Schedule (project management) in the context of "Work breakdown structure"

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⭐ Core Definition: Schedule (project management)

In project management, a schedule is a listing of a project's milestones, activities, and deliverables. Usually dependencies and resources are defined for each task, then start and finish dates are estimated from the resource allocation, budget, task duration, and scheduled events. A schedule is commonly used in the project planning and project portfolio management parts of project management. Elements on a schedule may be closely related to the work breakdown structure (WBS) terminal elements, the Statement of work, or a Contract Data Requirements List.

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👉 Schedule (project management) in the context of Work breakdown structure

A work-breakdown structure (WBS) in project management and systems engineering is a breakdown of a project into smaller components. It is a key project management element that organizes the team's work into manageable sections. The Project Management Body of Knowledge defines the work-breakdown structure as a "hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables."

A WBS provides the necessary framework for detailed cost estimation and control while providing guidance for schedule development and control.

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Schedule (project management) in the context of Resource (project management)

In project management, resources are required to carry out the project tasks. These can be people, equipment, facilities, funding, or anything else capable of definition (usually other than labour) required for the completion of a project activity. The lack of a resource can therefore be a constraint on the completion of the project activity. Resources may be storable or not storable. Storable resources remain available unless depleted by usage, and may be replenished by project tasks that produce them. Nonstorable resources must be renewed for each time period, even if not used in previous periods.

Resource scheduling, availability, and optimisation are considered key to successful project management.

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LINKED FROM (PARENTS)
← Resource (project management) ← Work breakdown structure
LINKS TO (CHILDREN)
Project management → Project → Milestone (project management) → Task (project management) → Deliverable → Dependency (project management) → Estimation (project management) → Resource allocation → Budget → Project planning → Project portfolio management → Work breakdown structure → Work breakdown structure → Statement of work → Contract Data Requirements List →