What is project resource management?
Channel | Publish Date | Thumbnail & View Count | Download Video |
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Institute of Project Management | 2023-06-15 21:00:01 | 160 Views |
Project resource management is an essential aspect of project management that involves the effective and efficient planning, procurement, and utilization of the resources required to achieve project objectives. It includes identifying and analyzing resource requirements, estimating resource quantity and duration, sourcing and allocating resources, and monitoring and controlling resource utilization throughout the project life cycle. The goal of project resource management is to ensure that the right resources, including personnel, equipment, materials, and facilities, are available at the right time and in the right quantities to support project activities and outcomes. Effective resource management helps optimize project performance, minimize risks, and maximize project outcomes.
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