1. Project Report :
Project Report, as name suggest, is simply document that provide details about project such as manufacturing process, machinery and equipment’s, requirement of of raw materials, etc. and information regarding economic, technical, financial, production aspects, etc.
2. Credit Monitoring Arrangement Data :
CMA Data, as name suggests, is simply financial report simply to determine financial position of any company before providing any loan and meet funding requirement of entity. Here, entity represents company or organization.
Difference between Project Report and CMA Data :
|Project Report||CMA Data|
|It mainly focuses on determining viability of project i.e. its ability to work successfully.||It mainly focuses on determining borrowing capacity of entity.|
|It does not have a specific format.||It has a specific format.|
|Factors affecting project report include time complexity, difficulty in understanding, improper risk management, etc.||Factors affecting CMA Data include time complexity, improper analysis, fund related issues, complex paperwork, etc.|
|Its benefits include identifying risks, cost management, control of project, increase project success, etc.||Its benefits include effectively use of funds, analysis of both current and non-current assets, liabilities, determine financial position, etc.|
|Its main objective is to current track progress of project and then compare it with original plan so that so that risk can be identified and corrective action can be taken.||Its main objectives is to provide financial blueprint of performance of company or organization and ensures that funds are used effectively.|
|It includes manufacturing process, requirements of power and water, need of manpower, machinery and equipment, prices and specifications, etc.||It include information such as operation statement, ratio analysis, comparative statement of current asset and current liabilities, fund flow statement, etc.|
|It is generally submitted to bankers by organization or company.||It is generally submitted to bankers, venture capitalist, PE investor, etc.|
|It is less difficult to understand and handle than CMA data.||It is more difficult to understand and handle than project report.|
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