Which tool helps in estimating project schedule and effort in the Prepare phase?

The estimation of project schedule and effort is critical for effective planning and resource allocation during the Prepare phase of the SAP Activate methodology. The correct choice focuses on Work Breakdown Structure (WBS), schedule, and effort estimation, which are essential components in defining the scope of the project and setting realistic timelines.

Utilizing a WBS helps in breaking down the project into manageable sections, allowing teams to assess the amount of effort required for each task. This granularity is vital for creating an accurate schedule as it provides a clear picture of all project activities and dependencies. Effort estimation involves analyzing the time and resources needed to complete each part of the WBS, which directly influences the overall project timeline and budget. This comprehensive approach ensures that all aspects of the project are considered, leading to more precise planning and execution.

In contrast, the other options do not specifically focus on the estimation of schedule and effort within the Prepare phase. For instance, the cutover plan is typically related to the transition from a legacy system to the new one and does not pertain to the initial project planning stage. A project backlog template is more associated with agile methodologies and planning for user stories and tasks rather than high-level project scheduling. The master data overview focuses on data management rather than scheduling