A Project Report is a written document relating to any idea of business. It consists of data based on which the project report definition has been assessed and found viable. It contains information on economic, technical, financial, managerial, and production aspects.
2. Project Report Definition
A Project Report is a written document relating to any idea of business. It consists
of data based on which the project report definition has been assessed and found
viable. It contains information on economic, technical, financial, managerial, and
production aspects. It enables the entrepreneur to know the inputs and helps him
to obtain loans from banks or financial Institutions. The project report includes
comprehensive information about the necessary land and buildings, annual
manufacturing capacity, manufacturing process, machinery and equipment prices
and specifications, raw material requirements, power and water requirements,
workforce requirements, project marketing costs, efficiency, financial assessments,
and economic viability.
In other words, we can say that a project report is a written document that is
related to a particular investment for a project. It provides details of the overall
picture of the proposed business. The project report gives an account of the project
proposal to ascertain the prospects of the proposed plan.
3. The difference between the feasibility study report and detailed project
report:
A Feasibility study what is project report is to support the investment
proposal. Feasibilities for the various perspective related to technical,
commercial, and financial are examined in detail by the experts and
consultants brought in the feasibility study report. The feasibility study
report is also called a techno-economic feasibility study. It is the primary
report for the formulation of the investment proposal.
Detailed project report is a complete document for investment decision-
making, approval, planning whereas feasibility study report is a base
document for investment decision-making. A Detailed project report is a
base document for planning the project and implementing the project.