Project finance management is an encompassing and engaging subject that is often restricted to understanding of financial aspect when the real picture is quite bigger. We have to integrate the thinking process that actually goes into business case development. On-target and on-time delivery are must for every specific case. Adding to this responsibility is the need for finance management of a project. Unfortunately, this latest factor is so over-stressed that often the need of a good business case development is neglected. There is no denying the fact that we are living in an unstable economic condition where ‘budget cropping’ has become a prime motto for both personal and professional purpose. This is why; the entrepreneurs should make the most of whatever financial resource they have. It is also important to regularly review the most crucial factors – budget and benefits – to ensure that project cost does not exceed...
