Using information technology to overcome difficulties in value management studies- Hong Kong's experience

This paper introduces findings from a recent research study of the difficulties encountered in Value Management (VM) studies and the useful information Technology (IT) tool,; that can be applied to overcome these ditllculties. The study was conducted by using a structured LJUcstiLmnaire and a number of follow-up interviews and focus group meetings with two groups of people. rhe first group consists of members of the Hong Kong Institute of Value Management (HKIVM) experienced in VM studies. The second group consists of construction professionals who have obtained comprehensive knowledge of VM, but have less experience in VM studies. Findings from this study are also discussed in the light of views from several intcmational members of VEAMAC (Value Engineering, Analysis, Management Academic Community). Finally, suggestions on how IT can be used as an enabling tool to overcome difficulties in YM studic:s arc made based on the findings.Department of Building and Real Estat