capital project management

Gen Mgt
control of a project that involves spending an organization’s monetary resources for the purpose of creating capacity for production. Capital project management often involves the organization of major construction or engineering work. Capital projects are usually large scale, complex, need to be completed quickly, and involve capital investment. Different techniques have evolved for capital project management from those used for normal project management, including methods for managing the complexity of such projects, and for analyzing return on investment afterward.

The ultimate business dictionary. 2015.

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