Core TSIs : Capital Projects : Concepts : Capital project
Capital project
A capital project is a project focused on managing significant investments in long-term assets, such as buildings, infrastructure, or equipment. Capital projects focus on capital expenditure (CapEx), ensuring rigorous oversight of project costs and budgets throughout the project lifecycle.
When creating a project, you can specify whether it is a capital expenditure (CapEx) or operational expenditure (OpEx) project. Capital expenditure projects are exclusively linked to CapEx budgets, allowing for precise tracking and management of investment-related costs. Conversely, operational expenditure projects are linked only to OpEx budgets, which cover ongoing operating expenses. This distinction ensures clear financial governance and accurate reporting for both types of projects.