CMGT Chapter 7 Review Questions

What are three ways owners can benefit from alternative project delivery methods?

1. Improved schedules 2. lower project costs 3. less waste

How can value be added to a project in terms of benefits and costs

By using value engineering and employing its principles early on in the project

List the five most common pre-construction services

Feasibility studies, constructibility reviews, conceptual estimating, value engineering, life-cycle cost analysis

What are two benefits of using conceptual estimating

It helps clients and architects track the impacts of the design, as the design develops and it also gives the owner cost certainty much earlier in the design process

Who should perform the constructibility review

It is not done by one single person. The members of a team who are most familiar with the means and methods of construction are most qualified to perform this review

Define life-cycle cost

It provides long term cost projections for a particular building investment over its useful life cycle. It considers all prices associated with everything from initial cost to disposal cost

Define pre-construction services

Pre-con services are anticipatory planning, analytical, and evaluation activities that occur before construction begins, often during the design phase. The primary goal for these activities is to eliminate inefficiencies associated with the building process, supply chain, inspection and approval processes

How are cost models developed

The project program gives the contractor the information that he/she needs to start building a cost model. Once the contractor has information on the gross overall quantities for the proposed new building, establishes the quality standard desired by the owner, and has current unit prices based on previous project, they can build the cost model

How do feasibility studies benefit the owner

These studies consider how successful the project will be in meeting the owner's intended purpose of the project. The construction manager will also help the owner pick out the positive an negative outcomes of the project before they proceed with the investment and capital expenditure

When does the pre-construction phase take place?

long before the actual building process begins