THE HONG KONG INSTITUTE OF SURVEYORS

Code	:	2019183
Event Name	:	Project Cost Benefit Analysis – New Perspectives
CPD Code	:	Formal Events
Speaker	:	Dr. Alexia Nalewaik, American University Dr. Alexia Nalewaik is a professor of project management and sole practitioner consultant, the owner of QS Requin Corporation. She has over 25 years of experience in audit, systemic risk, project analytics, governance, and cost engineering. Alexia is Research Chair of the International Cost Engineering Council (ICEC). She is a Fellow of RICS Americas, AACE International, the Guild of Project Controls, and ICEC. She is a Past President of AACE International, and a Past Chair of ICEC. She is also a member of the American Society of Civil Engineers, IPMA-USA, and the National Association of Construction Auditors.
Event Date	:	2019-11-09
Event Time	:	9:30 am – 12:30 pm
Registration Closing Date	:	2019-11-08
CPD Hour(s)	:	3
Venue	:	UG12, PolyU Hung Hom Bay Campus, 8 Hung Lok Road, Hung Hom Kowloon, Hong Kong
Division	:	QSD
Organizer	:	Quantity Surveying Division and PolyU SPEED
Closing Date	:	2019-11-08
Fee	:	Free of charge for HKIS member [*Please see the term in the Remarks]
Priority	:	Priority will be given to Corporate QSD members
Language	:	English
Details	:	What are the criteria for selecting and financing successful projects? How does perspective affect decision-making? How is cost-benefit analysis used to influence agencies and policymaking? This workshop focuses on project cost-benefit analysis, a subset of project economics. In addition to quantitative analysis, it covers qualitative analysis. The material is offered clearly in an easily understandable format with straightforward maths, applicable not just to engineering and construction projects but also to social sciences projects and major events. It includes topics such as: stakeholders, risk, ethics, bias, and political applications, in order to provide a whole-perspective theory of cost-benefit analysis, and looks beyond the project selection phase to what happens if the selected project does not deliver. This workshop will be useful to project owners, project team members, and management professionals. Presentations on this topic are often written for finance professionals and tend to have a purely financial point of view, relying heavily on the use of spreadsheets and discussion of economic theory. Those written for engineering professionals tend to focus on modeling and substantial quantitative analysis, with terminology and mathematics that scare away project management professionals in less technical fields. This is something in-between the above, specifically focused on projects, presented in a straightforward and accessible manner. Core concepts of cost engineering and project management, ethics and bias, stakeholders, and risk need to be understood and established before any qualitative or quantitative evaluation of the project can be performed. There is much more to project cost-benefit analysis than just economic theory.
Remarks	:	FULL (NO WALK IN AVAILABLE) 1. For registration, please send a completed Registration Form to [email protected]. 2. Online registration is NOT accepted for this CPD event. Successful registrant will receive an official confirmation from HKIS by email. This CPD talk is free of charge for HKIS members. If registered members fail to attend the workshop on 9 November 2019, HKIS will charge HK$100 for administration fee.
Payment	:	HKD
Face-to-Face/Zoom	:	Please refer to the remarks

1.	The registration fee is non-refundable and non-transferrable.
2.	A registration number will be generated for each application. The registration number is unique and non-transferrable. Members cannot proceed to payment if they do not apply the CPD event and obtain the registration number through the HKIS website.
3.	Payment can be made by cheque or by Credit Card (Shanghai Commercial Bank Ltd. / American Express). Cheques should be made payable to “SURVEYORS SERVICES LTD.”. A separate cheque or Credit Card payment instruction form is required for each event/ application. You should write down the registration number and HKIS membership number at the back of your cheque. The HKIS Secretariat will update the payment status and your application will be confirm when HKIS Secretariat receive your payment.
4.	Payment by PayPal is also acceptable. Please register in our web site before the closing date for each event. Please be reminded that if you cannot settle the payment within 7 days from the date the HKIS Secretariat accepted your registration, your registration number will be invalid and your application will be rejected. Your name will not be included in the registration list and you cannot attend the concerned CPD event. (Not applicable for site visit / social event / joint event with other organisation)
5.	An official receipt which must be presented at the event, will be available for downloading from the "CPD Profile" under Members Corners when payment is received.
6.	Incomplete or wrongly completed registration will not be processed.
7.	In the event a Typhoon Signal No. 8 or above or Black Rainstorm Warning is hoisted, the event will be postponed and a new arrangement will be announced. Should the aforesaid warnings be lowered 4 hours before the event, the event will proceed as normal.
8.	If you have not received any reply from HKIS Secretariat within 7 days of the event, you may call the Secretariat at 2526 3679 to check the progress of your registration.
9.	The HKIS reserves the right of final decision and interpretation in the case of any disputes.

1.	I confirm that I fully understand and accept the risk of joining the above visit. Under no circumstances shall The Hong Kong Institute of Surveyors ("HKIS"), their staff or agents be held liable for the consequence of any accidents whether or not they are caused by the negligence of the HKIS, their staff and/or agents.
2.	Members participating in the above visit shall be in good health condition.
3.	While the HKIS has arranged Group Personal Accident insurance for members joining the above visit, members who have been accepted for joining the above visit can consider procuring an appropriate insurance policy to cover their own risks before attending the event.
4.	Claims related to COVID-19 and/or pandemics are excluded under the insurance policy procured by the HKIS.