What is Project Report?

• Project report is a document used to guide both project execution and project control.
• It is a summary of key elements of a project. Project reports include Detailed project report (DPR), Progress report, Status report, Risk report, Cost benefit analysis report, Board report, resource report, Gap analysis report etc.
• Project report is prepared to present for financing or operation.
• The following points are playing an essential role in deciding whether a project turns into success:
  • Completion of project within specified time duration;
  • Priority to client satisfaction by delivering products or services
• A Project Plan answers basic questions:

Why?   : What is the problem addressed by the project?

What?  : What is the work that will be performed on the project?

Who?   : Who will be involved and what will be their resposibilities within the project?

When? : What is the project timeline and when milestones be completed?

What is Detailed Project Report (DPR)?

• When planning and designing part of a project are completed, a detailed project report is prepared.
• It is a comprehensive outline of all the steps and resources that need a project for its completion.
• It includes an elaborate summary of all elements necessary to carry out the project.
• It is a blueprint of the project plan.
• It should includes the following points:
  • Brief information about the project;
  • Skills and experience of people involved in the project;
  • Information related to legal authority approvals;
  • Equipments need to run the projects;
  • Marketing Plan;
  • Ram Material Requirements;
  • Project Finance and Source of financing;
  • Other information need to start the projects.

Documents Required to prepare Project Report:

• Last two years audited Reports (If Available);
• Future Business Plan;
• Some Evidence to prepare Projected Balance Sheet and profit & Loss A/c for future years;
•  Any other based on future plan.