The University issues and reviews annually a five-year Asset Management Plan, which outlines all major capital expenditure for the ensuing five-year period. The plan also includes provisions for the University's deferred maintenance program.
The Capital Works section is responsible for delivering the scheduled major building projects in accordance with the University's financial and spatial priorities.
The Asset Management Plan seeks to provide a responsible balance between the objectives of the Capital Program and the ongoing Teaching and Research Programs of the University through the following priorities:
- enhancement of the University's capacity for teaching and research
- improvement of the quality of existing accommodation
- efficient use of space
- maintenance of the University's physical infrastructure
The Asset Management Plan is reviewed annually as part of the University's annual planning process. The Plan is approved by University Council as part of the University's budget.