CIOB: Hill International & CIOB announce masterclass to provide support to Hong Kong construction industry
Hill International (NYSE:HIL), in partnership with the Chartered Institute of Building (CIOB) have announced their plans to hold a Masterclass in March 2009, focusing on risk and cost management, and dealing with delay and disruption in the construction industry. The event will be held for the first time in Hong Kong since 2004 at the Mandarin Oriental on 10th and 11th March 2009.
Michael Brown CIOB Deputy Chief Executive said; “According to our research into managing the risk of delayed completion last year, a high proportion of complex construction projects are likely to be finished more than six months late, due to poor time control.
“The growth in training, education and skill levels within the industry in the use of time-management techniques has not kept pace with the technology available. This should be of concern to many companies, as there is a trend towards developing contracts which are increasingly punitive if not executed efficiently. This Masterclass will give delegates the necessary information to make sure they are not adversely affected by those trends in the future.”
“Hill International and the CIOB have been running these Masterclasses for nearly ten years. After the success of previous Masterclasses, including Singapore last year, we made the decision to hold a Masterclass in Hong Kong this year” said Stuart Wilks, Senior Manager, Hill International UK. “The Masterclass enables delegates to learn how to manage risk, analyse delay and learn what the law requires in dispute resolution, providing an essential opportunity for all in the industry to reduce costs during the current economic climate.”
“Due to the huge challenges in the industry and Hong Kong business sector as a whole, it is important that everyone maintains a competitive edge and keep abreast of new developments.” commented Chris Short, Managing Consultant with Hill’s Construction Claims Group. “The Masterclass provides this, with experts such as our own Keith Pickavance, the author of the internationally acclaimed ‘Delay and Disruption in Construction Contracts’, along with a selection of expert speakers, and worldwide construction delegates including Andrew Aglionby, Ian Cocking, Thomas Lee, Tim Hill and others. The course is indispensable for construction and legal professionals” added Short.
The first day of the Masterclass addresses the successful use of the latest tools to manage and deal with change, delay and disruption. The second day will focus on the analysis of change, delay and disruption retrospectively, and presentation of claims for loss and expense in different forums using a variety of cutting-edge techniques.
Hill International, Inc.
John P. Paolin
Marketing and Corporate Communications
Chartered Institute of Building
Press & Communications Manager
The Chartered Institute of Building (CIOB) represents on behalf of the public the most diverse set of professionals in the construction industry.
The CIOB’s role is to:
· Promote the importance of the built environment.
· Lead the industry to create a sustainable future worldwide.
· Encourage leadership potential.
· Set the highest standards in quality, safety and qualification.
· Create an industry where excellence prospers.
A full copy of the CIOB’s research into ‘Managing the Risk of Delayed Completion’ is available to download at www.ciob.org.uk/resources/research.
Further information is available by contacting Saul Townsend CIOB press and communications manager on +44 (0) 1344 630 766 – email@example.com.
Hill International, with 2,300 employees in 80 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 11th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
Certain statements contained in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information contained in this press release, the matters set forth herein including, but not limited to, any projections of earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include: modifications and termination of client contracts; control and operational issues pertaining to business activities that we conduct on our own behalf or pursuant to joint ventures with other parties; difficulties we may incur in implementing our acquisition strategy; the need to retain and recruit key technical and management personnel; and unexpected adjustments and cancellations related to our backlog. Additional factors that could cause actual results to differ materially from our forward-looking statements are set forth in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.
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