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Business Exam Prep · Yesterday · 3 min

CAPM Exam Prep 30, WBS, the 100% Rule, Work Packages, and Milestones

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How the Work Breakdown Structure (WBS) visually decomposes project scope into manageable deliverables. - The importance of the 100% Rule, ensuring the WBS includes all project work and nothing extra. - The definition of a work package as the lowest WBS level where cost and duration are estimated. - The critical exam trap of confusing deliverables (nouns) with activities (verbs) when creating a WBS. - The distinction between work packages, which have duration, and milestones, which are zero-duration events. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:
- How the Work Breakdown Structure (WBS) visually decomposes project scope into manageable deliverables.
- The importance of the 100% Rule, ensuring the WBS includes all project work and nothing extra.
- The definition of a work package as the lowest WBS level where cost and duration are estimated.
- The critical exam trap of confusing deliverables (nouns) with activities (verbs) when creating a WBS.
- The distinction between work packages, which have duration, and milestones, which are zero-duration events.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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