Free Excel Template : Project Budget (WBS wise)

Project budget with WBS template
Compatible with : Microsoft Office Excel, Libra Office, WPS Office, Google Sheet
  • Download The Template File
  • Extract The Zipped File
  • Use the Template
SWOT Analysis Tutorial

How to prepare for an effective SWOT analysis using Excel ?

A SWOT Analysis is a structured brainstorming and evaluation tool used to identify your internal Strengths and Weaknesses and external Opportunities and Threats. You can use a …

Search
Generic filters
Filter by Categories
Select all
Budget
Business Statements
Calendars
Gantt Chart
Health Chart/ Personal Log
Inventory
Invoice/ Bill
Payroll
Project Timelines
Purchase Order/Requisition
Quotation
Sales/ Marketing
SWOT Analysis
Timesheet/ Attendance
Filter by File Types






Share on facebook
Share on twitter
Share on linkedin
Share on mix
Share on whatsapp
Share on pinterest

Introduction of this Excel Template :

The most important aspect of project management is creating and managing an accurate budget. You can use project budget template along with Work Breakdown Structure (WBS) which is well-defined project plan to help put together a solid budget. This template will allow you to accurately predict your costs and to manage those costs during your project.

This project budgeting template is applicable for all sorts of projects. You can use it for home remodeling, contract work, small community service projects, and even large IT project budgets. However, if you are doing a multi-year, multi-million dollar project, You will require a more detailed budget template for your project. You can do that by making some modification in this existing template too.

This spreadsheet template is designed to make easy approach to define and categorize all the costs associated with a detailed project. The categories are laid out in the traditional WBS (work breakdown structure) format, making this template a useful addition to our popular Gantt chart template, which can be used to define a detailed project schedule. This sheet allows you to specify material and labor rates and quantities for each task – automatically calculating the dollar amount.

What is Work Breakdown Structure (WBS) ?

Work breakdown structure (WBS) in project management is a method for completing a complex, multi-step project. It’s a way to divide and conquer large projects to get things done faster and more efficiently. The goal of a WBS is to make a large project more manageable. Breaking it down into smaller chunks means work can be done simultaneously by different team members, leading to better team productivity and easier project management.

How to create a work breakdown structure (WBS) ? 

Before you create a work breakdown structure (WBS), it is important to first assess the project scope by talking to all stakeholders and key team members involved. As the project manager, you want to ensure that all critical input and deliverables are gathered and transparently prioritized. You may use Gantt charts, flow charts, spreadsheets, or lists to show the hierarchical outline of importance and connectivity between the tasks needed to complete the project.

After outlining the deliverables and tasks in order of completion, you can then assign each task to a project team member. Ensure no team member carries the majority of the project’s weight by spreading duties and responsibilities across the team.

Work Breakdown Structure Examples : 

Your work breakdown structure for each project can be different.

As a project manager, you may have to experiment to see which WBS works best for you and your team. The goal is to show the hierarchy of your projects and make progress clear to everyone involved — whether they are a team member or an external stakeholder.

Here are some work breakdown structure examples. You can use any of these to outline your WBS.

  1. WBS spreadsheet: You can structure your WBS efficiently in a spreadsheet, noting the different phases, tasks, or deliverables in the columns and rows.
  2. WBS flowchart: You can structure your WBS in a diagrammatic workflow. Most WBS examples and templates you may find are flowcharts.
  3. WBS list: You can structure your WBS as a simple list of tasks or deliverables and subtasks. This is the most straightforward approach to make a WBS.
  4. Work breakdown structure Gantt chart. You can structure your WBS as a Gantt chart that represents both a spreadsheet and a timeline. With a Gantt chart-structured WBS, you can link task dependencies and show project milestones.

Also check out other related excel timeline and project templates and dashboards like – Milestone Charting Roadmap Excel Template, Project Milestones Excel Template, Project Budget (WBS) Template in Excel and Date Tracking Gantt Chart.

Click the button below to Download Project Budget (WBS wise) Excel Template

By Downloading this Free Excel Template, it is implied that you comply with Download Instructions

Download Instructions

If the excel templates can not be downloaded, Leave us a message in the Comment Section. We will solve the related problems for you as soon as possible. All Excel templates and dashboards and tools are sole property of exceldownloads.com. As a User, you can download and use the excel templates, dashboards and calculators for personal and business use with no payment i.e. for free, but without permission, you can not distribute it on the Internet website or CD/DVD channels !

Without permission granted from us/ management team of ExcelDownloads.com, use of these excel templates and dashboards is not allowed. However, if you want to share this templates and dashboards with your friends and peers, we have provided sharing option in various social media and platform via which you can share our content.

We hope that you can get our help in making your personal and business activities easier with the use of free excel templates and dashboards, and at the same time, support the construction of our website by considering our efforts and aforesaid instructions.

Leave a Comment

Your email address will not be published. Required fields are marked *

Recent Comments

Recent Uploads