Real Estate and Construction Management
The programme prepares graduates for the different
occupations related to the real estate, government and
construction management sectors. Our hands-on approach
to teaching and learning implies that our class projects
consist of activities that will provide students with job related
skills. Our close links with industry, local professional bodies
and a strong alumni network allows us to stay abreast with
current developments in the business and integrate this into
our programme.
Programme outline
The curriculum of the programme covers four terms of full time
studies. Within the programme it is possible to specialize in:
Construction Project Management, Real Estate Development
and Land Law or Building and Real Estate Economics. Some of
the courses in Real Estate Development and Land Law are
taught in Swedish.
The first semester consists mainly of foundation courses for all
students within the programme. After the first semester it is
possible to specialize according to educational background
and interest. In the final semester, students will write a degree
project
Background
The performance measurement of Value Management (VM) studies is rarely conducted in
practice due to the lack of appropriate and rigorous measurement models. There are at
least 2 major problems in this area: (1) because of the lack of effective methods for
performance measurement, companies are unable to investigate whether adequate returns
have been made on their investment; (2) it is also difficult to calculate what changes can be
made to improve performance and maximize the benefits of VM studies.
Significance of the project
This project will lead to new knowledge and advanced understanding on the measurements
and ways of improving the performance of VM studies in construction. It is evidently that
organizations who invested in VM studies anticipate impressive performance as well as
remarkable return from their investment. This project will also enrich the knowledge of
implementation of tools to facilitating such measurements to take place. The outcomes from
this project will allow clients to review and compare the performance of VM studies in different
projects so that best practice can be identified and used in future projects. They will be
valuable and timely for the international community at large and Hong Kong in particular.
Project objectives
The objectives of this project are to:
1. Investigate the strengths and weaknesses of the existing performance measurement
models used in VM studies in construction.
2. Develop, validate, and refine a performance measurement framework which is capable
of measuring the processes and outcomes of VM studies in construction in a timely
manner.
3. Implement the framework in a computer-aided toolkit that will be integrated with
collaboration tools for VM studies, so that the measurement and improvement can be
carried out easily and timely.
Outcome and deliverables
The major outcome of this project is likely to be a rigorous and appropriate framework for
measuring the performance of VM workshops. A computer-aided toolkit will be developed to
implement the proposed framework, which will make the measurement easier and quicker.
