The aim of the present work was to analyze the project financing and other factors. The report provides fundamentals of project financing and how government is using it for the project management and balancing. Some other factors considered in the present work are variety of funding, implications of resources, benefits of joint venture, reference, and resource planning considerations. The resource planning is dependent on cost estimation, cost budgeting, and cost control. The challenges faced by project management are also considered.

2 Introduction of the project financing and other factors

The report is based on the Project financing that is the funding of the resources in the long term plans, industrial projects and public projects to limit the resources according to the project. The main source of funding is debt and equity that is being used in the financing and paid by the cash flow of the business that are generated from the projects. Project financing is based on the structured loan plans that are used in the long terms loan of the business to generate the income from the project. Somehow, government is being using the project financing to keep the project equal in balancing the assets and liabilities. Public projects are based on the health, education and welfare of the public to generate the prosperity in the state and expanses are collected through taxes from public spending.

3 Main body
3.1 Variety of funding of the project financing and other factors

Project financing that is the funding of the resources in the long term plans, industrial projects and public projects to limit the resources according to the project. The main source of funding is debt and equity that is being used in the financing and paid by the cash flow of the business that are generated from the projects. Corporations that are working in the market are most likely to raise the funds that could be utilized to enhance the business in the market with new and innovative idea to increase the earning from the business(Grais & Pellegrini, 2006). At the same time companies are aiming to utilize these funds in the operations of the business that are more favorable in the expansion of the business. Other than the difference in the requirements of the companies, there are following three sources of funding that are adopted by the companies such as:

Ø Retained earnings: companies earning in the business market are most likely to increase the profit with the limited resources and minimum cost. Retained earnings is most basic and reliable sorce of financing that is brought forward in the by the shareholders to increase the income of business.

Ø Debt capital: debt capital is being used in sole proprietorship as well as in the companies to borrow the money from people and invest in the projects to expand the business. These debts are issued in the forms of corporate bonds that allowa large number of people to invest their money in the company and gain the fixed profit.

Ø Equity capital: a business could generate money by selling a certain portion of the business to the shareholders that becomes owner by purchasing the amount of shares in the company. It is traditional way of funding in the business.

3.2 Implications of resources of the project financing and other factors

Every project management leader wants to listen that the project was successful. And it is much effort required task in the project to listen about the resources in the investment in the project. According to the estimations of the survey, there are 70% companies that have 1 failed project in their performance in each year(García-Quevedo, Segarra-Blasco, & Teruel, 2018). There are proper implications of the project to gain the sustainability in the project such as it impact the planning of any project. There are following resource’s implications that help to achieve the success in the projects such as:

· It helps to increase the efficiency of the project and make possible ways to attain the project goals and objectives.

· Resources implication in better way helps to gain the customers retention and loyalty with providing quality product to the end users.

· It helps to generate business growth in the related project.

· Resources define the clear vision and mission of the project that seems easy to achieve.

3.3 Benefits of joint venture of the project financing and other factors

Profit sharing of the joint venture is not like the partnership in the project management. It is based on the great focus on the purpose of the earning of the profit from the long term project of the business. There are following benefits and risks that are related to the long-term projects in the joint stock company:

Ø New opportunities and expertise of the project financing and other factors

Investing in the long-term project in the company that give opportunities to the new individuals to improve the skills to get the better way to understand the partnership and benefits of a project in the long terms of the investment.

Ø Better utilization of resources of the project financing and other factors

While investing in the long-term projects, it is helpful to utilize the resources of the business in way to gain the maximum output from minimum investment in the joint stock venture and it covers risk factor that is bearable by the investors.

Ø Long term benefits of the project financing and other factors

As project is based on long period of time, therefore benefits of the long-term projects are also long as compare to investment in the short-term projects. It relates with the benefits to the projects that are considered to be more valuable than the short-term investment.

Ø Sharing of risk between both parties

In joint stock Company, risk is not implemented on single investor, there are risk sharing of the investors with company and company further distributed between the different shareholders, so the risk is distributed among different parties.

Ø Flexibility of the project financing and other factors

Investment in the joint stock company is flexible as there are chances to withdrawal the investment at any time of the need when they need they could be withdrawn or increased in the time when they desired.

As for as concerned with the risks or disadvantages that could be faced by the investment in long term finance and projects such as:

· Unclear objectives of the project financing and other factors

Joint venture is a big project and is not easy to handle and there are a lot of people involved in the working of joint venture, therefore there is problem of getting clear goals to attain in the specific project.

· No equal involvement of the project financing and other factors

There is no equal distribution of the responsibility and duties to share the work of project. The project of Joint Stock Company is connected with each other so it may create disturbance in the attainment of success of the project.

· Imbalance of cash and assets of the project financing and other factors

Because there are different companies working on single project that’s why there is heavy investment that based on different aspect and could not withdraw by single affect. This could put negative impact on the effectiveness of the joint stock company.

