Detailed project report is the complete investment, decision-making, approval, and planning document. The study's breadth improves as project recognition and purpose to introduce the project develops. We assume that there is enough detailed information in the feasibility study. The perfectibility or feasibility report provides an endorsement of the investments on a project or a request to prepare the DPR, by the project owner.
Preparing DPR is expensive and time consuming when reports by experts from various strands such as market research, engineering (civil, mechanical, metallurgical, electronic), finance, and so on, depending on the project itself, are considered in the DPR.
Detailed project report (DPR) objectives:
• Adequate information should be included in the study to state the future fate of the project when adopted.
• The study should also address issues emerging from the project evaluations. The DPR should consider different types of studies-political, environmental, technological, social, etc.
The DPR should have all the necessary details to meet the purposes and should also represent the following aspects among other things:
1. Technical and architecture aspects of the Detailed Project Report (DPR):
Many projects will be completed, but with great doubt as to whether or how they will be technically feasible and will not end in cost overruns. The DPR will resolve limited technological challenges and expert’s research in this field will be beneficial. Innovative concepts are shown to be tougher than even scientific uncertainties-prototypes as such may seem innocent and less costly but can, in fact, be found to be entirely different later. The DPR should, therefore, deal with the already tested technology and design to minimise the risk of technology.
2. Economic aspects:
The project's economic dimensions include the plant position, the advantage to that area, including the maintenance facilities available, project length and total capacity, and the supply of capital and the use of such resources in a reasonably beneficial way, for example in relation to the possible market return on investments without inherent risks, the expected global rate of return.
3. Social and political aspects:
The attitude of the public towards a project is increasingly important. Environmental pollution, ecological balance, and/or imbalances are important issues in the DPR. The role of' policy in a major project, where political considerations rule, cannot be overlooked. The optimal situation is that project owners and managers be made responsible while the government provides the necessary conditions for their progress. Nevertheless, in practice, even before DPR finalization, promises and agreements are often politically motivated. This dangerous activity should, therefore, be accepted by the DPR.
4. Financial aspects:
The main priority of a project is to guarantee that funds/resources are available promptly. The availability of financing must be maintained during, i.e., during the duration of development and during the second part of the project, when income/benefit is to be created.
Detailed Project Report (DRP) in Gurgaon 2020
At the beginning of this year, a study from the Haryana Government submitted a new DPR for the subway extension by the School of Planning and Architectural Affairs in September. The proposal must be revised, however, owing to the departure of Rapid Metro Rail Gurgaon Limited (RMGL) but no progress has happened.
