Economics and Innovative Technologies


This article discusses one of the tools of Project Management and defines the essence and significance of the Work Breakdown Structure (WBS), which helps to make detailed planning and measure the cost in the implementation of projects. By breaking down the entire product into several smaller sizes, management can verify that all activities identified with the work breakdown structure are attributed to efforts that contribute to the achievement of project objectives. The use of work breakdown elements for work planning is the basis for assessing and planning resource requirements.


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