In this video Tom Stephenson discusses how a WBS is organized, providing numerous examples and walking through the various levels and how they interconnect. Tom also discusses and distinquishes the difference between cost reporting and active cost control. The PM Tool of the week this week is on creating a growth mindset with your project team and the culture of your business. Carol Dweck's research is discussed at the end of this lecture. This cost control course focuses on effective project management processes that enable you to control cost and time.
Other videos posted so far in this course include:
• Lecture 1A https://youtu.be/jQhgguR_X4Q
• Lecture 1B https://youtu.be/tsjWrH2tKFw
• Lecture 2A https://youtu.be/Kjcm_x9BlCQ
• Lecture 2B https://youtu.be/PRec1I69uAE
• Lecture 3A https://youtu.be/2Vz16uwCM5A
Please click on subscribe to see new cost control lecture videos as they are posted and many existing construction related video lectures. Look under the cost control playlist for other videos in this specific course
