What is the difference between a WBS and a project plan?

Is a WBS a project plan?

The work breakdown structure (WBS) is at the core of project planning. Project managers use the WBS to divide the project into controllable elements. … A WBS should be created before a detailled project plan as it is a basis to estimate the resources needed and to create a cost and time schedule.

What is the difference between a project and a plan?

The basic difference between plan, project and program is that a plan details a course of action; a project is short-term and designed to deliver a specified output within time, cost and quality parameters; and a program is a long-term managed portfolio of multiple projects designed to produce outcomes.

Does every project need a WBS?

Every project has a WBS, just like they all have schedules and budgets. … A good WBS is important for defining the scope of a project. The WBS is the major input into the creation of the project schedule, budget, and risk plan.

What is project plan?

A typical project plan consists of: A statement of work, a resource list, work breakdown structure, a project schedule and a risk plan. … The scope includes the business need and business problem, the project objectives, deliverables, and key milestones. Project baselines are established in the project plan.

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What is the difference between schedule and work plan?

Although often used interchangeably, the terms “project planning” and “project scheduling” are two entirely different pieces of the structure of the task. … The project plan serves as the master blueprint. The project schedule nails down the details of specific tasks within the project plan.

What is a WBS and what is its purpose when planning a project schedule?

The primary purpose of the WBS is too plan the schedule for the project. Each task duration is planned in conjunction with its required predecessors and following tasks. The WBS then provides an overall plan so that the project manager can see how the project should progress and manage the workflow appropriately.

What is the meaning of plan?

transitive verb. 1 : to arrange the parts of : design plan a new layout. 2 : to devise or project the realization or achievement of planned their escape. 3 : to have in mind : intend plans to leave soon.

How do you create a project plan?

Project Management Basics: 6 Steps to a Foolproof Project Plan

  1. Step 1: Identify & Meet with Stakeholders. …
  2. Step 2: Set & Prioritize Goals. …
  3. Step 3: Define Deliverables. …
  4. Step 4: Create the Project Schedule. …
  5. Step 5: Identify Issues and Complete a Risk Assessment. …
  6. Step 6: Present the Project Plan to Stakeholders.