What is work breakdown structure in SAP PS - Project System?

SAP Term: work breakdown structure

• Component: PS

• Component Name: Project System

• Description: A hierarchical outline of an undertaking described in the project definition. The work breakdown structure WBS is the basis for the organization and coordination of a project. A WBS consists of WBS elements. The WBS elements describe tasks or subtasks in the project to perform within a defined time period.

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• Key Concepts: 
  Work Breakdown Structure (WBS) is a hierarchical structure used in the Project System (PS) component of SAP to break down a project into smaller, more manageable tasks. It is used to define the scope of a project and to plan and monitor the progress of the project. The WBS is composed of a series of levels, each level representing a different level of detail. 
  
  How to use it: 
  The WBS can be used to create a project plan, assign tasks to resources, and track progress. It can also be used to create budgets and cost estimates for the project. The WBS can be created manually or automatically using the SAP Project System. 
  
  Tips & Tricks: 
  When creating a WBS, it is important to ensure that each task is clearly defined and that all tasks are linked together in a logical manner. It is also important to ensure that each task has an associated budget and timeline. 
  
  Related Information: 
  The WBS is closely related to other components of the SAP Project System such as the Network Diagram, which is used to visualize the relationships between tasks in the WBS. The WBS can also be used in conjunction with other components such as the Cost Planning component, which is used to create cost estimates for the project.