1. Project Work Breakdown Structures (WBS) play an important role when defining the scope of a project...

Question:

1. Project Work Breakdown Structures (WBS) play an important role when defining the scope of a project and developing a project schedule. Describe the purpose of a WBS, how you would develop one, and why it is so important to develop before creating a project schedule.
2. Estimating and budgeting are dry subjects. Learning to perform this process on real projects, however, is a valuable skill to learn more about beyond the scope of this chapter.
If you were a project manager overseeing the construction of the world's longest suspension bridge and you were under pressure from various to get the project done as quickly as possible, would you 'fast track' or 'crash' the project to satisfy your even though you were already running a 12 hour work shift?
Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...