Friday, September 4, 2015

What are Advantage of Project Report

Following are the main advantage of a Project Report:-
(1)    It lays down objectives in various spheres of business
(2)    It evaluates the objectives & goals in right perspective
(3)    Project Report identifies constraints & Limitation on resources (like manpower, equipment, financial and technological etc.)  in advance by which an organization can take remedial measures in due course of time
(4)    It helps for management to seek financial accommodation from financial institutions & banks
(5)    It suggest the line of actions by which management can do successful implementation of a project
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