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If participating in something to really impress investors, include everything we call a "phase plan". For example, let's say you want to start that oil well project. In Phase One, you show the investor what you will end up spending, in this case, for surveys belonging to the land, preparations for drilling, etc. Phase Two could show expenses for drilling equipment, personnel, and construction of the wells. Phase Three could discuss refining procedures expenditures, and such like. You have detailed out the full "shopping list" for the investor, where they not only know what you're spending, wait, how it's being spent, also as an estimated time when it is be lived.
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