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Project Management in Multicultural Environment: Difference between revisions
Project Management in Multicultural Environment (view source)
Revision as of 11:28, 13 February 2015
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* A '''[[w:work breakdown structure|work breakdown structure]] (WBS)''', in [[w:project management|project management]] and [[w:systems engineering|systems engineering]], is a deliverable-oriented decomposition of a project into smaller components. | * A '''[[w:work breakdown structure|work breakdown structure]] (WBS)''', in [[w:project management|project management]] and [[w:systems engineering|systems engineering]], is a deliverable-oriented decomposition of a project into smaller components. | ||
:::A work breakdown structure element may be a [[w:Product (business)|product]], [[w:data|data]], [[w:Service (economics)|service]], or any combination thereof. A WBS also provides the necessary framework for detailed cost estimating and control along with providing guidance for schedule development and control.<ref name="BAH">Booz, Allen & Hamilton [http://science.energy.gov/~/media/opa/powerpoint/Final_Module_2.ppt Earned Value Management Tutorial Module 2: Work Breakdown Structure], [http://science.energy.gov/opa/project-management/tools-and-resources/ Office of Science, Tools & Resources for Project Management], science.energy.gov. Accessed 27. Dec 2011.</ref> ( Wikipedia ) | ::: A work breakdown structure element may be a [[w:Product (business)|product]], [[w:data|data]], [[w:Service (economics)|service]], or any combination thereof. A WBS also provides the necessary framework for detailed cost estimating and control along with providing guidance for schedule development and control.<ref name="BAH">Booz, Allen & Hamilton [http://science.energy.gov/~/media/opa/powerpoint/Final_Module_2.ppt Earned Value Management Tutorial Module 2: Work Breakdown Structure], [http://science.energy.gov/opa/project-management/tools-and-resources/ Office of Science, Tools & Resources for Project Management], science.energy.gov. Accessed 27. Dec 2011.</ref> ( Wikipedia ) | ||
* A '''[[w:statement of work|statement of work]]''' ('''SOW''') is a formal document that captures and defines the work activities, [[w:deliverable|deliverable]]s, and timeline a vendor must execute in performance of specified work for a client. | |||
::: The SOW usually includes detailed requirements and pricing, with standard regulatory and governance terms and conditions. It thus overlaps in concept with a [[w:contract|contract]], and indeed SOWs are often legally equivalent to contracts. ( Wikipedia ) | |||
== Project management softwares == | == Project management softwares == | ||