![]() In most cases, it is a spreadsheet updated manually and therefore prone to error and usually neglect because it is simply to hard to keep it up. Therefore, a CBS is either not utilized or it is created and managed in a spreadsheet. Typically, the Cost Breakdown Structure is missing completely in most project tools, including project management, scheduling and the ERP. It is the planning structure financial controllers use to create budgets and calculate various financial metrics such as: estimate at completion, cost to complete, variances and earned value. The CBS is required for Project Business to appropriately manage the financial aspect of any project. This one resides within the ERP and is directly linked to the WBS. The image above is an example of a typical CBS.
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