Guibas conjectured that given a convex polygon P in the xy-plane along with two triangulations of it, T₁ and T₂ that share no diagonals, it is always possible to assign height values to the vertices of P such that PT₁T₂ becomes a convex 3-polytope. Dekster found a counter example but left open the questions of deciding if a given configuration corresponds to a convex 3-polytope, and constructing such realizations when they exist. This paper presents a characterization of realizable configurations for Guibas' conjecture based on work from the area of polytope convexity testing. Our approach to the decision and construction problems is a reduction to a linear-inequality feasibility problem. The approach is also related to methods used for deciding if an arbitrary triangulation of a point set is a regular triangulation. We show two reductions, one based directly on a global convexity condition resulting in number of inequalities that is quadratic in the number of vertices of P, and one based on an equivalent local convexity condition resulting in a linear number of inequalities.