Cost breakdown structure example pdf documents

The objective of this module is to introduce you to work breakdown structure wbs and other supporting documents. Its mission is to provide and support safe, reliable, and costeffective transportation options to improve livable communities and. Changed bullet under project documents from resource breakdown structure to project team assignments. Introduction dividing complex projects to simpler and manageable tasks is the process identified as work breakdown structure wbs. A plan, broken down by work breakdown structure wbs level 2 group elements, to be used as a guide for designing within the construction budget. Therefore, publication of the new edition of the bcis elemental standard form of cost analysis sfca based on common elemental definitions and cost breakdown structure with the rics new rules of measurement for capital and.

A subsea field development project can be organized and comprehended in a visual manner by breaking the tasks into progressively smaller pieces until they are a collection of defined tasks, as shown in figure 69. Building the work breakdown structure wbs for additional support, please visit the epmo website. Work breakdown structure wbs in project management teamgantt. Engineering, procurement and construction epc projects opportunities for improvements through automation presented by robert n. Examples of these two documents are provided in figures 4 and 5. Cost estimate information should be included when the communication plan is developed as part of the project management process. Revision 230409 added paragraph on using the contingency operation support tool cost for developing estimates for an operation. A fixture in classic project management methodology and systems engineering, the work breakdown structure wbs is a method that breaks a project down into a hierarchy of deliverables, tasks, and subtasks.

The cost analysis example template is very easy to use. If your proposed project is too close to the 50% threshold to determine if work is considered to be. This will obviously be the cost for the component e. The tool can be as detailed as the it project manager wants it. Use pdf export for high quality prints and svg export for large sharp images. Work breakdown structure wbs in project management. Pdf the role of cost breakdown structure in life cycle cost. Cost breakdown structure for public cloud work breakdown. Discussion this approach is a simple method for cost estimation from work breakdown structure. Mel barracliffe, lisa gardner, john hammond, and shawn duncan. For example, installing the operating system on a pc successor cannot start until the pc hardware. Applying work breakdown structure to project lifecycle.

The project schedule helps to determine a baseline for the earned value, planned values and actual costs estimates as the project proceeds. Cost baseline project documents lessons learned register project schedule project team assignments. Cost center includes components like parts and materials, salaries, insurance, vehicles and more. Work breakdown structurebased cost models for drinking water.

As you can see, this structure is very similar to the traditional line structure, but there are far more lines of communication. This zip file contains the white paper the work breakdown structure. A guide to the project management body of knowledge. When you finished, you can save the diagram file save as to our cloud. Work breakdown structurebased cost models for drinking. You can also export your work into image jpg, png, pdf, svg, etc and. Doubleclick in a template row to add a project task to your wbs. Wbsbased cost models for drinking water treatment technologies united states.

Systems development life cycle sdlc methodology information technology services july 7, 2009 version 1 authors. Take a look at the risk breakdown structure example below, a legend of impact with five items has been setup, representing the five levels of impacts that risks may have on the project with five distinct color code. Resource breakdown structure rbs template creately. The cost breakdown structure cbs classifies the costs within project into cost. In this organizational structure example, we can see that although both directors have people over whom they have direct authority, they can also send information to managers they dont directly control. The example of a gantt chart below illustrates the start date, end date and duration of each task, the illustration is for an it project. A brief synopsis, an environmental management work breakdown structure in both word and excel, and a pdf appendix of the environmental management work breakdown structure wbs example. Resource breakdown structure rbs is a project management tool that provides a hierarchical decomposition of resources, either structured by resource category, types or by itbusiness function that has resource needs. Manual for preparation of cost estimates and related documents 4 of 12 february 1, 2019 4.

Work breakdown structure and project cost estimation. Software as a service saas wbs level 1 a wbs dictionary contains more detailed information about elements within a work breakdown structure wbs. It is used to breakdown resources that will cost money such as equipment, human resources, and material, machinery, etc. Together, fixed costs and variable costs make up the overall cost structure of a company, which is essential in determining its profitability. A coding scheme also helps wbs elements to be recognized in any written context. To realize the benefits of uid, relevant nato policy and guidance documents need to define the implementation of uid within each process, therefore process owners should utilize the auidp1 as a reference when establishing or modifying these documents to implement uid. Cost breakdown structure cbs lists every item classified and its expenditure for the project in order to get a more detailed estimate of cost or expenditure. Work breakdown structure an overview sciencedirect topics. Simple method proposal for cost estimation from work. Unfortunately, the business pressures driving projects have often prevented project managers from developing a comprehensive wbs. These cost or pricing data are submitted for use in connection with and in response to describe buyers rfq and reflects the suppliers best estimate as of this date in accordance with the general instructions to supplier on the reverse side hereof. Work breakdown structure wbs dictionary organizational breakdown structure obs.

