Tag Archives for " Scope Management "
What is Work Breakdown Structure? Work Breakdown Structure (WBS) is one of the most misused term in Project Management. It can mean different things to different professionals. The meaning could be Organization Chart, Bar Chart (popularly known as Gantt Chart) or Roles & Responsibilities Chart. It is important to define WBS before we proceed further. […]Continue reading
You are at the right place if you want to know the difference between Work Package and Activity. But, why do you want to differentiate between Work Package and Activity? Practically, it doesn’t matter whether you call a Work Package an Activity or vice-versa. At the end of the day, you have to complete the […]Continue reading
WBS is an acronym for “Work Breakdown Structure”. Simply said it is the work required to break PM down. It is true that PMs are usually overburdened with project work they are on the verge of breaking down. However, WBS makes PMs life easy. WBS is the breaking down total scope of work into smaller […]Continue reading
This is a follow-up post of my previous post 8 ways to meet budget in Fixed Price Projects. We can successfully execute and deliver the project within specified time and budget by estimating the size of the project scientifically. There are upteen estimation techniques and they are different for different industries. And within a industry they […]Continue reading
I write 2 blogs. One is the current blog on project management while the other is blog on completely unrelated subject – Cricket: http://fifth-umpire.blogspot.com/ Why am I mentioning my Cricket blog here? The word ‘Fix‘ is a dreaded word both in cricket and project management. Match fixing is a bane in cricket. One always gets […]Continue reading