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(1) This Policy outlines the University framework for the planning and management of its physical estate. (2) This Policy applies to all of the University’s physical estate. (3) QUT, as a statutory authority constituted in terms of the Queensland University of Technology Act 1998 (the QUT Act) and under Queensland legislation, must comply with relevant building and financial legislation, principally: (4) QUT Council, as the University's governing body, sets its strategic direction through overall long-term planning which encompasses capital development and preservation. The key advisory committee to Council in this area is Finance and Planning Committee. (5) The Estate Master Plan provides an integrated growth and development framework comprising: (6) The Estate Master Plan is developed by Facilities Management and approved by Council. (7) Through an integrated planning and resource allocation process, a five-year strategic Capital Management Plan (CMP) (QUT staff access only) is developed and approved by Council as part of the University's budget process. The Vice-Chancellor and President, as the University's chief executive officer, is responsible for implementation of the Capital Management Plan and is assisted in this by the Vice-President (Finance) and Chief Financial Officer and the Director, Facilities Management. (8) The Capital Management Plan, which outlines all major capital expenditure for the ensuing five-year period, includes provision for deferred and recurrent maintenance and a funding flow to implement these programs. The Capital Management Plan is reviewed annually as part of the University's annual planning process. (9) The Capital Management Plan seeks to provide a responsible balance between the objectives of the University's capital program and the ongoing teaching and research programs of the University through the following priorities: (10) Progress on implementation of the Capital Management Plan is constantly monitored by the Director, Facilities Management and the Vice-President (Finance) and Chief Financial Officer.Physical Estate Planning Policy
Section 1 - Purpose
Section 2 - Application
Section 3 - Roles and Responsibilities
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Section 4 - Legislative Environment
Top of PageSection 5 - Physical Estate Planning and Management
Section 6 - Estate Master Plan
Section 7 - Capital Management Plan