The committee has confirmed the definition of a capital item as any item with an expected life of three years or more with a purchase price of at least $1000.00. Each presenter will have only 5 minutes to make a case for the approval of purchase of a capital budget item. As nurse manager, you begin to consider capital items needed for your unit. Choose one item that you might request through the capital budget process. It could be an item replacing a current item or it might be a new technology item.