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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is a Work Breakdown Schedule?
What is a Work Breakdown Schedule?  

What is a Work Breakdown Schedule?



 
 

Work Breakdown Schedule is a tabular timetable that includes project tasks grouped by project phases and organized into work packages to identify the amount of work the project team is expected to perform, and to specify the period of time available for the team to do their project tasks. 

Work breakdown schedule is a kind of grid schedules that include a timeline with a grid of activities to be performed within definite durations. A great example of work breakdown schedule is Gantt chart which is widely used in many various projects. 

Work breakdown schedule in a conventional project comprises the following components:

  • Timeline with details on activity durations.
  • Project activities that are planned for implementation.
  • Key project phases and stages.
  • Names of people assigned to project activities.
  • Milestones or special marks on the timeline to show time and date set for checking activity status against the project baseline.
  • Total amount of work effort required to do the project.

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