Accurate, updated WBS are the backbone of any project. They are an essential tool to communicate with the project team and the company.
They are not necessarily done by a product manager, but anyone in charge of a product greatly benefits from having this clear vision of what is going on during execution.
The strategic project illustrated above ended up being shipped on time, without added cost and was a hit with the company's customers, opening up a new market for us.
To this date, it is one of my proudest 0 -> 1 products shipped.
I dug into the task the partner had trouble with and took it over with the help of other partners. This inspired me a few years later to build my own company and build a similar, better product.