Project Reports
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There are always some important documents that are sought by bankers, financial institution and so on in order to extend any kinds of term loan, working capital or business loans. Project Report or CMA Data happen to be such important documents. A project report is a detailed statement of Source of funds, utilization of funds, Estimate of revenue, profitability, etc.
Not anyone can prepare such reports- only people with experience can prepare such project reports that give you credibility in front of the banks- we, at Bhandari & Associates are devoted to the creation of detailed project reports with our expertise and our agents who are in touch with the lending norms of the financial institutions and banks.
At Bhandari & co. we keep with ourselves a squad of such people who have in-depth knowledge of banking industry. They prepare the reports which are generally accepted by the institutions without many modifications.
Secondly, we also prepare the financial feasibility reports for the management to ascertain the viability of the proposed venture or the expansion of the existing business.
Objectives of effective project status reporting include:
– Improve communication of information within the project and across the organization
– Simplify the process of gathering and disseminating project information
– Ensure that stakeholders receive necessary information
– Communicate key messages about project progress
– Improve organizational support for the project
– Identifying risks is a key step to better projects. With the right reports, you can spot a risk early on and take action, or ask your project stakeholder for help. Reporting on risks also makes it easier for the team to work on the problem.
– Reporting puts you in control of your project. It allows you to see the progress, stagnation, or regress of certain elements, how team members are performing, and the quality of work completed.
– Information provided by project reporting on completed tasks can inform future actions. For example, you may figure out that project communication was an issue and make changes to the communication plan for your next project.
Project Status Reporting is a project management monitoring and controlling function that is performed iteratively throughout the life of the project and typically includes:
– Genera project information such as project name, project manager number of resources, etc.
– General status report information such as date, author, legend, etc.
– Executive milestone overview
– Project summary status
– Project milestone status
– Planned accomplishments status
– Interna/External Integration status
– Project issue summary
– Project risk summary
– Project metrics
