Articles on: Services Delivery Planning

Work Breakdown Structure (WBS)

Work Breakdown Structure is a logical division of a project into phases and tasks. RevLock is designed to handle multiple phases (or major activities) throughout the life of the project. Within major activities, you can define sub-activities for more detailed tracking and analysis.

The WBS is the foundation of the budget building process. The activities defined within the WBS and sub-activities are the items that will be tracked, modified and analyzed during the life of the project.

For example, if a company use phases to define the top-level activities of a project within each activity, sub-activities can be defined as illustrated:



The hours associated with each sub-activity will be rolled up into the main activity for budgeting, tracking, analyzing and revenue recognition purposes.

In RevLock each project must be associated with a WBS. A common WBS can be used if every project has same activities and sub-activities otherwise create WBS for each project.

For more details you can go through the steps to configure activities and sub-activities in Work Breakdown Structure.

Updated on: 19/02/2021

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