The WBS is a product-oriented structure and describes that product as program deliverables providing vertical integration to that product of the program. Generally speaking, the WBS rolls from the total program down to the parts and provides the structure for cost collection.
The integrated master plan (IMP) on the other hand is a high-level, event-oriented structure that divides the program into major phases and then tracks those phases to completion. Programs are sets of related programs and portfolio projects, and are managed at the upper levels of the organization by a program manager or business officer.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.