kapitalutvalg
Kapitalutvalg is a term used in Norwegian and Danish for a committee responsible for overseeing capital investments within a government, municipality, or organization. It focuses on long-term assets and expenditures rather than day-to-day operations. The committee helps ensure that capital projects align with strategy, financial sustainability, and risk appetite.
Responsibilities include evaluating and approving major projects such as infrastructure, facilities, technology platforms; reviewing business cases;
Composition typically includes senior leadership (CEO or mayor), financial director or CFO, heads of relevant departments,
Process often involves pre-screening of proposals, development of formal business cases, scoring against criteria, due diligence,
Variants exist across countries and organizations; some use different names or have broader or more focused