Project Management Essay Example | Topics and Well Written Essays - 1500 words - 12

Project Management - Essay Example These activity lists proposes all the scheduled activity which will help to complete the project quickly. Implementation of work package during project leads concurrent work on various different mechanism of a project at the equivalent time by multiple teams. Most of the times, the completion of work package has been overseen by the managers or supervisor or a team leader of a project team. Moreover work packages reduce the activity cost and other indirect costs like cost of material, cost of transportation, cost of labor etc. Work breakdown structure is a deliverable and oriented decomposition of a specific project into smaller components. One of the important uses of work breakdown structure is that this structure proposes cost control standard for the future project activities which may or may not be similar. Moreover work breakdown structure starts off with a generalized goal in a quality planning process and helps to identify the progressive narrow level of action that is needed in order to achieve the project objectives. While implementation of work breakdown structure the team should have in depth understanding of the tasks required. Work breakdown structure is the critical input which identifies the risks subsequently in macro and micro level of work packages. To identify the cost variances and scheduled variances, project managers quite often use the performance measurement baseline. The performance management baseline is the collection of work packages that estimates work effort and duration of every work packages. Moreover it controls cost of resources. After determination of scopes and approaches towards a project, work breakdown structure is constructed to complete the work packages efficiently. These will help a project team to identify the project activities. The key elements are required to construct a project work that is the resources. Project managers need to apply