ENCE 325 MIDTERM QUESTIONS & ANSWERS
A Large developer, ENCE Properties Inc., is in the feasibility stage and needs a
conceptual estimate for a new condo building on the waterfront. Referring to prior
projects, ENCE believes it would cost $150,000 per condo unit. Available capital
investment is only $22,500,000. How many condo units could the developer afford to
build in this new project? - Answer -150
In addition to Financial feasibility and Regulatory requirements, what are the other
remaining issues that ENCE Properties would need to consider as part of its due
diligence before proceeding with this project? (Select all that are applicable?) - Answer
-Needs Assessment, Site Selection, Schedule Feasibility (NOT Global
Macroeconomics)
As ENCE Properties moves forward with their development, they must select a project
delivery method to engage the designer and builder. They're considering a relatively
new approach that is gaining in popularity and offers a high degree of collaboration
enabled by BIM. Which of the following is this delivery method? - Answer -Integrated
Project Delivery (IPD)
In reviewing the Design-Bid-Build delivery method, ENCE Properties is concerned with
the disadvantages of this approach. Select all of the applicable disadvantages of DBB
below. - Answer -Can be adversial, Can't fast track, No constructability reviews (IS
familiar to the industry)
ENCE Properties is encouraged by the advantages of the Design-Build delivery method.
Select all of the applicable advantages of DB below. - Answer -Flexibility, Contractor on
board early, Better communications between Architect/Contractor (Owner is NOT highly
involved and has known cost)
In considering the Construction Management project delivery method, the Agency CM
approach places the Construction Manager (CM) at risk financially. (T/F) - Answer -
False
ENCE Properties is also reviewing the characteristics of the At-Risk CM Delivery
method. Select all of the following that are applicable. - Answer -GC hired early as the
CM, Owner has 2 contracts, can be fast-tracked (Owner does NOT have three
contracts)
ENCE Properties' new condo development project is largely residential with a formulaic
unit design that is highly repeatable. Further, they have a complete design information
and desire a fixed price at the outset. Given these factors, which project delivery
method best aligns in moving forward? - Answer -Design-Bid-Build (DBB)
A Large developer, ENCE Properties Inc., is in the feasibility stage and needs a
conceptual estimate for a new condo building on the waterfront. Referring to prior
projects, ENCE believes it would cost $150,000 per condo unit. Available capital
investment is only $22,500,000. How many condo units could the developer afford to
build in this new project? - Answer -150
In addition to Financial feasibility and Regulatory requirements, what are the other
remaining issues that ENCE Properties would need to consider as part of its due
diligence before proceeding with this project? (Select all that are applicable?) - Answer
-Needs Assessment, Site Selection, Schedule Feasibility (NOT Global
Macroeconomics)
As ENCE Properties moves forward with their development, they must select a project
delivery method to engage the designer and builder. They're considering a relatively
new approach that is gaining in popularity and offers a high degree of collaboration
enabled by BIM. Which of the following is this delivery method? - Answer -Integrated
Project Delivery (IPD)
In reviewing the Design-Bid-Build delivery method, ENCE Properties is concerned with
the disadvantages of this approach. Select all of the applicable disadvantages of DBB
below. - Answer -Can be adversial, Can't fast track, No constructability reviews (IS
familiar to the industry)
ENCE Properties is encouraged by the advantages of the Design-Build delivery method.
Select all of the applicable advantages of DB below. - Answer -Flexibility, Contractor on
board early, Better communications between Architect/Contractor (Owner is NOT highly
involved and has known cost)
In considering the Construction Management project delivery method, the Agency CM
approach places the Construction Manager (CM) at risk financially. (T/F) - Answer -
False
ENCE Properties is also reviewing the characteristics of the At-Risk CM Delivery
method. Select all of the following that are applicable. - Answer -GC hired early as the
CM, Owner has 2 contracts, can be fast-tracked (Owner does NOT have three
contracts)
ENCE Properties' new condo development project is largely residential with a formulaic
unit design that is highly repeatable. Further, they have a complete design information
and desire a fixed price at the outset. Given these factors, which project delivery
method best aligns in moving forward? - Answer -Design-Bid-Build (DBB)