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Project Management


Capital Project Defined

There are two types of projects on campus: Capital Projects and Operating Projects. In order to qualify for the formation of a project, the improvement must be a minimum of $50,000.

A. Capital Projects

Capital projects are generally defined as physical improvements that result in the addition of new infrastructure or the revitalization of existing infrastructure. Criteria used to determine an appropriate capital improvement project relate to:

  • The gross dollar amount of the expenditure
  • The extended useful life of the facility or equipment
  • The infrequent recurrence of the expenditure
  • The creation or expansion of a building

Not all physical improvements are categorized as capital. Improvements which do not extend the infrastructure’s original life or significantly enhance its net value are not considered capital and are considered operating.

B. Operating Projects

Typical operating improvements are cosmetic improvements, such as carpet or tile replacement and interior painting. Other operating improvements are component part replacements of a larger building system. Funding for operating projects should be requested through the appropriate dean, department head or AVP and included in the departments operating budget, budgeted use of departmental reserves, or annual capital allocation. If these improvements exceed $50,000 in total, consult with Financial Services to determine whether a project needs created.

Please refer to the Policies & Procedures tab above for the full Projects Policy.

For specific questions, please contact Jessica Gorrell at or 336-758-6408.


COGNOS Reporting:

Within COGNOS, utilize the Summary – Projects report to obtain current financial status of all projects to which you have access.

For specific questions, please contact Jessica Gorrell at or 336-758-6408.


Project Request Forms and Project Modification Forms are now housed within Deacon Depot. You can access the Forms from the Deacon Depot home page or under the Forms tab

Deacon Depot Project Form

For help completing the form, please contact Jessica Gorrell at or 336-758-6408. Completed documents can be faxed to 336-758-3120.

Policies & Procedures

Project Policy – effective July 1, 2015

For specific questions, please contact Jessica Gorrell at or 336-758-6408.