Capital Expenditure Approval Matrix
Governs how capital projects are justified, approved by tiered authority, tracked against approved amounts, and closed out.
Why This Matters
CapEx is the property's largest discretionary spend and the easiest place for scope to drift past approvals one change order at a time. A project approved at one number and delivered at another, without re-approval, is unauthorized spending regardless of intent. Discipline here is what earns ownership's trust for the next ask.
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