In the Project Management Achievement Awards (2015)organized by the Hong Kong Institute of Project Management (HKIPM), one academic staff of the Department of Building and Real Estate (BRE) of PolyU was rewarded for his research project announced on 3 November 2015. Under the Research category, Dr Daniel W.M. Chan (陳煒明博士),Associate Professor of BRE, was one of the two prize winners from PolyU with his empirical study of identifying and managing the key risk factors for implementing the Target Cost Contracts (TCC) in Hong Kong, the United Kingdom and Australia. He received an award certificate from the President of HKIPM at the HKIPM Annual Dinner 2016 held on Thursday, 14 April 2016 at the Royal Plaza Hotel, Mong kok, Kowloon.
Project Title: Evaluating the Key Risk Factors and Risk Sharing Mechanisms for Target Cost Contracting (TCC) Schemes in Construction
Research Team Leader: Dr Daniel Chan
Research Team Members: Prof Albert Chan, Dr Patrick Lam, Dr Joseph Chan
Overseas Research Collaborators: Mr Wayne Lord (UK)and Dr Tony Ma (Australia)
The HKIPM Project Management Achievement Awards (HKIPM Awards) is held each year in Hong Kong, and the awards are aimed to provide an opportunity for organizations and project managers in different disciplines showing their project success amongst their counterparts. The winners under each category of HKIPM Awards will be endorsed by HKIPM to submit to the international judging panel of the Asia Pacific Federation of Project Management Achievement Awards (apfpm Awards). The awards were based on the quality of application submission and the practical outcomes of research projects conducted by academics in Hong Kong, the contents of which should be focused on the pertinent aspects of project management.
