Developing a Project Plan

In: Business and Management

Submitted By Sophia4141
Words 565
Pages 3
CHAPTER 6
1. How does the WBS differ from the project network?

a. The WBS is hierarchical while the project network is sequential.

b. The network provides a project schedule by identifying sequential dependencies and timing of project activities. The network sets all project work, resource needs, and budgets into a sequential time frame; the WBS does not provide this information.

c. The WBS is used to identify each project deliverable and the organization unit responsible for its accomplishment within budget and within a time duration.

d. The WBS provides a framework for tracking costs to deliverables and organization units responsible.

2. How are WBS and project networks linked?

The network uses the time estimates found in the work packages of the WBS to develop the network. Remember, the time estimates, budgets, and resources required for a work package in the WBS are set in time frames, but without dates. The dates are computed after the network is developed.

3. Why bother creating a WBS? Why not go straight to a project network and forget the WBS?

The WBS is designed to provide different information for decision making.

For example, this database provides information for the following types of decisions:

a. Link deliverables, organization units, and customer

b. Provide for control

c. Isolate problems to source

d. Track schedule and cost variance. Network doesn’t.

e. Assign responsibility and budgets

f. Focus attention on deliverables

g. Provide information for different levels in the organization.

4. Why is slack important to the project manager?

Slack is important to the project manager because it represents the degree of flexibility the project manager will have in rearranging work and resources.

A project network with several near critical paths and hence,…...

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