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WBS (Work Breakdown Structure)
WBS is a project management tool used to break a project down into smaller, more manageable tasks. The WBS can be used by individuals or teams and helps ensure that all necessary steps are taken to complete a project. The WBS is often used in conjunction with other tools such as Gantt charts, which help visualize how each task in the WBS relates to each other.
What Small and Midsize Businesses Need to Know About WBS (Work Breakdown Structure)
Small businesses can use a WBS to help them improve planning and track their projects. This can be especially helpful for new companies without much experience in project management. A WBS can also help ensure that all necessary steps are taken to complete a project on time and within budget.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business