The first video in this module covers typical merger structure, the merger process, and merger benefits. Wbs work breakdown structure what is wbs and what is its purpose each project is complex. Genius colorpagehr7x scanner driver mrun gateway extended warranty c program files gateway gwcares gwcares. Applying the work breakdown structure to the project. All the work contained within the wbs is to be identified, estimated, scheduled. Estimation of the impact of mergers in the banking industry. Work breakdown structures bernd bruegge applied software engineering. The work breakdown structure wbs provides a view of your project based on activities. Design documents, manuals, the delivered system, functional approach structure the work based on development activities and project functions examples. Work breakdown structures give you a highlevel understanding of the project and. What are the purposes of the work breakdown structure and the. In a reverse triangular merger, the acquiring company will form a whollyowned subsidiary company a merger sub. If you do, its better to combine the two elements together and push the.
As highlighted in an earlier post, there are a number of factors both buyers and sellers of companies should consider. Design documents, manuals, the delivered system, functional. Creating the work breakdown structure by kim colenso, managing principal, artemis management systems the work breakdown structure wbs is the foundation for project planning and control. Project work breakdown structure wbs september 28, 2012. Each level of the wbs represents an increasingly detailed description of the project work by activity. The work breakdown structure wbs has long served as a valuable tool in helping project managers plan deliverables and detail project scope. A value breakdown structure vbs is a project management technique introduced by stephen devaux as part of the total project control tpc approach to project and program value analysis a work. In response to a merger, duplicate departments need to be merged or. Cdc unified process practices guide work breakdown structure up version.
Owners dont want to work full time or have an equity position, but theyll be there to ensure a proper transition and stay on in a reduced role. Download work breakdown structure diagram template. How to change organizational structure due to a merger. The lowest level components for each deliverable are known as work packages. With the relationships and responsibilities defined, the second and final step is to merge the wbs and. Design, organizational structure, post merger, strategy.
Wbs is a hierarchical model of all the work required to produce the projects outputs. Mar 28, 20 i d like to see in the balance find haunted houses in iowa to create your own network map, click on. Pdf work breakdown structure pdf work breakdown structure. The following discussion will examine the current trends and practice regarding work breakdown structures.
A work breakdown structure wbs in project management and systems engineering is a deliverableoriented decomposition of a project into smaller components into a tree structure that represents how the work of the project will create the components of the final product. The project management institute pmi project management body of knowledge pmbok defines a. Wikipedia defines the work breakdown structure, or wbs as it is known, as this. The work breakdown structure is the tool used to divide the project work content among individ uals and organizations so that ef ciency and effectiveness will be achieved while ensuring the inte gration of. Lets understand the work break down structure by taking an example of the aircraft system. Often project planning is ignored in favour of getting on with the work. Learn how to create compelling work breakdown structure wbs. Schedule i cant count the number of times i have been asked to provide a work breakdown structure wbs but what they wanted was a project schedule. Structure the work based on the work products activityoriented approach structure the work based on development activities and project functions geographical area approach structure the work based on geographical location organizational approach structure the work based on organizational structure. Work breakdown structure a work breakdown structure wbs is a decomposition of all the work necessary to complete a project. The work breakdown structure the project management institute pmi 2001 define the wbs as a hierarchical structure that defines and organises the total project scope based on deliverables, with each descending level in the hierarchy representing an increasingly detailed definition of the project work.
Wbs can be severed as input to five key project management activities. Presenters christopher bucksa, senior project manager, university services pmo. The work breakdown structure wbs organizes and defines 100% of the scope of project work to be accomplished and displays it in a way that relates work elements to each other and to the projects goals. However, many people fail to realise the value of a project plan for saving time, money and many problems. Resources and cost are typically inserted into the activities in a wbs, and. It breaksdown the project into lowlevel subtask units of work that will be.
