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These include discussions on functional vs. cross-functional resource allocation as well as processes espoused by organizations like the Project Management Institute (PMI) through their Project Management Body of Knowledge (PMBOK) methodology of project management. Resource management is a key element to activity resource estimating and project ...
This is called "Resource Allocation" in VDM. It is not about the consumption of resources, because that is already covered in the Cost Control value driver. Within VDM, a distinction is made between four types of resources: technicians, spare parts, contractors and knowledge.
In the context of an entire economy, resources can be allocated by various means, such as markets, or planning. In project management, resource allocation or resource management is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time. [1]
Scheduling is used to allocate plant and machinery resources, plan human resources, plan production processes and purchase materials. It is an important tool for manufacturing and engineering, where it can have a major impact on the productivity of a process. In manufacturing, the purpose of scheduling is to keep due dates of customers and then ...
Project workforce management is the practice of combining the coordination of all logistic elements of a project through a single software application (or workflow engine). This includes planning and tracking of schedules and mileposts, cost and revenue, resource allocation, as well as overall management of these project elements.
It has been noted that improvements in resource efficiency can occur at production, consumption, and end of product life stages. [2] Resource efficiency measures, methods, and aims are quite similar to those of resource productivity/resource intensity and of the slightly more environmentally-inclined concept of ecological efficiency/eco-efficiency.
[2]: 185 Thus, while resource leveling can be considered a constraint in order to adjust with certain resource supply limitation, for example, not to over-work some human resources, resource smoothing can be considered a useful method to solve the problem of a more flexible constraint if time of a deadline is a stronger constraint. [3] [4]
In project management, resources are required to carry out the project tasks. These can be people, equipment, facilities, funding, or anything else capable of definition (usually other than labour) required for the completion of a project activity. [1] The lack of a resource can therefore be a constraint on the completion of the project activity.