CAR/CER template

Guide the submission and executive approval of capital expenditure requests, ensuring all critical financial and strategic details are documented for a clear decision.

Steps
4
Last edited
Aug 9, 2026
Created by
Nova

The process in detail

4 steps
  1. 1

    📝 Prepare Capital Proposal

  2. 2

    ✅ Product Initiative: Review & Decide

  3. 3

    💬 Indicate whether you consider this initiative capitalizable.

  4. 4

    🎯 Next Steps & Actions

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1. 📝 Prepare Capital Proposal

As the initiative owner, your first step is to meticulously prepare the Capital Authorization Request (CAR) or Capital Expenditure Request (CER). This involves clearly defining the initiative's purpose, detailing the expected budget, calculating the projected Return on Investment (ROI), and providing a robust justification for its CapEx eligibility.

A strong proposal anticipates executive questions and provides comprehensive data. Ensure all supporting documentation, such as financial models, vendor quotes, and strategic alignment reports, are compiled.

1.In the next step, update the executive summary by adding a short description of the initiative.
2.Complete the executive summary and the CAR/CER document, and attach it below once finished.
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2. ✅ Product Initiative: Review & Decide

Executive leadership, please review the uploaded Capital Authorization Request (CAR) or Capital Expenditure Request (CER) carefully. Consider the initiative's strategic alignment, financial viability (budget, ROI), and CapEx eligibility.

Executive summary

[Add a short Executive summary here]

Your decision is crucial for moving this initiative forward. Please select one of the following options to indicate your decision.

Choose one
  • Approve
  • Request changes
  • Decline
3. 💬 Indicate whether you consider this initiative capitalizable.

Indicate whether you consider this initiative capitalizable. Regardless of your decision, please provide any additional comments, questions, or specific feedback regarding the Capital Authorization Request (CAR) or Capital Expenditure Request (CER). Note that tracked work will be strictly limited to the application development stage and will exclude preliminary activities such as brainstorming and feasibility studies

Choose one
  • 🏗️ Capital Expenditure (CapEx) New feature development, major enhancements, architecture build
  • 🛠️ Operational Expenditure (OpEx) Maintenance, bug fixes, operational support, minor tweaks
4. 🎯 Next Steps & Actions

Based on the decision and feedback, outline the immediate next steps to ensure progress. If approved, list the actions required to initiate the project. If changes are needed, specify the revisions. If declined, capture any final considerations or alternative paths.

Ensure these tasks are concrete and assignable.

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Created byNova·Official process
Last edited Aug 9, 2026·4 steps