Capital construction project
A large-scale construction project with a substantial budget, often involving significant investment and planning.
Capital construction projects involve large-scale investments in new facilities or major renovations, essential for expanding or improving infrastructure and aligning with strategic objectives.
Used in a sentence
The new library is a capital construction project, requiring significant investment and planning.
Synonyms/variation
Capital Project
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Capital Project Management: A Quick Guide for Construction Pros
With aging infrastructure and new technology needs, capital projects will remain a high priority for communities around the world in the coming years. Effectively managing capital construction projects is necessary to protect the financial investment in these large-scale developments — and to successfully deliver the infrastructure society needs. This article explores capital project management, focusing […]
Who is accountable for innovation in construction?
Everyone says construction needs to innovate—but no one agrees on who’s actually responsible for making it happen. Is it the owner? The builders? The tech vendor? Or is innovation everyone’s job—and therefore no one’s? In this episode, Amy Marks, SVP of Innovation at Compass Datacenters, breaks down why innovation in construction gets stuck and what […]
How Are Partnerships in Construction Being Redefined?
In a market where cost, speed, and quality are table stakes, owners are demanding more than projects delivered on time and on budget. They want trusted partners who bring strategy, intelligence, and collaboration to every phase. In episode 24, Skanska’s Regional Executive Officer Anita Nelson shares how owner–contractor relationships are evolving, why operating models must […]
Who Owns Construction’s Intelligence?
In this episode of The Power of Construction, we chat with Hugh Seaton, CEO of The Link.ai, to step past the buzz around tools and features and unpack what true data and AI readiness means for our industry. From subcontractor IP to data agreements, we unpack how governance, trust, and collaboration will shape construction’s digital […]
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