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Q.What is meant by Project Report?

Telangana TsbieTSBIE Telangana Intermediate (2nd Year) Commerce Board 2019Subjective· 2mImportance★★★★★est
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A project report is a written document describing all important details of a proposed enterprise — its product, market, cost, finance and expected returns. It serves as a blueprint for the business and as a basis for obtaining finance and clearances.

The project report is studied under entrepreneurship development in the TS Intermediate 2nd-year Commerce course, which aligns closely with the NCERT/CBSE commerce curriculum.

Meaning of Project Report

A project report is a detailed written statement prepared before starting a business venture. It contains full information about the proposed project, such as its objectives, the goods or services to be produced, the estimated demand and market, the proposed location and plant, the raw materials and technology needed, the total capital and cost of the project, the sources from which finance will be raised, and the expected production, sales and profitability. The report thus acts as a road map or blueprint that guides the entrepreneur in setting up and running the enterprise, a …

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