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A WBS has three major purposes: The degree of detail in a WBS depends on the level of accuracy that is required in estimates and the level of tracking that is required against those estimates.Projects that have very low tolerance for slippages in schedule or cost usually require a more detailed WBS, and diligent tracking of work progress and cost against the WBS.The Microsoft Project (MSP) software management program was developed by Microsoft as a tool to help project managers develop plans, assign tasks, manage budgets, analyze workloads for time management purposes, track progress and troubleshoot problem areas of multiple projects. Ask key personnel to study the Microsoft tutorials on how to use Microsoft Project.
Understanding key strategies such as time management, group dynamics and individual skill sets can make it possible to professionally and efficiently handle multiple projects, meet requirements and deliver results successfully. Plan out how your business objectives may best be realized using the resources your company has.To find out more, see the section below on Smartsheet WBS templates.A WBS breaks down data, services, a product, or all three depending on the type and scope of a project.A WBS can be oriented around deliverables, or break down project phases and milestones for a process-centered approach.The process of subdividing a project into smaller components is called “decomposition.” The decomposition can be completed by an entire project team as a group effort to ensure a comprehensive WBS.