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Prof. Lam is leading a team working on a General Research Fund study on Cost-Benefit Analysis for smart city projects, the first of which concerns Car Parking Apps in Hong Kong. He will be exploring this subject with participants in the Lecture.  

A smart city project embraces both direct and indirect benefits and costs. Externalities come into the picture but they are often difficult to quantify. Despite this barrier, policy makers need to carry out Cost-Benefit Analysis (CBA) to decide on the huge investments to make a city smart.  A research is being conducted, focusing on the identification of costs (on a life cycle basis) and benefits associated with smart city project developments.  Through the use of established methods, the aim is to build up a framework for carrying out CBA of smart city projects. The findings will be useful for policy makers of cities.  

Here are the details:  
Topic: Smart Cities: A Cost-Benefit Study Framework in the Digital Age
Speaker: Prof. Patrick LAM Tsun Ip  
  Professor, Academic Advisor & Award Coordinator of MSc/PgD in Project Management, Department of Building & Real Estate, The Hong Kong Polytechnic University
Date: 11 April 2018 (Wednesday)
Time: 6:30pm - 8:00pm (Registration from 6:00pm)
Venue: ST111, 1/F, Core S, The Hong Kong Polytechnic University, Hung Hom, Kowloon
(Successful applicants will be informed of details by email)
Medium: English
Poster: Click here
Register: Click here ( Enrollment Deadline : 28 March 2018, Wednesday )