Forecasting the manpower demand for quantity surveyors in Hong Kong

Ho, P H K (2013) Forecasting the manpower demand for quantity surveyors in Hong Kong. Construction Economics and Building, 13(3), pp. 1-12. ISSN 2204-9029

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.

Item Type: Article
Uncontrolled Keywords: Hong Kong; manpower forecast; quantity surveyors
Index terms: forecasting, construction output, quantity surveying, Hong Kong, time series, survey, main contractor, estimate, infrastructure development, construction work, literature review, competence, housing
Subjects: prediction and forecasting, profession, financial and cost management, operations management, construction type, Geography, practitioner, personnel development, data collection methods, data science, data analysis and analytics, infrastructure engineering
Topics: Research Practice, Project Management, Human Resources, Construction Technology, Geographical Context, Cost Management, Roles and Professions, Engineering Principles
Descriptive scope: 5 PCTEA

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