Project Management Review
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Project Management Review

553148

  • Undergraduate
  • 903

Short excerpt:

A Work Breakdown Structure (WBS) is the crucial element of project management. It is a tool to identify and combine a projectдЫЄs distinct work elements in a method that would aid to дЫчcategorize and characterize the total work scope of the projectдЫЄ (Work breakdown structure). In managing a project, a work breakdown structure assists the project manager as it is a dynamic tool, and its elements may vary from a product, data, service or any combination. With a work breakdown structure, estimation and control of cost becomes an easier task. This structure helps in creating a framework and provides guidance in terms of schedule development and control.

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