A US-based not for profit organization that includes services such as development of standards, training and certification for project management
Project Management Institute
This is the application of processes, methods, skills, knowledge and experience to achieve the project objectives and deliverables according to acceptance criteria within agreed parameters.
Project management
The hierarchy of phases, activities, individual tasks required to complete a project
Work Breakdown Structure
Types of Work Breakdown Structures
Deliverable based
Phase based
This type of WBS emphasizes a clear relationship between the deliverables and the scope of the project
Deliverable based
The unique deliverables are grouped under different phases of a project
Phase based
Steps in constructing a WBS
Gather critical documents
Identify key members
Define the Level 1 Elements
Decompose the elements
Create a WBS dictionary
Create a Gantt Chart
It is a bar chart that illustrates the tasks and activities of a project schedule. Helpful in monitoring progress
Gantt Chart