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Due to the complexity of the tasks involved in many projects, communication of responsibility for those tasks is often helped by means of graphical planning techniques.
Describe the techniques of work breakdown structure (WBS)
A Work Breakdown Structure (WBS) is a hierarchical way of organising the project work to be completed into manageable units referred to as work packages. It is a method used in project management to separate a project into packages of work which have explained deliverables and responsibilities. The work packages can then be used to construct a comprehensive list of activities, set out into a logical series of project events
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Receivables Management The decision on whether to grant or not to grant credit to a particular customer can be taken if certain subjective probabilities of the payment pattern
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