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Q.What is a Project Report?

Telangana TsbieTSBIE Telangana Intermediate (2nd Year) Commerce Board 2018Subjective· 2mImportance★★★★★est
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A project report is a detailed written statement of a proposed enterprise — covering its objectives, product, capital, market, technology, costs and expected profits — prepared before starting the business to guide the entrepreneur and to help obtain finance.

Project Report

In the TS Intermediate 2nd-year Commerce entrepreneurship unit, a project report (also called a feasibility report or project proposal) is a written document prepared before starting a new enterprise that sets out the whole plan of the project.

A good project report usually gives details of:

  • the objectives and description of the product or service;
  • the market — expected demand, customers and competition;
  • the technical plan — technology, machinery, raw materials and location;
  • the financial plan — capital required, sources of finance, estimated costs, sales, profits and break-even;
  • the organisation and management of the unit; and
  • the time schedule (implementation plan) for setting it up. …

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