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Forecasting the manpower demand for quantity surveyors in Hong Kong

Author(s):
Medium: journal article
Language(s): English
Published in: Australasian Journal of Construction Economics and Building, , n. 3, v. 13
Page(s): 1-12
DOI: 10.5130/ajceb.v13i3.3278
Abstract:

Recently, there has been a massive infrastructure development and an increasing demand for public and private housing, resulting in a shortage of qualified quantity surveyors. This study aims to forecast the demand for qualified quantity surveyors in Hong Kong from 2013 to 2015. Literature review indicates that the demand for quantity surveyors is a function of the gross values of building, civil engineering and maintenance works. The proposed forecasting method consists of two steps. The first step is to estimate the gross values of building, civil engineering and maintenance works by time series methods and the second step is to forecast the manpower demand for quantity surveyors by causal methods. The data for quantity surveyors and construction outputs are based on the ‘manpower survey reports of the building and civil engineering industry’ and the ‘gross value of construction works performed by main contractors’ respectively. The forecasted manpower demand for quantity surveyors in 2013, 2014 and 2015 are 2,480, 2,632 and 2,804 respectively. Due to the low passing rate of the assessment of professional competence (APC) and the increasing number of retired qualified members, there will be a serious shortage of qualified quantity surveyors in the coming three years.

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Structurae cannot make the full text of this publication available at this time. The full text can be accessed through the publisher via the DOI: 10.5130/ajceb.v13i3.3278.
  • About this
    data sheet
  • Reference-ID
    10338646
  • Published on:
    05/08/2019
  • Last updated on:
    05/08/2019
 
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