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Explain why wbs is important to managing project

Assignment Help Business Management
Reference no: EM132351468

The Work Breakdown Structure (WBS) helps ensure the project scope is met and provides a means for achieving accurate estimates for resources, risk, cost, and time. The WBS is a way of formalizing the project requirements. It ensures all of the requirements for project deliverables, resources, and time are addressed in one document. How these resources are managed is an important aspect of project management.

This assignment addresses a project's Work Breakdown Structure (WBS), scheduling techniques, over allocation of resources, and Fast Tracking a project.

Write a 1,050 to 1,400-word business paper.

Cite at least two credible references. Wikipedia, eHow, businessdictionary.com, and the like are not acceptable academic sources.

Format the paper consistent with APA guidelines.

Avoid the use of first-person and similar verbiage.

Implement the following outline to ensure all required topics are addressed.

Include APA headings within the paper as indicated in the outline below.

Introduction (no heading)

Work Breakdown Structure (heading)

Explain how a WBS is different from a list of project requirements

Describe two types of WBS

Verb-oriented WBS

Noun-oriented WBS

Explain why a WBS is important to managing a project

Describe how a WBS contributes to the success of a project

Scheduling techniques (heading)

Describe the Gantt or bar chart method

Describe the Critical Path method

Describe the Program Evaluation and Review method

Over allocation of resources (heading)

Describe what over allocation of resources means

Explain various methods to address overallocation of resources

Fast Tracking a project (heading)

Describe what Fast Tracking a project means

Describe the advantages

Describe the disadvantages

Conclusion (heading)

Reference no: EM132351468

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