Simplifying project management neellohit burghate dept. The work breakdown structure wbs is defined by a guide to the project management body of knowledge 3rd edition pmbok guide as. Statutory merger concept overview, example, and breadown. How to keep employees motivated during mergers, acquisitions and restructures the business world is moving at an increasing pace, with constant internal and external pressures to perform and thrive in a.
The importance of the work breakdown structure p3moteam. The work breakdown structure wbs is one of the most important tools you can use when managing a project. A work breakdown structure for implementing and costing an erp project communications of the ibima volume 6, 2008 94 a work breakdown structure for implementing and costing an erp project aisha momoh, decision engineering centre, cranfield university, bedford, uk,a. The pd is to structure the project work into wbs elements work packages. Work breakdown structure relativistic heavy ion collider. Merger analysis could be improved by incorporating the full e. Creating the work breakdown structure the wbs can be structured in either of two ways. Breakdown structures wbs as they begin the process of. Work breakdown structures objectoriented software engineering. A wbs is a productoriented grouping of project elements that organizes and defines the total scope of the. Pdf work breakdown structure major revisions to a wbs require both substantial effort and resources, due to pdf reader aloud its.
Merger%and%acquisition the impact on organizational. It breaksdown the project into lowlevel subtask units of work that will be scheduled, executed and controlled. Approaches to develop work breakdown structures product component approach structure the work based on the work products examples. They can also access all the presentations, playbooks, books, articles, checklists. The work breakdown structure is the tool used to divide the project work content among individ uals and organizations so that ef ciency and effectiveness will be achieved while ensuring the inte gration of work efforts to produce the projectrequired deliverables. The following discussion will examine the current trends and practice regarding work. Large or complex deliverables are broken down into smaller components. Work breakdown structure information, software and wbs samples. A work breakdown structure is a way of organizing a project by functional areas to segment the work to be done so that it has a logical structure that maps to the overall solution functionality. Each descending level of the wbs represents an increasingly detailed description. An important part of project planning, the wbs begins with a hierarchy of tasks and levels that help to. Team must clearly identify what has to be procured and when, and how each procurement will relate. An important part of project planning, the wbs begins with a hierarchy of tasks and levels that help to identify how the project will flow within a designed timeline set by the project manager.
A work breakdown structure wbs is a deliverableoriented hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives and create the required deliverables. Wbs work breakdown structure approach in project management. Pdf work breakdown structure pdf work breakdown structure download. The lowest level describes a package of work that can be. Using work breakdown structure wbs for effective project estimation written by ambadapudi sridhara murthy thinking about projects and project execution, the competition in this. The work breakdown structure provides subdivisions of project objectives, based on a network plan linking all levels of the wbs, from the highest client to the lowest specific job. In response to a merger, duplicate departments need to be merged or eliminated, and at least some employees from both companies will either transfer to new positions or leave the company. Creating a project plan is the first thing you should do when undertaking any project. Pdf work breakdown structure major revisions to a wbs require both substantial effort and resources, due to. Description the wbs predecessors field lists the work breakdown structure wbs codes associated with the predecessor tasks on which the task depends. A work breakdown structure is a way of organizing a project by functional areas to segment the work to be done so that it has a logical structure that maps to the overall solution.
Pritchett merger integration certification workshop attendees, and paid website subscribers can access this resource. Applying work breakdown structure to project lifecycle pmi. Description the wbs predecessors field lists the work breakdown structure wbs codes associated with the predecessor tasks on which the task depends before it can start or finish. It is the connecting point for work and cost estimates, schedule information, actual work effortcost expenditures, and accountability. Free work breakdown structure templates smartsheet. Work breakdown structure article about work breakdown. But i will leave comment until after ive discussed how to create a wbs with a mind map, because that is going to be an important way to i distinguish competitors, for you as a project manager. A work breakdown structure wbs is a hierarchical outline of the tasks needed to deliver the projects product or service. It is simply a chart or outline of your projects deliverables. Work breakdown structures a work breakdown structure is a deliverableoriented hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives. Combine this with a wbs dictionary for a mix of visual structure and detailed project information. Jun 17, 2014 this article describes one of the most important tools the wbs work breakdown structure for understanding and decomposing project scope and also the various advantagessuccesses that a project team could derive if a wbs is wellprepared and used through the duration of the project. The first approach structures the wbs primarily from a deliverables perspective, in that the highest level level.