3.4 PMBOK reference of the project financing and other factors

General management forces to regulate the planning, staffing, managing and controlling the operations of the business unit. The PMBOK covers the covers the methods of the general manager that are used to implement in the management of the company. It is used to implement the processes concerning planning, control and administration and records. There are common areas that are used to implement the importance of the project management that is required in the applications of the strategies. It is also implemented by the government that is contracting with the development projects. It could be enforced in the financial industry of the automobile and chemical industry(Baber, Liang, & Zhu, 2012).

3.5 Significance of financial management plan of the project financing and other factors

The significance of cost the executives are straightforward. To take a basic, genuine model, in the event that you choose to assemble a house, the main activity is set the financial plan. At the point when you know the amount to spend on the venture, the subsequent stage is to partition the elevated level financial plan into costs for sub-undertakings and littler details.

3.6 Resources planning of the project financing and other factors

Resource planning is continuous strategy that is implemented in the corporation or business for the better implications of the resources. The basic purpose of resource planning is to determine the workforce and resources opportunities to gain the better output in the business output. A company could get more progress with the successful agenda that is used to undertake the project. For instance venture chairmen, create asset plans to demand resources, screen work, and record costs. Asset administrators change and acknowledge asset plans preceding the undertakings being utilized.

3.6.1 Cost estimation of the project financing and other factors

Cost estimation is basic element in project management and process of predicting the resources that are required to define the scope of the project. Cost estimation is required in every project to calculate the estimated cost of the project. For instance, upkeep costs are regularly overlooked, yet lifecycle costing looks long haul and records for asset utilization until the finish of the cycle (Diao, Sun, Yuan, Li, & Zheng, 2016).

3.6.2 Cost budgeting of the project financing and other factors

Cost budgeting is the tool that is being used to estimate the efforts of the project in the activities of the project management that is based on the costing of the budget to control the actual cost with the compare of budgeted cost of the projects. For instance, suppose the complete expenses assessed for a task that runs more than three years is $2 million. Be that as it may, since the spending allotment is a component of time, the undertaking director chooses to consider only the initial two quarters until further notice.

3.6.3 Cost control of the project financing and other factors

Cost control is measures that are used to practice in the identification of the elements that are useful in the reducing of expenses to increase the profit of the project with the process of budgeting. It is an important tool to maintaining the profits and gain profitability (Post, Mezey, Maxwell, & Wibert., 2002).

3.7 Challenges faced in project management

In the current era companies are dealing with the different aspect to check the performance of the company in specific project. The main problem of project is to deal with the cost control and total budget for the project. There may be under or over estimation of the cost that could create problems for the project manager. It could face different kinds of challenges and issues in the project. Although project management is efficient way in the resource planning but there are some challenges that are faced by the company related with the cost controlling of project management such as:

Ø It deals with the cost accounting not gives the cost analysis of the project.

Ø It is based on the budgeting and forecasting of the cost and other components in the market that are hard to forecast effectively.

Ø It is not a simple task to get the data from the subcontractors and other people related to the contract of the projects.

Ø Working with the estimated cost is hard.

Ø Difficulty in aligning the data (Mohamad, Sidek, Ghee, Abdullah, Ismail, & Mustapha, 2015).

4 Conclusion of the project financing and other factors

The report is concluded that Project financing is based on the structured loan plans that are used in the long terms loan of the business to generate the income from the project. It is particularly attraction for the new employees and investors in the market. Project financing is most likely to be based on the projects that are involved in the long term assets increasing or to acquire the asset in business. There are much details about the harm that the planning of the average project that is invested in the concerning the forecast the production of the future of the projects. Project must be implicated in proper way that it could be proper utilization in the funding of the resources. The project management is based on the overall cost that is budgeted and actual incurring.

5 References of the project financing and other factors

Baber, W. R., Liang, L., & Zhu, Z. (2012). Associations between internal and external corporate governance characteristics: Implications for investigating financial accounting restatements. Accounting Horizons, 26 (2), 219-237.

Diao, Q., Sun, W., Yuan, X., Li, L., & Zheng, Z. (2016). Life-cycle private-cost-based competitiveness analysis of electric vehicles in China considering the intangible cost of traffic policies. Applied Energy, 178, 567-578.

García-Quevedo, J., Segarra-Blasco, A., & Teruel, M. (2018). Financial constraints and the failure of innovation projects.". Technological Forecasting and Social Change, 127, 127-140.

Grais, W., & Pellegrini, M. (2006). Corporate governance and Shariah compliance in institutions offering Islamic financial services. The World Bank.

Mohamad, M. R., Sidek, S., Ghee, W. Y., Abdullah, A. R., Ismail, N. A., & Mustapha, N. (2015). Financial access for starting a business: Evidence of internal and external financial sources, and performance of Malaysian SMEs.". Journal of Entrepreneurship and Business, 3 (1), 1-16.

Post, L. A., Mezey, N. J., Maxwell, C., & Wibert., W. N. (2002). The rape tax: Tangible and intangible costs of sexual violence. Journal of Interpersonal Violence, 17 (7), 773-782.