Write a 1,050- to 1,400-word paper in which you answer the following questions:
What differentiates a list of project requirements from a Work Breakdown Structure (WBS)?
What is the importance of developing a WBS to manage a project?
How does the WBS contribute to the success of a project?
Once the project schedule is finalized, what are the tools you can use to monitor the schedule?
How do you handle over allocated resources?
What are the advantages and disadvantages to fast-tracking a project?
The project requirements are essential in any scheme as they make sure that the task is mainly focused on delivering the needs of a user. Without the necessities, it would be difficult for the project manager to be aware of what to plan or for the stakeholders to know what to expect on the outcomes. Further, the requirements are identified during the designing phase and are presented to the team that is concerned with matters of the project. It is vital for the team involved in the project to know and internalize the concepts of the project so that they can proceed to plan its next steps. Moreover, the project requirements must start with a Business Needs Identification Statement document, which top-level needs must be met by using both manual and automated processes. On the other hand, the Work-Breakdown Structure (WBS) arranges the group’s labor into convenient segments (Zecheru & Olaru, 2016). It aids the group involved in the project to accomplish its desired objectives. Additionally, the WBS is created by the team to enable assigning of sub-deliveries to a single person (Zecheru & Olaru, 2016). It is less detailed than the project requirements, but it displays the list of milestones to monitor as the project continues.
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