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Best practices in project management are described in most of the models and methodologies like PMBOK and agile, and in this article we want to summarize how the most consensual ones are tackled on WorkinProject.

The Work Breakdown Structure (WBS) in project management is associated with key deliverables that organizes the work in logic and manageable sections. The Project Management Body of Knowledge (PMBOK) defines the WBS as a

"deliverable oriented hierarchical decomposition of the work to be executed by the project team.".

 

This costing model become popular in management due to its simplicity on data collection by requiring only the estimates of two variables: the unit cost of supplying capacity; and the time required to perform an activity.