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Forum home » Delegate support and help forum » Professional and Management support » Capital projects
Capital projects
Resolved · Low Priority · Version 2007
Mon 28 Nov 2011, 14:53Delegate Andrew said...
Andrew has attended:
Project Management - Framework & Processes course
Project Intro Intermediate course
Capital projects
What constitutes a capital project as some projects cannot be capitalised?
Mon 28 Nov 2011, 15:45Trainer Simon said...
RE: Capital projects
Hi Andrew,
Thank you for your question and welcome to the forum.
I believe the definition is as follows:
If the total expenditure on the project goes over £50,000 inclusive of VAT then it is deemed a Capital Project. Examples of such projects may be New Builds, land or refurbishment. There are however separate rules to an existing building as it must be a single building and it must add value to the building.
I hope this helps.
Regards
Simon
Mon 5 Dec 2011: Automatically marked as resolved.
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