Capital Investment
A high-level representation of the current capital investment approval process is shown below. This process is simplified, and a proposal may move through iterative loops with boards, Capital Management Group and Senate before progressing to the next stage.
To progress a submission to the Capital Management Group (CMG) and Senate, the proponent should seek assistance from the IT PMO, P&F PMO or PGO. Consultation can be initiated as per below:
- Virtual environment – IT Project Management Office (IT PMO)
- Built environment – P&F Project Management Office (P&F PMO)
- Other projects - Project Governance Office (PGO) at pgo@uq.edu.au
For other enquires regarding the Capital Management Group (CMG), please contact Janey Saunders at capitalworks@uq.edu.au.
Capital Planning
The UQ Strategic Plan 2022–2025 describes how UQ will fulfil its mission over two time horizons. Our longer-term aspirations are outlined in the 2032 positioning statements and measures of success, and these set the direction for our 2022–2025 strategic priorities. The operational 2024 Plan on a Page outlines key initiatives to progress in support of our strategic priorities.
In line with the Strategic Plan, UQ’s Capital Program delivers infrastructure and digital capabilities to enhance our vibrant and sustainable campuses and meet expectations for exceptional facilities that promote innovation and collaboration. The Capital Management Group (CMG), chaired by the Vice-Chancellor, reviews all capital proposals that require Vice-Chancellor or Senate approval, using criteria based on the key requirements and principles under the University’s Project Governance and Management Framework.
Policies
The Strategic Plan maps UQ’s vision and sets priorities for operationalisation, including the development intentions of the Master Plan, and the principles outlined in the Use and Management of UQ Land, Buildings and Facilities’ Policy and the Information and Communication Technology Policy.
The Capital Planning and Approvals Framework supports strategic assessment of capital proposals and informs capital planning and budgeting.
The Capital Planning and Approvals Framework is implemented in accordance with relevant UQ policies including the Delegations Policy and Schedule of Financial Sub-delegations, and the Investment Policy, specifically 'Capital Investments' under section 2.