The Work Breakdown Structure (WBS)

Project Management is described as the formation of a group of individuals from various parts of an enterprise who are assembled together within a short duration to contribute to the successful delivery of projects within that enterprise and immediately the project is commissioned, the entire group is dissolved and drafted to new projects (Laslo, 2010:609). Due to the ever-changing trends in infrastructural development and technological advancement globally, all jobs in different organisation are now being viewed as project-oriented (Bendoly et. al, 2010)

However, it has been critically researched that planning in any project is a vital factor to the successful delivery of project outcomes. (Johnson et al. 2001, Pinto & Slevin 1988,). Meredith…show more content…
Work Breakdown Structure (WBS) - The Work Breakdown Structure is used in project management to break down large complex projects into achievable units and the smallest units of this structure are called work package Globerson, (1994). Also, Globerson, (1994) stated that the WBS involves 3 main stages which include; defining the job be done, designing a network of plan, and including a summary of cost and schedule for accomplishment.

The reason for choosing the WBS is based on the need to ensure the allocation of cost and time to project sections. The WBS also enables tracking of work packages to determine which also allows for the determination of project risk. For example, in the Nesterland Hotel project, one of the risks involved is the host community as a stakeholder in the business because it is anticipated that the youths of Lekki Beach Metropolis will demand fees when projects components and supplies are delivered to the site of construction and also demands will be made by the host community for the purchase of the property from the former owners. This stakeholder risk will be made clear during the acquisition of the property and the cost associated with this risk will be included in the total cost of purchase of the property and project financier NesterFinance Inc. must also be carried…show more content…
E. Perry-Smith, & D. G. Bachrach, (2010) ‘The Perception of Difficulty in Project-Work Planning and Its Impact on Resource Sharing’, Journal of Operations Management, 28 (5) pp.385-397.
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Globerson, S., (1994)’Impact of various work-breakdown structures on project conceptualization’, International Journal of Project Management, 12(3), pp.165-171.
Johnson, J., D. Karen, K.C Boucher, and J. Robinson, (2001) Collaborating on project success. Software Magazine, February/March.
Laslo, Z., (2010) ‘Project Portfolio Management: An Integrated Method for Resource Planning and Scheduling to Minimize Planning/Scheduling-Dependent Expenses’, International Journal of Project Management, 28 (6)