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8.9: Key Takeaways

  • Page ID
    91966
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    Key Takeaways

    • Resource management is the efficient and effective deployment of an organization’s resources when they are needed. These resources can be classified as human resources, physical resources, and services.
    • Planning resource management is the process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project resources.
    • Resource Breakdown Structure helps the team to illustrate the resource needs in a hierarchical structure.
    • The techniques to estimate the resources are expert judgment, alternative analysis, analogous estimating, and bottom-up estimating.
    • Allocation of the resources to the project activities is called “Resource Loading”.
    • Resource leveling is used to examine the unbalanced use of resources (usually people or equipment) over time and for resolving overallocation or conflicts.
    • Schedule compression techniques such as crashing and fast-tracking are utilized to accelerate the project.

     

     

    This page titled 8.9: Key Takeaways is shared under a CC BY-NC 4.0 license and was authored, remixed, and/or curated by Abdullah Oguz (MSL Academic Endeavors) .

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