Project Strategy and Governance Office (PSGO)

The government has continued to invest in capital works to improve the living quality and maintain long term competitiveness of Hong Kong. Meanwhile, we are faced with the challenges of high construction cost and an ageing construction workforce. The general public also has an increasing aspiration for better performance of capital works projects. In June 2016, the Project Cost Management Office (PCMO) was established under the Development Bureau to implement cost management initiatives for the delivery of capital works projects in a timely and cost-effective manner. In April 2019, PCMO was upgraded and renamed as the Project Strategy and Governance Office (PSGO) for implementing strategic initiatives and enhancing capabilities in cost surveillance and project governance. PSGO adopts a holistic approach to improve the performance of capital works projects and strengthen cost management through the following initiatives: STRATEGY: Leading the development of strategies to enhance project performance. CAPABILITY: Uplifting project delivery capability. GOVERNANCE: Strengthening governance to improve project and cost management. COLLABORATION: Enhancing collaboration with international and local counterparts. General enquiries: psgo@devb.gov.hk