For a WBS to be released, which status must it have?

Study for the GFEBS Project Systems Exam. Use flashcards and multiple choice questions, complete with explanations. Get ready to excel in your exam!

For a Work Breakdown Structure (WBS) to be released, it must have the status of "FUND." This status indicates that the necessary funds have been allocated and made available for the project associated with that WBS.

A WBS represents the hierarchical structure that breaks down a project into manageable sections, and it is crucial to ensure that there are available and committed resources before it can be released for actual execution. The "FUND" status reflects this commitment to financial resources, allowing project managers and stakeholders to proceed with confidence knowing that funding is secured.

Without this status, the WBS would lack the necessary financial backing, which is essential for the project's success and management. This ensures that the project can progress without interruption due to funding issues.

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