Outline the basic steps in capital improvement program.

      

Outline the basic steps in capital improvement program.

  

Answers


Kavungya
1. Assessing the existing condition of the infrastructure and establishing s/term and long-term physical
needs.
2. Developing alternative projects to meet the short and long-term needs.
3. Select alternatives and establish priority classification for short and long-term needs.
4. Estimate the required resources and short term funding.
5. Assess the impact on the governmental or organizational financial policy.
6. Establish a monitoring system, control work schedules and financing.
7. Initiate a replacement and maintenance strategy.
Kavungya answered the question on April 14, 2021 at 18:51


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