Project reports
A project report is a document that contains the information about the proposed project and it contains all the details of the project. The project report details the project proposal in order to assess the feasibility of the planned plan/activity. In tother words we can say that a project report is a written document that is related to a particular investment or a project.
It includes information that was used to evaluate the proposal and determine if it was feasible. The project report consists the evaluated data on economical, technological, financial, managerial, and manufacturing issues that may or may not happen while the project is being build.
The project report includes comprehensive information on the necessary land and buildings, annual manufacturing capacity, manufacturing process, machinery and equipment prices and specifications, raw material requirements, power and water requirements, manpower requirements, project marketing costs, efficiency, financial assessments, and economic viability.
Content of Project Report:
- Organization/Executive Summary
- Project Description
- Capital Structure & Operating cost
- Financial Aspects
- Technical Aspects
- Project Implementation/approvals
- Conclusion
Benefits of Project Report
The project report is most important for availing of loans from financial institutions. Below you can find the list of benefits-
- Helps in getting a clear estimation of the project or business prospect
- Accessing the actual value of a project or business
- Measure the data against the original schedule
- Increases the chances of getting a loan
- Knowing the number and type of resources required can help in getting depreciation estimation.