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A coding scheme also helps WBS elements to be recognized in any written context, such as progress tracking, scheduling, or billing, and allows for mapping to the WBS Dictionary. [ citation needed ] It is a preferred practice that the Statement of work or other contract descriptive include the same section terms and hierarchical structure as the ...
WBS child elements are grouped (chunked) under a common WBS parent element, so they are arguably not unrelated bits of information. A list of 20 logically related elements with a common parent may be more appropriate than dividing the list into three arbitrary sub-groups, which would add unnecessary complexity.
The Project Management Body of Knowledge (PMBOK) is a set of standard terminology and guidelines (a body of knowledge) for project management.The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge (PMBOK Guide), a book whose seventh edition was released in 2021.
The work breakdown structure (WBS) is a tree structure that shows a subdivision of the activities required to achieve an objective – for example a portfolio, program, project, and contract. The WBS may be hardware-, product-, service-, or process-oriented (see an example in a NASA reporting structure (2001)). [75]
The distance between the inner and outer triangles illustrated the hedge or contingency for each of the three elements. Bias could be shown by the distance. His example of a project with a strong time bias was the Alaska pipeline which essentially had to be done on time no matter the cost.
The IMP provides a better structure than either the Work Breakdown Structure (WBS) or Organizational Breakdown Structure (OBS) for measuring actual integrated master schedule (IMS) progress. [ 8 ] The primary objective of the IMP is a single plan that establishes the program or project fundamentals.
The PBS is identical in format to the work breakdown structure (WBS), but is a separate entity and is used at a different step in the planning process. The PBS precedes the WBS and focuses on cataloguing all the desired outputs (products) needed to achieve the goal of the project.
Accenture began as the business and technology consulting division of accounting firm Arthur Andersen in the early 1950s. [4] The division conducted a feasibility study for General Electric to install a computer at Appliance Park in Louisville, Kentucky, which led to GE's installation of a UNIVAC I computer and printer, believed to be the first commercial use of a computer in the United States.