![]() safety, durability, sustainability), as well as increasing expectations from various stakeholders.Ī capital project is an often-pricey, long-term project to expand, maintain, or improve upon a significant piece of property. (definition source: Investopedia)Įvery year, construction grows more complex due to macro-level trends such as global labor shortages, unpredictable resource supply chains, and increasingly stringent construction requirements (e.g. Capital projects are defined by their large scale and large cost relative to other investments that involve less planning and resources. ![]() Project Type Show submenu for Project TypeĪ capital project is a long-term, capital-intensive investment to build upon, add to, or improve a capital asset. ![]()
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