FPA is not a measure of effort. FPA is used to determine the "functional size" of software requirements expressed in "functional points" (fp), so it can be one of many input variables for a more complex effort estimation model (such as COCOMO).
Do not allow "ratings" for "planning." WBS is a planning technique that requires detailed knowledge of what and how to create / develop. On the contrary, an estimate is a forecast of expected effort / cost based on limited evidence.
So it's not about “one-or-the-other”, but “when-what”.
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