Resource allocation is the process of assigning and scheduling resources to project tasks. Resources are the life blood of project management. Resources are used to carry out the project, and are returned to their owners if not consumed by the project. There are 6 steps to performing a proper resource allocation: Divide the Project into Tasks Assign the … [Read more...]
The 4 Steps of Resource Planning
Like a carpenter without a hammer. Like programmer without a computer. Like a speaker without a microphone. Resource planning is an indispensable component of project management. In fact, it's so important that the Project Management Body of Knowledge (PMBOK Guide) dedicates a full knowledge area to resource management. In order to effectively manage … [Read more...]
Project Resource Management According to the PMBOK
Managing the project resources is how the project manager spends most of their time. From ordering supplies, to training team members, to paying bills, the project resources are a seemingly bottomless pit of active management. Meanwhile, the project team is one of the most important components of project success - Having confidence that your team is going to … [Read more...]
Types of Project Resources
A project manager that fails to allocate project resources is like a carpenter without a hammer. That's why estimating task resources is an integral step in project planning. It also happens to be one of the most fundamental aspects of project management, one of the steps that the project manager utilizes on a day to day basis. Types of Resources Each task on … [Read more...]
Determining Project Resources
Once the tasks within the project have been defined, the resources required by each task must be determined. To do this, we consult the PMBOK's Estimate Activity Resources process. PMBOK, 5th Edition, Section 6.4, "Estimate Activity Resources" Estimate Activity Resources is the process of estimating the type and quantities of material, human resources, equipment, … [Read more...]