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Capital budgeting requires allocating money to projects and opportunities that add value to an organizations goals. A project manager in the field of criminal justice

Capital budgeting requires allocating money to projects and opportunities that add value to an organizations goals. A project manager in the field of criminal justice may be required to evaluate or justify funding for major projects or investments that are a part of an organizations capital budget.

Refer to the budget you selected for the Week 2 summative assessment.

  • Briefly describe the organization and the budget you selected.
  • Describe any funding provided for capital expenditure. What is the purpose or value of the item(s) you identified?
  • Summarize the justification provided by the organization to obtain funding for these items.
  • Explain any conditions related to receiving the funding.
  • If no funding is provided, complete the following steps:
  • Review the Inflation Reduction Act of 2022. Note: The Inflation Reduction Act of 2022 is a modified version of the Build Back Better bill.
  • Describe how the federal government funds capital expenditure projects.

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