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2.1 Lecture
0:13
Hello. Welcome to our course on budgeting and scheduling
projects. Together, we are going to look at how to identify the resource
needs of your project. We're going to look at estimating approaches and
taking those estimates and turning them into a budget, creating a realistic
schedule, and making quality a part of your project. All important
projects, so off we go.
0:35
When we discussed the work breakdown structure, or the WBS, we were
talking about decomposition. We talked about how it means to break the
work down. We discussed how low should you go in terms of your
breakdown. And we discussed the 8-80 rule, the distance between two
status points, and when it makes sense to ignore those guidelines.
0:56
In order to understand your project resource needs, you are going to
revisit your work breakdown structure. It is possible that you stopped at
a level which was detailed enough to know that the work to complete the
scope was included, but perhaps not detailed enough to assign the work.
1:12
Take another look at your work packages. Remember, a work package
is the lowest level of your WBS, no matter how low you went. If your
work packages are low enough that you can now use them to determine
what types of resources are needed, great. If not, now is the time to
decompose them into activities.
1:32
By activity, I mean a piece of work that is assignable and can go into
the schedule. Some people would use the word task.
1:41
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