ECONOMICS
L10- ProjectManagement Tools_p1.pptx

Identify interdependencies identify and track

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Identify interdependencies Identify and track critical milestones Participate in project phase review Secure needed resources Manage the change control process Report project status Fifteen Project Management Job Functions*
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A method of breaking down a project into individual elements ( components, subcomponents, activi ties and tasks) in a hierarchical struct ure It defines tasks that can be completed independently of other tas ks It is a foundation document in project management because it provides the basis for planning and managing project schedules, costs, and change s SBII - Project Management - by D.T.Tung 4 Work Breakdown Structure
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A unit of work should appear at only one place in the WBS. The work content of a WBS item is the sum of the WBS items below it. A WBS item is the responsibility of only one individual, even though many peop le may be working on it. Each WBS item must be documented to ensure accurate understanding of the scope of work included and not include d in that item.
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