project management glossary

capital cost

 The total expenditure for acquiring an asset. The sum of all moneys spent on a project and transferred to the capital account of an organization, usually upon completion.

 The carrying cost in a balance sheet of acquiring an asset and bringing it to the condition where it is capable of performing its intended function over a future series of periods. See also Revenue Cost.

capital employed

 Amount of investment in an organization or project, normally the sum of fixed and current assets, less current liabilities at a particular date.

capital expansion projects

 Projects that expand infrastructure and involve logistics, team mobilization and major procurement. See also General Project Alignment, Strategic Projects, Product and Market Related Projects, and Operational Projects.

capital goods project

 A project in which the product of the project is a physical asset such as property, real estate or infrastructure.

capital property

 Contractor's plant, equipment, and other facilities subject to depreciation.