Project Planning
Project Plan - Project Report
Project Plan or Project Report is prepared to seek financial assistance in the form of bank loans or funding for implementing new projects or further developing a running enterprise.
Project plan covers
- Cost of the project
- Financial projections, cash flow and profitability
- Financing mode of the project
- Market overview and potential
- Micro and macro environment
- Project location
- Promoters experience in the proposed market
- Promotional plan
- Proposed product or service and its capacity
- Resources and its availability
- Technology and processes for executing the project
A sound project plan will address the following issues while starting new business or expanding existing operations:
Management assessment
- Stakeholders and promoters
- Corporate plan
- Organizational structure
- Business model
Technology and feasibility
- Reasoning for choosing a technology
- Infrastructure facilities
- Types of machinery and equipment
- Raw materials sourcing points
- Project execution and monitoring
Product or service feasibility
- Market trends and demand
- Marketing of product
- Product pricing
Financial evaluation
- Overall cost of the project
- Investors
- Five years forecasting
- Fund utilization
- Return on investment
Business evaluation
- Project assessment
- Benefits to society and economy
- Competitive analysis