Cost breakdown structure cbs lists every item classified and its expenditure for. For example, pressure vessels can be constructed with different types of body. The project schedule helps to determine a baseline for the earned value, planned values and actual costs estimates as. The scope management plan that you will create must have a segmented list of deliverable and call to actions that are clearly and directly disseminated to the workforce. Then, once the cost of each work package is estimated, the estimates can be added together to compile the total project cost estimate. The resource breakdown structure is a project management tool that is used to hierarchically breakdown resources by category and type. Work breakdown structure rev e, june 2003 work breakdown structure a project work breakdown structure wbs is a deliverable or product oriented grouping of project work elements shown in graph ical display to organize and subdivide the total work scope of a project. Ac327, working group 5 developed this document as nato guidance for unique. This paper highlights the basic process of developing a life cycle cost model and the role of cost breakdown structure for water distribution pipeline networks. Use createlys easy online diagram editor to edit this diagram, collaborate. Figure 1 shows the cost breakdown structure given in the. There are many risk management tool you can use in structuring risks.

These resources are presented from the pmi practice standard for work breakdown structures. Figure 1 wbs construction example the above wbs is from pmis practice standard for work breakdown structures. Fixed costs salaries, rents, utilities variable costs economies of scale economies of scope. Breakdown structures revisited dedicated to project controls. From this last overall project cost estimation results in the sum of the products as indicated in equation 2. Its a helpful tool that defines a detailed cost or time estimate and provides guidance for schedule development and control. A work breakdown structure can make the monitoring of the project more manageable which will allow the project manager to focus on the project scope. The work breakdown structure wbs is a graphic family tree that captures all of the work of a project in an organized way. The use of the common elemental definitions and cost breakdown structure with the new rules of measurement for capital and maintenance cost will increase their usefulness to the profession and its clients and allow capital and lifecycle maintenance cost plans to be developed and analysed in the same format. Doubleclick in each column in this tasks row to update its information.

A work breakdown structure wbs is a tool used to define and group a projects discrete work elements or tasks in a way that helps organise and define the total work scope of the project it provides the framework for detailed cost estimating and control along with providing guidance for schedule development and control. House construction estimate template example home construction cost estimate form, 5 construction estimate templates free word excel pdf, construction budget sample 8 documents in pdf excel, home remodeling business is one in which business entrepreneurs can be very successful. For example, if there are two cscis for the program numbered as 1. With the help of this example, you can easily learn how to do the cost analysis on your own. Cost breakdown structure matched back to the wbs this can provide a useful connection between your project finances and the requirements of the finance department addressing all those perennial issues around cost centres and expense authorisationinvoice paymentlevels of authority for spend etc. Our training projects template pack helps you manage training program design, development and delivery through all phases of your training project. Work breakdown structure based cost models for drinking water treatment technologies. A cost breakdown structure cbs is not that different from a pbs product breakdown structure or wbs work breakdown structure. Examples of how wbs or cbs can aid budgeting planning staff hours for each task or activity assigned x staff hourly rates per hour. With the help of this example, you can easily learn how to do the cost analysis on your. Cost breakdown structure template work breakdown structure. Creately diagrams can be exported and added to word, ppt powerpoint, excel, visio or any other document. Besides, users are capable of modifying all the item categories as and when required.

Engineering, procurement and construction epc projects. Save your finished work file save as to our cloud repository for future access. Requires a cost estimate to be developed for each of the work packages in the wbs. Chapter of project management tools and techniques 7. Public distribution of this document is only permitted. As exposed, provisional cost estimation is easily obtained. Fixed costs salaries, rents, utilities variable costs economies of. The tool can be as detailed as the it project manager wants it to be to help manage the project. What is different is that the breakdown structure now includes a cost component.

Usually, the project managers use this method for simplifying the. It is normally a monthly report and has five different formats. Context and authority this guidance note base cost estimation is one component of the suite of documents that in aggregate, constitute the department of infrastructure and regional development the. Format 1 work breakdown structure wbs format 2 organizational categories obs format 3 baseline. Breakdown structures revisited mosaic project services pty ltd. But to confront the challenges of working in todays volatile economic environment, project managers are increasingly using. You can also export your work into image jpg, png, pdf, svg, etc and share. The work breakdown structure wbs has long served as a valuable tool in helping project managers plan deliverables and detail project scope. A cost breakdown sheet is used for various type of contractor related business and helps in organizing and cost out all the required items in order to determine the estimated time, cost, materials and the profit as well. Cost allocation percentage for each element shall be based on past experience with projects of similar scope. The scope baseline which includes a work breakdown structure and wbs dictionary, which details costs for each activity, provides a wealth of information for this process.

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