State the six major objectives of preparing the 'Project Report'. - Vidyadip

Question

State the six major objectives of preparing the 'Project Report'.

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Answer

Six objectives of preparing the 'Project Report'

Identifying the requirement of the resources.
To assess the scope and range of the success of the enterprise before its actual commencement.
To obtain the opinions of experts from various fields viz. technical, financial, marketing, production, legal, etc.
For financial appraisal of the project by financial institution, banks, insurance companies, etc.
To enable the licensing of the enterprise by the concerned authorities and seeking registration for various utilities like land, water, electricity etc.
To find the critical components of the project idea.

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