The AI Revolution in Project Management: Elevating Productivity with Generative AI (for Hoang Anh) by Vijay Kanabar & Jason Wong
Author:Vijay Kanabar & Jason Wong
Language: eng
Format: epub
Publisher: Sams
Published: 2024-02-15T00:00:00+00:00
One of the key advantages of using a WBS is its ability to both roll up and decompose costs. This means that if you want to see the total cost for an entire work stream or a higher-level task, you can simply roll up the individual task costs to see that subtotal.
This feature provides you with a comprehensive view of your project costs, from the smallest tasks to the larger work streams. It allows you to manage your costs effectively and make informed decisions throughout the project life cycle.
By using a bottom-up estimation approach and leveraging the capabilities of the WBS, you can ensure that your project remains on track and within budget. The level of detail and precision in the cost estimation process is critical to the successful completion of the CRM Implementation project.
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