Time Schedule:
Arnold L. Holm
CM 550
Seattle Campus
Study of the financial, technical, and management activities and environmental impact regulations and studies associated with the development of residential projects, including business and construction practices and marketing strategies for continued profitable operation of a residential construction firm.
Class description
Somewhat from the Catalog: Study of the financial, technical, and management activities and environmental impact regulations and studies associated with the development of residential projects, including business and construction practices and marketing strategies for continued profitable operation of a residential construction firm with special emphasis on estimating, building, and development of suburban single-family development plats.
Student learning goals
Proficiency in: The role of the residential developer/builder and the developer’s team, The major types of residential real-estate development projects, The steps and time-frames associated with detached single-family real-estate development projects
Competency in: Relationships between developers, municipalities, designers, contractors, and consultants in packaging a development deal
Awareness of: Purchase and Sale agreements, Due-diligence process, Building Permits, Construction Financing, Design and Construction Process, Budgeting, Financial Pro-Forma, Marketing a Completed Project
General method of instruction
CM 550 is based on lecture/discussion to be lead by instructor. Students are expected to participate in class discussions. A team project and presentation will invoke class discussions and questions of guest speakers. Outside course time will also be necessary to review the site and meet with team members.
Recommended preparation
All CM MS students are expected to have completed prior courses in contract documents, materials and methods, construction estimating, scheduling, project management, and safety. Without this basic core understanding it is difficult to comprehend the subject materials.
Class assignments and grading
Students are expected to complete all 5 individual homework assignments and turn them in to the instructor at the beginning of class on the dates specified in the class schedule. Grades on homework assignments turned in late will be decremented 25% per calendar date. A team case study project and presentation will involve at least one field trip. The case study will be discussed further the first day of class. There will also be one final examination in this course. Cell-phones will be turned off during tests (as in all classes) and cannot be used as calculators.
The standard CM Department grading scale will be used to determine the final overall course grade,
