Project Management Essay
WBS is a graphical representation of a project scope. It is a hierarchical layout of all the work that must be fulfilled according to customer requirement to complete a job. The objective of this activity is to spot and arrange the task in such a way that all activities related to a project, either a sub task or work packages come together to complete a job effectively & efficiently. This set’s up the foundation for Project Manager to evaluate the time requirement of the project, resources required for the job and arrange the work.
WBS basically decomposes a complex job into small components & further clarifies the inter relationship between these small components. It helps the planning process, plans can be changed anytime, and they can be revised or even updated. It helps in assigning task as different points in WBS, be it Managerial or Technological (NetMBA, 2010). 2. What is a Gantt chart? What is the Critical Path and how is it used? Gantt chart, which is also known as Gantt chartis, is a bar chart that demonstrates schedule of a project.
This chart shows the starting & finishing dates of terminal & summary essentials of a project. These terminal &
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Activities that come along the critical path affect the finish time, means that these activities cannot be delayed without a change in the finishing time of the project. Critical path is used through CPM. This approach is used to estimate the longest time to complete a specific project & the shortest time or time with minimum wastage to complete a project. It’s a pictorial representation that shows dependency of tasks on other activities.