How To Decide Whether To Go For Manual Or Automated Testing For A Project?

Depends on the amount of resources you have and how many factors are involved. One easy way is to calculate the costs of each and see what comes out as the better method.

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It is impossible to automate all testing, so it is important to determine what tests will produce the most benefit. The point of automation is not to eliminate testers but to make better use of
their time. Tests that require large amounts of data to be input and
tests that are run frequently, such as regression tests, are good
candidates for automation. Tests that require human intervention are not. Any test that has predictable results and meets one of the
following criteria is a candidate for automation

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