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A Project Report is a report that contains information on the entire image of the planned business. The project report contains the details of the project proposal in order to assess the feasibility of the planned plan/activity. A project report is a formal report that relates to a particular investment. It provides information that was used to evaluate the project and determine if it was viable. It contains data on economic, technological, financial, managerial, and manufacturing issues. It allows the businessman to understand the inputs and aids in the acquisition of credit from banks and financial institutions.
Project Report Sample Contents
- General Information
A project report should include data on the sector to which the program belongs. It should provide details on the company’s historical experience, current condition, challenges, and future opportunities. If the planned firm is a production facility, it should include details on the item to be made as well as the justifications for picking the item. It should describe the product’s demand in the local, national, and worldwide markets. It must explicitly define the business options and explain the motivations for beginning the firm.
- Summary
The firm’s goals and procedures for achieving success should be stated in a project report. The entire image of the firm in terms of capital, operations, techniques of operation, and firm execution should be described throughout the project report. It should include the expectations and threats that are usually associated with the firm.
The suggested organisation structure and style for the division must be included in the project report. The report should specify the type of firm. This should include background details about the promoters, as well as financial stability. The project report should include the name, location, age qualifications, and expertise of the prospective business’s proprietors or promoters.
- Project Description
Each and every details about the project should be mentioned like raw material, power requirement, target production etc.
If the company is service-oriented, it should specify the services it provides to consumers. It should provide a detailed description of how consumers will be served.
- Marketing Plan
The overall projected demand for the commodity should be stated explicitly in the project report. It should specify the market rate at which the goods could be offered. It should also include the tactics that will be used to gain market share. If an after-sale service is offered, it should be specified in the project. It should also define the product’s mechanism of distribution from the manufacturing unit to the market.
- Capital Structure and operating cost
The overall fund needed for the project should be described in the project report. It should specify the origin of funding as well as the amount of the owner’s and borrowed cash. Working capital needs should be mentioned, as well as the sources of supply, in the project. fixed assets, expenditures, and working capital should all be factored into the final project cost estimation. The projected sources and terms of equity and debt funding should be specified in the proposed financial structure of the enterprise. This part should also provide a breakdown of the operational costs.
- Management Plan
The following must be included in the project report:
- The founders of the firm have prior business expertise.
- Information on the management team.
- Team members roles and objectives.
- The company’s existing staffing requirements.
- Techniques for managing a firm.
- Staff recruitment and training programs.
- The company’s plans and objectives.
- Financial Aspects
A predicted profit and loss account as well as balance sheet should be included in the project report in attempt to assess the company’s viability.
A forecasted balance sheet, cash flow statement, and funds flow statement should be created each year and a minimum for a term of 3-5 years, in contrast to the aforementioned. The income statement and cash flow predictions must contain a 3 year overview, month-by-month information during the initial year, and quarter-by-quarter data over second and third years.
- Technical Aspects
A project report contains details on a project’s innovation and technical features. It includes details about the technologies used for the project, the manufacturing process, the capacities of machines, pollution control facilities, and so on.
- Project Implementation
Every planned business unit should create a project timeline. This should specify the time frame within which the tasks needed in creating the business may be accomplished. Deployment plans outline the timeline for project preparation and execution.
- Social responsibility
The suggested units are based on feedback from society. As a result, it contributes to community through jobs, revenue, exports, and infrastructure. The project report should include information on the business’s productivity.