Guide to Resource Breakdown Structure

The Resource Breakdown Structure (RBS) is a crucial element of project resource planning in the Capital Asset Pricing Model (CAPM).

It is a tool that organizes resources by category and type for project management purposes.

Why it is important: RBS contributes to effective resource allocation, enhancing project efficiency and contributing to budget control. It also assists in better understanding of project scope, transparency in resource allocation, and forecasting of resource needs.

How it works: RBS is developed from the top down. It starts with the largest categories of resources and breaks them down into smaller, more specific categories. In the end, you will have a hierarchical structure that shows all the resources required for the project down to the smallest detail.

Exam Tips: Answering Questions on RBS

1. Understand and clearly define the RBS concept, its importance, and application. This is normally the first examination question.
2. Provide a clear explanation on how to establish an RBS for a project, going step by step. Include identification, categorization, and breakdown of resources in your response.
3. Review past question papers and understand the pattern of RBS questions and the examiner's expectations.
4. In exam scenarios, you may be asked to create a simple RBS for a project; practice creating such models.
*Remember*, the key to answering questions on RBS is fully understanding its function, purpose, and creation process.
5. Also, be prepared to discuss how RBS can be used to manage project resources effectively. It's not just about knowing what it is, but understanding the why and how.