Project Management in Multicultural Environment: Difference between revisions

(+ definition of w:work breakdown structure)
Line 66: Line 66:


* 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 ==