Resource utilization is a metric that measures the uptime of a project resource. It is one of the most important business metrics for service companies such as engineering, software, or consulting firms. But even non-service companies can benefit from the calculation and tracking of the utilization rate. It is a very simple metric that speaks volumes of … [Read more...]
Resource management is the effective utilization of an organization's resources to accomplish a given task or project. In project management, resource management is one of the most important skills of a project manager. Because a project has a fixed (usually) schedule and budget, the utilization of the project's resources can play an integral role in the success of the … [Read more...]
