Question: Lab 2 : Create Work Breakdown Structure ( WBS ) , Project Network Diagram, and High - Level Budget Estimated time needed: 1 3 5

Lab 2: Create Work Breakdown Structure (WBS), Project Network Diagram, and High-Level Budget
Estimated time needed: 135 minutes
Objectives
After completing this lab, you will be able to:
Create a work breakdown structure (WBS)
Create a project network diagram
Create a high-level budget using an RBS
Prerequisites
You must have Microsoft Excel installed on your computer or a Microsoft Office 365 account online. If you want to sign up for Microsoft Office 365 online and need help with the steps to sign up, click here.
If you are new to Microsoft Excel, click here.
You should have completed the following labs before starting:
Create a project charter
Create a stakeholder register
It is highly recommended that you watch the following videos before starting:
Create a WBS
Create a Network Diagram
Create a High-Level Budget
Scenario: Develop an Application (App) to Provide Real-Time Marketing Data
Good news! The project charter and stakeholder register have been approved. The Project Management Institute (PMI) recommends that scope, schedule, and cost be planned in this order during initial baseline planning. Your team will follow this recommendation.
The project charter divided the project into five phases for scheduling purposes. The project team has decided to tailor the work breakdown structure (WBS), schedule, and high-level budget estimate using these phases.
The table below identifies each phase and tasks to be considered in the scope, schedule, and cost planning for this project. Note that the key task requirements for the major tasks are not listed in the order in which they will occur. When planning scope, schedule, and cost, your team must determine the task flow.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!