Different between work and cost breakdown structure, Project Management

Assignment Help:

What are the different between Work and Cost breakdown structure?

Different between Work and Cost breakdown structure:

Work breakdown structure produces a detailed list of events to be performed for a project, scheduling and resource planning and helping to deliver better costing for a project.

Cost breakdown structure (CBS) lists each item categorized and its expenditure for the project sequentially to get a more detailed evaluate of cost or expenditure.


Related Discussions:- Different between work and cost breakdown structure

Limitations of group technology or cellular manufacturing , Limitations of...

Limitations of Group Technology or Cellular Manufacturing Group Technology is a great concept. But all good concepts do have their own limitations and need proper care in their

Discuss ways to review a project, Question: (a) A famous man once said:...

Question: (a) A famous man once said: "If you do not know where you are going, how will you know how you will reach your destination". This sentence captures the importance of

Secondary stakeholders and major risks in WAM organisation, The WAM Organis...

The WAM Organisation is one of the very successful supermarket chains within its own country. Reputation for innovation of it is unparalleled into its own country along with the wi

Tolerance and surface finish, Tolerance and Surface Finish Design engi...

Tolerance and Surface Finish Design engineers are always blamed of specifying closer tolerances than necessary. It  is obvious that to achieve a tolerance of ± 0.001 mm is mor

The Walsham Hotel, Compare and Contrast the KN346 investment and the "plain...

Compare and Contrast the KN346 investment and the "plain vanilla" alternative.

Steps of heuristic method, Steps of Heuristic Method The heuristic ap...

Steps of Heuristic Method The heuristic approach involves following procedural steps: Identify the work ( job) Break down the work into elemental tasks or steps for

Culture, Task 1- Group powerpoint with 1000 word individual assignment You ...

Task 1- Group powerpoint with 1000 word individual assignment You will be allocated to a group. You are part of a global electronics company that has offices in Germany, Paris, Ind

Phases of value engineering process, P hases of value engineering process ...

P hases of value engineering process I nvestigation phase: This phase investigates the background information, the technical input reports, the field data, the functiona

Measures of success of project management, M eas ures of Success The ...

M eas ures of Success The most important objective of project management is to meet or exceed expectations of the sponsors of the project. These prospects are typically expre

What should be the main concern of the project manager, Question 1: Hos...

Question 1: Hospitality management is an area of constant evolution, renovation, changes in trends and fashion. According to you how could proper planning and design help in

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd