![]() In doing so, you’ll identify risks that may impact your project. When you create a WBS, you’re required to think through each activity in detail to define all the work necessary to complete it. The work breakdown structure lets you dissect the project to understand how it all fits together and create a Gannt chart that provides clear focus and critical path requirements. Risk management, resource management, task management, and team management This makes it possible for you to plan, schedule, and form budgets based on the details of the project, rather than relying on high-level guesstimates. When combined, they form a total estimate of what’s required for the project team to complete the project within its defined scope. ![]() All these sub-elements can have time and cost estimates associated with them. The lower levels break down the scope into more detailed deliverables and individual tasks. It represents the project scope statement. The top level of your WBS represents the project's final deliverable, or end product. Let's look at WBS in more depth: Project planning, scheduling, and budgeting
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