Which delivery system would you choose for each of the following 5 scenarios (AND WHY), if the item listed was the main driver or characteristic of the project? a. SPEED: A pharmaceutical company needs to get their product out to the market quick. They must complete their production facility project fast. b. COMPLEX: This project is extremely intricate and requires installation of precise instruments and equipment and has very tight construction tolerances. c. COST: There is no way to find more money, you must control the cost. d. INEXPERIENCED OWNER: This owner is a group of doctors who want to build an office complex. This is their first project and possibly their last. Additionally, they’re not really sure the exact scope of the project at first. e. EXPERIENCED, “HANDS-ON” OWNER: This owner is Walmart. They have built countless stores around the world. They have in-house engineering capability and are extremely familiar with the construction process.
Which delivery system would you choose for each of the following 5 scenarios (AND WHY), if the item listed was the main driver or characteristic of the project? a. SPEED: A pharmaceutical company needs to get their product out to the market quick. They must complete their production facility project fast. b. COMPLEX: This project is extremely intricate and requires installation of precise instruments and equipment and has very tight construction tolerances. c. COST: There is no way to find more money, you must control the cost. d. INEXPERIENCED OWNER: This owner is a group of doctors who want to build an office complex. This is their first project and possibly their last. Additionally, they’re not really sure the exact scope of the project at first. e. EXPERIENCED, “HANDS-ON” OWNER: This owner is Walmart. They have built countless stores around the world. They have in-house engineering capability and are extremely familiar with the construction process.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which delivery system would you choose for each of the following 5 scenarios (AND WHY), if the item listed was the main driver or characteristic of the project?
a. SPEED: A pharmaceutical company needs to get their product out to the market quick. They must complete their production facility project fast.
b. COMPLEX: This project is extremely intricate and requires installation of precise instruments and equipment and has very tight construction tolerances.
c. COST: There is no way to find more money, you must control the cost.
d. INEXPERIENCED OWNER: This owner is a group of doctors who want to build an office complex. This is their first project and possibly their last. Additionally, they’re not really sure the exact scope of the project at first.
e. EXPERIENCED, “HANDS-ON” OWNER: This owner is Walmart. They have built countless stores around the world. They have in-house engineering capability and are extremely familiar with the construction process.
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