The secret to creating a wbs with a mind map onlinepmcourses. Mar 10, 2017 wbs can be severed as input to five key project management activities. Project management using work breakdown structure wbs. The document used to define the scope of a project is the work breakdown structure wbs. Project scope work breakdown structure and the procurement plan. The first approach structures the wbs primarily from a deliverables perspective, in that the highest level level 1 entries represent the major deliverables that the project is committed to create. What is wbs work breakdown structure in project management. Cost estimating cost budgeting resource planning risk management planning activity definition. At the same time, according to the actual situation of the project, the team can make this unit of work associated with a milestone. They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on. A wbs is not a todo list consisting of everything that needs to be done on the project.
An organizational structure refers to the levels of hierarchy, chain of command, management systems and job structures and roles. Each predecessor is linked to the task by a specific type of task dependency and a lead time or lag time. In a statutory merger between two companies where company a merges with company b, one of the two companies will continue to survive after the transaction has completed. Answer to describe the relationship between purchasing and the work breakdown structure wbs. A work breakdown structure wbs in project management and systems engineering, is a tool used to define and group a. Benefits of the work breakdown structure its notes. The wbs, or the work breakdown structure, is essential as part of a projects lifecycle and timeline. A project work breakdown structure wbs is a deliverable or productoriented grouping of project work elements shown in graphical display to organize and. A work breakdown structure for implementing and costing an.
It is proved that an open communication, a flexible structure, support mechanisms such as reward systems and entrepreneurial orientation that encourage. This is a first, very important step of all projects. Work break down structure wbs step by step guide to create wbs 5 only steps. Work breakdown structure wbs purpose, process and pitfalls. The importance of the wbs experienced project managers know there are many things that can go wrong in projects. When the merger transaction closes, the merger sub will be merged with and into the target company, with the target company surviving as a whollyowned.
Splitting your tasks into smaller portions is a way to be well organised and to have a clear overview of the things that need to get done. The wbs tool is used to decompose the whole into smaller parts that will be easier for the team to plan and manage. A wbs is the cornerstone of effective project planning, execution, controlling. Merger%and%acquisition the impact on organizationalculture. The aggregation of all the work to be performed in a project. Development of hybrid product breakdown structure for nasa ntrs.
A work breakdown structure is a logical and rigorous tool for articulating your project scope. A wbs is arranged in a hierarchy and constructed to allow for clear and logical groupings, either by activities or deliverables. Purchasing can support a project well when the team has a sound understanding of the work it contains. A work breakdown structure for implementing and costing an erp project communications of the ibima volume 6, 2008 94 a work breakdown structure for implementing and costing an erp project aisha. Its time for post merger management to become as sophisticated as todays takeover plans. From the time the first edition of the practice standard for work breakdown structures was being developed a little more than five years ago, there has been a vast expansion in rapid electronic access to information through the internet, cdroms. Presenters christopher bucksa, senior project manager, university services pmo duane orlovski, project manager, college of pharmacy. Nov 21, 2011 a commonly used merger structure is the reverse triangular merger. A wbs is a productoriented grouping of project elements that organizes and defines the total scope of the project.
A wbs is arranged in a hierarchy and constructed to allow for clear. Work breakdown structure rev e, june 2003 work breakdown structure a project work breakdown structure wbs is a deliverable or product oriented grouping of project work elements shown in graph ical display to organize and subdivide the total work scope of a project. A work breakdown structure wbs is one way to get good results. Serif photosplus is having very simple, descent interface. Five structures and determining worth accountingweb. Work breakdown structures a work breakdown structure is a deliverableoriented hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives and create the required deliverables.
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