Detailed Project Report is the primary report for the preparation of the investment proposal. It is a comprehensive and elaborated plan for a project with different roles and responsibilities of the team, requirement of the resources, and possible risks with recommended measures to counter them.
It is a formal document described as a road map for your start-up / company that contains your business goals and the methods how those goals can be achieved along with a time frame within which you decide to attain the goals.
It presents the idea of the entrepreneur / promoter in numerical and well-structured terms; presenting its financial viability and growth and acts as a blueprint for its executions of top management policy guidelines and its impact on the project performance.
Report Includes following Aspects
Detailed Project description
Organizational Structure and Management background
Product / Service description with its marketing channels
Project cost details with bifurcation of each item
Investment requirement and its utilization of funds
Financial analysis with Return on Investment, Breakeven Analysis, Return on Equity etc.
Needs for a Detailed Project Report:
Ensures Systematic Approach for project implementation
Helps Streamline Ideas
Aids in Procuring Investment
Benefits of the Report
1)Assist in understanding assured performance for reliable quality within optimum cost.
2)Assist in describing how bankable projects can help to achieve required performance.
3)Provides vital information on the product/services like its definition, characteristics and segmentation. This report helps you to acknowledge the viability of the project by stating details like raw materials required, manufacturing process, project costs and snapshot of project finances.
4)The report provides forecasts of key parameters which help to anticipate the industry performance and make sound business decision.