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How does a Cost Breakdown Structure look like?

I know that the Cost Breakdown Structure is similar to a WBS, but with the difference that it shows the cost elements instead of the work elements. But can you provide a real life example of the Cost Breakdown Structure so that I can understand the concept?
asked 7 years ago by anonymous

1 Answer

You're right, the Cost Breakdown Structure or CBS (no, not the network :) ) is very similar to the WBS. Instead of breaking down tasks your break costs.

Let's assume you're working on a construction project.

Your main element in the CBS is "Project Costs"

So you'll have something:

1. Project Costs
    1.1 Labor
        1.1.1 Management wages
        1.1.2 Workers' wages
    1.2 Material
        1.2.1 Concrete
        1.2.2 Sand
        1.2.3 Iron
        1.2.4 Copper
        1.2.5 Paint
        1.2.6 HVAC equipment
    1.3 Logistics
        1.3.1 Acquiring site
        1.3.2 Transportation
        1.3.3 Water and electricity bills
        1.3.4 Machine renting
   Drilling machines
answered 7 years ago by MaplePM (46,940 points)

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