Work Breakdown Structure Example: Cost Breakdown Structure Template

The best way to understand Work Breakdown Structure is to look at some examples of Work Breakdown Structure and start drawing your own. You can now modify the Work Breakdown Structure example below using Visual Paradigm's online Work Breakdown Structure tool.

Cost Breakdown Structure

Any project requires careful planning before launch. Creating work scope and estimating time and resources necessary for completing the project are essential parts of the planning process. The cost breakdown structure can be developed based on the work breakdown structure (WBS) and can be used to allocate costs to each part of the building project. It represents a breakdown of the costs of the various components of the Work Breakdown Structure (WBS) including all works or services done by the subcontractors. It is used to continuously compare the actual costs with the budget, and integrate to the cost control system.

The cost breakdown structure classifies the costs within project into cost units/cost centers and cost elements/cost types. The establishment of a cost structure aids efficient cost planning, controlling, and the introduction of measures to reduce costs.

How to draw a Cost Breakdown Structure?

Want to create a Cost Breakdown Structure? Try Visual Paradigm, a top-rated online diagramming software that features all the Cost Breakdown Structure tool, symbols, examples and templates you needed.

  1. Create a Cost Breakdown Structure.
  2. Construct the 'tree'.
  3. Save your finished work (File > Save as) to our cloud repository for future access. You can also export your work into image (JPG, PNG, PDF, SVG, etc) and share it with your co-workers.

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