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

1. You should have completed the following labs before starting:

   • Creat

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.

Project Phase	Key Task Requirements
Design (30 days)	Gain final design approval Identify vendor to design and develop app Solicit initial design feedback Define key app functionality requirements Develop initial design Finalize vendor contract Update design based on feedback
Development (90 days)	Perform prototype beta test Develop an initial prototype Develop an app launch plan Update prototype based on feedback Implement IT upgrades Solicit beta test feedback Gain prototype sign-off
Test (30 days)	Test the final app prototype Begin full-scale development Begin IT hiring Gain customer acceptance Approve the launch plan Train Marketing personnel on a new app
Launch and approve the app (60 days)	Monitor app performance Plan v2 upgrades Launch a new app Finalize new hires Plan app upgrades Implement app upgrades Launch app v2 Document app issues Complete the final project report

The team determined that direct costs will be required as follows:

• App development: Design Phase 50%, launch and improve app 50%
• IT software and hardware: Development phase
• IT storage: Test phase
• Data feeds: Development phase
• App security upgrades: Test phase
• IT personnel HR costs: Launch phase

All personnel costs are considered indirect. The organization bears training costs, and are also indirect.

It's time to get to work!

Exercise 3: Create a High-Level Budget Using an RBS

1. In the High-Level Budget template, add the project and the date.

2. Add the work packages that you identified while creating a WBS for the AHI app development scenario.

3. Add costs, comments, total costs by category and by project, and the contingency requirements.

4. Save your High-Level Budget document with a meaningful name such as AHI High-Level Budget.

   High-Level Budget RBS Template

High-Level Budget RBS Example

Template Wunbecksacitic