Capital Projects and Facilities Management (CPFM - Capital Programs 2025

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Capital projects typically involve large-scale projects on the higher-end of expenditures compared to those requiring fewer resources. Some examples of capital projects include roads, railways, manufacturing plants, nuclear power plant construction, power transmission, and electrical distribution.
Key Differences: Purpose: Capital projects aim to create long-term value, often involving enhancements to existing infrastructure or the development of new building space. Timeframe: Capital projects can take years; non-capital projects are shorter-term.
A capital project is distinct from other company projects as it is large in scale, high-cost, and requires considerable planning relative to other investments. Capital projects often refer to infrastructure, like roads or railways, or, in the case of a corporation, the development of a manufacturing plant or office.
Construction, real estate development, creating physical products, enhancing our natural environment; all these are examples of a capital project! Capital improvement to an existing asset, like renovations, also counts.
Public sector capital funding typically comes through federal, state, and local sources, grants, bonds, and public-private partnerships. Private sector companies fund their projects through equity, investments, and loans from a bank or other lender.
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Plans, supervises, and coordinates the activities and operations of assigned capital improvements projects. Ensures the timely, accurate, and cost effective completion of projects.

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