Handbook on Project Reports

This book explains important aspects and process of project report preparation, right from the stage of project idea initiation to project completion, and further elaborates scientific and modern methods of project appraisal. Besides explaining about the fundamentals of both financial and non-financial aspects covered in the appraisal of a capital project, the book examines and explains, in reasonable depth, the various sources of funding a capital project undertaken by an existing concern or a start-up. Important aspects in project selection, formulation, and its analysis have been suitably classified in various Parts, which have been further sub-classified in the various Chapters in order to form a logical sequence for an easy step-by-step understanding of this complex subject. The various statutory and institutional requirements have also been briefly dealt with. To provide the readers an in-depth knowledge of basic concepts, tools, and techniques and their application in project feasibility studies/project report preparation, the topics have been explained through guidelines, graphic presentations, formats, checklists, and practical illustrations. The various practical problems given in this book would help in appraising any capital project – be it a simple and small project or a very large capital-intensive complex project. A detailed practical Case Study explains about an in-depth examination of various financial issues and parameters in the analysis and financing of a large capital project in a systematic way.

In fact, the objective is to present a Comprehensive Manual of Feasibility Studies and Project Report Preparation, with emphasis on financial appraisal of capital investment projects, for the guidance of: new and established Entrepreneurs, Project Managers, Operating Managers, Engineers, Project Consultants, Bankers, and Financial Analysts. This book provides learning materials to the students of Professional Courses; and it would serve as a Training Manual for Industrial Engineers and Finance Executives, who are directly and indirectly involved in capital budgeting and project management process, in various organisations (viz., Private, Government and Joint sector enterprises). In fact, a clear understanding of the fundamentals in the preparation of financial statements and their analysis through various simplified modern techniques would help technical and financial professionals in appraising and evaluating a complex project with a holistic approach. Further, basic knowledge of industrial engineering and of project management techniques would help finance professionals in appraisal of capital projects in different industries on a scientific basis.

This book would also provide useful insights to the project management team in project planning, scheduling, and monitoring at project sites; and thereby enabling them to deal with risk and uncertainty – involved in the execution of large and complex projects – in an effective way.