Planning process

Executive Officer (EO) and unit identify needs at the unit level

• Follow existing processes to identify and prioritize capital needs at a unit level (e.g., Michigan Medicine, Provost, Student Life, etc.).

If prioritized by EO, unit conducts project study to determine if project will meet needs

• Unit and other stakeholders identify funding source(s) to support project needs—study may be iterative to align scope with funding targets.
• Unit works with AEC or EVPCFO’s Office to determine project schedule.

Capital Council Working Group assesses project along key criteria

• Major capital projects are evaluated against transparent and data-driven criteria including alignment with Vision 2034 Impact Areas and Commitments to ensure concurrence with the university’s mission, vision, and values.

Capital Council Working Group works with units to refine project evaluations 

• Project assessments will be refined through collaborative and fact-informed dialogue between key stakeholders and the Capital Council Working Group.
• Quarterly meetings with major university divisions are held by the Capital Planning team as touchpoints for communication.

Capital Council reviews project

• Leverage qualitative and quantitative metrics to ensure that projects up for endorsement embed Vision 2034 Impact Areas and Vision 2034 Commitments.

Project commences after Regent approval

• Follow existing processes to complete capital projects.