INTRODUCTION TO HKIVM

Hong Kong Institute of Value Management Limited (HKIVM)

Hong Kong Institute of Value Management Limited (HKIVM) was formally established in 1995. HKIVM is a non-profit making organisation dedicated to the promotion of the use of Value Management in Hong Kong. Value Management (VM) as a philosophy, together with its associated tools and techniques, emphasizes the need to consider function and cost in a structured and systematic way, as part of any strategic decision process. Over the past 22 years, the HKIVM has hosted thirteen international conferences, conducted a number of value training workshops, and regularly published a newsletter. Its members have conducted hundreds of highly successful VM studies for both public and private construction industry clients.

Our Vision
  • To become recognized as the focal point for knowledge and expertise in enhancing the value of projects, products, processes & services.
HKIVM's Aims
  • To create an awareness in the community of the benefits to be derived from the application of Value Management in Hong Kong.

  • To encourage the use of the Value Management process by sponsors.

  • To establish and maintain standards of Value Management practice in Hong Kong.

  • To contribute to the dissemination of the knowledge and skills of Value Management.

  • To establish an identity for the Institute within Hong Kong and overseas.

  • To encourage research and development of Value Management with particular emphasis on developing new applications of the process.

  • To encourage and assist in the education of individuals and organisations in Value Management in Hong Kong.

  • To establish and maintain a Code of Conduct for practitioners of Value Management in Hong Kong.

  • To attract membership of the Institute to support these objectives

Message from the President:

Dear Members,

It is my great honour to continue with the post of the President of the HKIVM for the term in year 2018. Having served the Institute as the President for the last two years, I can see the growth of the Institute. Most importantly, all of our Council Members are unique and they are able to adopt the VM techniques to lead the Institute to move on the right track. They all are highly committed to openly expressing their views to enhance the development of the Institute.

In this year 2018, we received the support from The Government of The Hong Kong Special Administrative Region to promote Value Management in the Belt and Road Regions. On the coming 29 and 30 November 2018, we are honoured to have the world known speakers from Malaysia, Sri Lanka and USA to conduct a series of seminars and workshops. Through the exchange of knowledge, we hope we can have a better understanding of the current value management practices including policy, project characteristics, time and cost management, etc. in different countries along the Belt and Road, so that Hong Kong construction professionals are equipped to work there. In addition to the above, we are planning to hold a VM conference in May 2019.

We plan to further promote VM in Hong Kong. Firstly, we plan to spread the knowledge of value management to more people by conducting more formal VM training programmes. Secondly, we also would like to conduct regular seminars to enhance the practical skills of VM of our members. Thirdly, we would start to consider establishing our own qualifying examinations.

I believe that attitude and relationship are important. With our dedicated team of Council Members, I am sure that we all can devote to the VM profession and look forward to seeing you in our forthcoming seminars, workshops and conference.

paco

Paco TSANG

President of HKIVM, 2018

 

 
Last Updated: 16 September 2018