He begins by speaking with an investment banker. Depending on what is best suited for your entity, include this definition in the municipal code, in adopted financial policies, or in the CIP instruction manual.
Once he has decided how he will finance, build, and market the building he steps into action. He has grown his success, over time, and now owns buildings in many major cities.
Due to this fact, an example of a project would be the building of a sky scraper, creation of an oil pipeline, or in the context of government, the building of a highway system. Excel can be cumbersome…. Typically, the definitions were broad in scope, and included a range of items such as land acquisition, construction, equipment purchases, technology infrastructure and major systems such as an ERPmajor renovations, and special studies such as new Infrastructure Master Plans.
Bridges, railway lines, roads, tunnels, and telephone lines are infrastructure items. Scarcity of resources is also sometimes a problem.
In this way, a capital project justification starts from an initial opportunity and flows from the initial founder to the detail oriented specialist.