In the Project Management Achievement Awards (2017) organized by the Asia Pacific Federation of Project Management (apfpm 亞太區項目管理聯會), a team of academic staff of the Department of Building and Real Estate (BRE) of PolyU was rewarded for their research project announced on 18 October 2017. The application submitted by the research team led by Cr Dr Daniel W.M. Chan (陳煒明博士營造師), Associate Head (Teaching and Learning) and Associate Professor of BRE, was adjudicated as the Winner of the apfpm Project Management Achievement Awards (Category: Research) with their empirical study of Guaranteed Maximum Price (GMP) and Target Cost Contracting (TCC) Procurement Strategies in Hong Kong. They were bestowed an award certificate from the Judging Panel at the Australian Institute of Project Management (AIPM) National Conference 2017held on Tuesday, 24 October 2017 at the Melbourne Convention and Exhibition Centre, Melbourne, Australia.
Project Title: An Investigation of Guaranteed Maximum Price (GMP) and Target Cost Contracting (TCC) Procurement Strategies in Hong Kong Construction Industry
Research Team Leader: Cr Dr Daniel W.M. Chan, Associate Professor and Associate Head(Teaching and Learning) of BRE, PolyU
Research Team Members: (1) Ir Prof Albert P.C. Chan,Chair Professor of Construction Engineering and Management and Head of Department of BRE, PolyU; and (2) Sr Prof Patrick T.I. Lam, Professor of Construction Economics and Finance, BRE, PolyU
The awards were based on the quality of application submission and the practical outcomes of research projects conducted by academics in Hong Kong and the Asia Pacific Region, the contents of which should be focused on the pertinent aspects of project management.
