Hierarchical Structure of the Project definition

Hierarchical Structure of the Project definition

A few Definitions of the terminologies used in the above diagram:

Project:

The project definition is the binding framework for all organizational elements within a project.

Work Break down Structure:

With a work breakdown structure you can divide the project into useful steps, specify fixed or
"basic" dates, specify the work involved, and determine project costs. The individual levels of
the hierarchy in a work breakdown structure enable you to organize a project into steps.

Work Break down Structure Element (Sub WBS):

You can further break down these steps into individual elements. Maximum steps supported
are 99.

Network:

It is a special type work order on which cost can be planned, controlled and monitored.

Activities:

These are the actual tasks that are to be executed for the completion of the project.