Conference and presentations must be in English and with full acknowledgments.
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.


All comments are welcomed, please forward them to Dr. Frederik Pretorius.

Fax: (852) 2559 9457



Recipients of the Tony Toy Memorial Award during the HKIVM 6th International Conference were

Award Category
Title of Thesis
Memorial Award
Dr. Guiwen LIU
A Framework for Implementing Value Management in China's Construction Industry
Merit Award
Mr. David Ngo-pang NG
A Study of Value Management and Building Design Practices
Mr. Hubert, Kwong-leong CHAN
Verification of A Commitment - Outcome Model in the Value Management Process by Multi-Analysis Method
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