The first and foremost step in creating a WBS involves gathering critical documents. The 100% rule can help managers identify if the project is adequately budgeted.Ī work breakdown structure is created using an iterative process by following steps: 1 Gathering Critical Documents

It is an excellent tool for measuring project completion.A WBS can help each individual on the team focus on its specific task. Projects usually involve different teams which need to work in coordination to complete the project. It provides a roadmap for people working on a project.It breaks down the project into small, manageable components.WBS is helpful in project management for many reasons. Why is a WBS Helpful for Project Management? Each subsequent group breaks down the project into further details. If the level is not self-explanatory, a WBS may have a description of the project at the top level. When you apply the 100% rule, Level 1 of the work breakdown structure will be the totality of the project. Moreover, WBS is also known for its leveled structure. One of the critical characteristics of a WBS is 100%, which means that it constitutes all aspects of a project. Key Characteristics and Components of the WBS Various stages of a project are called its phases. These are critical stages of the project. These are the expenses associated with the project.Ī product, service, or results created at different project stages are called deliverables.

These are standards to be met to achieve stakeholders or customer requirements.

Commonly used terms in WBS project management:

Types work breakdown structure wbs