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Steps involved in creating a work breakdown structure

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Reference no: EM132446914

Question 1: The concept of "Earned Value" gives a more accurate picture of project schedule and cost status compared to a simple "Plan Versus Actual" system. Explain what this statement means with the aid of an example.

Question 2: Explain the steps involved in creating a Work Breakdown Structure (WBS) and the benefits of this approach. Use diagrams to illustrate your answer.

Question 3: As the project manager for the project, identify your key stakeholders and describe how you would develop a communication plan for this project?

Reference no: EM132446914

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