Integration Of Cost And Work Breakdown Structures In The Management Of Construction Projects Considering A Case Study Of Commercial Structure In Indore

Abstract

Effectively Organizing The Progress Is A Crucial Component Of Project Management. Every Task In The Management Industry Begins With Planning. Planning Is The Foundation For Carrying Out, Overseeing, Managing, And Wrapping Up A Project. In Order To Manage The Project, A Work Breakdown Structure Is Used To Hierarchically Decompose The Target Objectives, Activities, Sub-activities, And Work Packages. A Commercial Building Project In Indore, India, Serves As The Focus Of This Study, Which Investigates The Integration Of Work Breakdown Structure (WBS) And Cost Breakdown Structure (CBS) In Construction Project Management. Project Scope, Scheduling, And Cost Control Must All Be In Harmony For Construction Projects To Be Managed Effectively And Provide Results On Time And Under Budget. Coordination And Risk Management Have Been Difficult Since CBS And WBS Have Always Been Viewed As Distinct Frameworks. This Study Examines How Integrating These Structures Can Improve Planning, Scheduling, Budgeting, And Monitoring By Utilising Microsoft Project Software As A Platform. An In-depth Case Study Approach Is Used, Which Entails Creating An Integrated WBS And CBS For A Business Project And Then Analysing It Using Schedule Performance Indicators And Earned Value Management Metrics.

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