Capital Planning Group
Capital Planning Group Capital Planning Group (CPG) is a sub-group of the
University Steering Group. Its role is to support USG in the development and
implementation of the University's Capital Investment Plan (CIP) of capital
projects, in order to support delivery of the
University's Strategic Plan, 2019-2025.
What does CPG do?
CPG recommends to the USG, the University’s Capital Investment Plan (CIP),
covering all capital expenditure requirements of the University. Key activities
include:
- Responsible to USG for overseeing the system through which
the University manages individual capital projects, to ensure
that they proceed to time, to budget and deliver their intended
benefits
- Recommending new projects to USG for inclusion within the
CIP and change control requests for existing capital projects
which require an increase in capital expenditure, prioritising
them against the requirements of the Strategic Plan and the
contribution they will make to the delivery of excellence in
education and research. This also includes requests from
University of Essex Campus Services Ltd and Knowledge Gateway
Ltd
- Identifying longer term capital investment requirements for
the University, to inform the University’s overall financial
strategy and to recommend to USG any implications of these
requirements for the University’s investment of its reserves and
its external borrowings which might need to be drawn to the
attention of Resources Committee
A detailed list of CPG responsibilities is available on the
Committees webpages.
Who is on CPG?
CPG is chaired by the Deputy Vice-Chancellor. Its membership includes senior
managers from Professional Services, and academic representation. The full list
of CPG's membership is available on the
Committees webpages.