Creating a Work Breakdown Structure
You can create a work breakdown structure to separates work into mutually exclusive parts.
To create a work breakdown structure:
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Go to Lists > Relationships > Projects.
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Click Edit next to the project you want to update.
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Click Work Breakdown Structure and New WBS.
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Select a timeline type. You can choose from a global or monthly timeline type based on your preference. The monthly timeline type breaks down your budget into months so that you can track your actuals against monthly estimations.
Note:If you do not select an end date, the WBS does not generate monthly timeline columns.
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In the Name field, enter a name for your first work line.
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In the Task field, select a project task to associate with this line.
Note:The main purpose of selecting a task is to capture actuals to a WBS line. If you have not created any tasks yet, you can add them later.
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In the Activity Code field, select the activity code for this line. For more information, see Activity Codes.
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Under Estimate to Complete, enter the cost and revenue estimates for the line.
Note:The ETC values represent the financial amounts which it takes to have the part of the project completed. If you use the calculation pop-up, the ETC can represent a quantity. For more details, see Calculating Costs.
Tip:You can calculate costs not only through the Estimate to Complete field, but also by using the Calculating Costs icon.
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Click Add Row.
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Continue to add as many rows as necessary.
Tip:You can set up a hierarchy of each row by using the Right arrow key to set it as a sub line and moving the row by the Up or Down keys.
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When you have finished, click Save.
If you also use Advanced Project Profitability, each item displays differently in the report, depending on the profitability configuration.