Understanding Capital Improvements
Understanding Capital Improvements

Author: W.A. Flickinger

Publisher: Page Publishing Inc

Published: 2024-06-25

Total Pages: 218

ISBN-13:

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All townships, cities, counties, and states perform capital improvements using public funds and, often, additional funding from other governmental agencies. All expenditures are regulated by city or county codification of ordinances, state statutes, or Federal Acquisition Regulations. All capital improvements are subject to audit by the institutions providing the funding. All ordinances, state statutes, and the Federal Acquisition Regulations provide regulations or laws that require specific adherence to many issues in order to maintain funding or be eligible for future funding. Under audit, the governmental agency performing or that has performed the capital improvements must show documentation that exhibits adherence to all the requirements. Unfortunately, the various regulations and laws do not provide the means or methods to document the required compliance. This book provides an understanding of the capital improvement process and various methods of documentation, including specific language within supplied forms and contract front-end documents that will support and provide the necessary documentation showing adherence to the regulations and laws. The proper understanding of the process and documentation may be the difference between a successful audit or a failure and possibly the loss of current or future funding.

A Framework to Prioritize Capital Improvement Projects
A Framework to Prioritize Capital Improvement Projects

Author: Judith Nora Coyne

Publisher:

Published: 2015

Total Pages: 55

ISBN-13:

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Capital improvement planning is at the forefront of a planner's role in protecting the public interest. Capital projects that are delayed or tabled can cause budget overruns or in some cases deprive communities of critical services. Members of the governing bodies responsible for approving capital improvements often have limited terms of office or of appointment, or else they may not have expertise in the fields of planning or public administration, and so it falls to the planner to understand which capital improvements are most beneficial to the community. A prioritization tool could assist decision makers in determining which capital projects to approve. This study proposes a new tool for capital project prioritization. The tool catalogs capital projects, local assets, and necessary infrastructure improvements, analyzes the potential impacts of projects, and thereby determines priorities going forward. The tool's underlying formula determines prioritization based on spatial distribution of projects, in the context of a variety of planning values, such as sustainable environmental practice and aesthetics, for example, in determining prioritization. Although data for the development of this tool is drawn from a case study of one particular municipality, Wall Township, the issue of capital improvement prioritization is widespread, as research shows. It is hoped that the methods developed for this case study might inform their application by other communities, organizations and municipal agencies.

The Project Management Handbook
The Project Management Handbook

Author: Kevin P. Vida

Publisher: Government Institutes

Published: 2012-08-17

Total Pages: 219

ISBN-13: 1605907898

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Project managers are needed in many different industries, including computer services, architecture, engineering, local and federal governments, and private industry. And many different kinds of organizations utilize a Capital Improvement Program (CIP). However, very few project managers operating under the auspices of a CIP have any formal technical training or education in project management. These project managers are often thrust into positions in which they have little experience, and they quickly need the necessary information on project management presented in a clear and accessible way. In The Project Management Handbook, author Kevin Vida provides a practical, easy-to-understand description of how a CIP project is developed, executed, monitored, and completed. This book provides a clear and detailed explanation of what steps are required and what roles and responsibilities a project manager must fulfill in executing a CIP project successfully. The chapters are divided into phases, and then progressive tasks, and then steps, so the reader can start at the beginning and develop an understanding of project management under a CIP along the way. The book begins with the basics of project management and CIPs before tracing the life cycle of the CIP project from start to finish. This book is an essential resource for project managers who need to learn the ropes quickly, for students who need information on CIP project management, and for professionals who need a quick and handy reference.