Week 5 Flashcards

1
Q

What is Work Breakdown Structure (WBS)?

A

Work Breakdown Structure (WBS) is a decomposition of the work into smaller or more detailed components. The WBS has multiple levels. The lowest level of the WBS is the detail cost account.

• The WBS decomposes the project into smaller components and more manageable units of work called work packages.

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2
Q

What is Work Package?

A
  • Work package is a task at the lowest level of the WBS.
  • Work package makes it possible to develop a project plan, schedule, and budget, and then later to monitor the project’s progress.
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