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A dimension of resource development is included in resource management by which investment in resources can be retained by a smaller additional investment to develop a new capability that is demanded, at a lower investment than disposing of the current resource and replacing it with another that has the demanded capability.
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]
In project management, the resource breakdown structure (RBS) is a hierarchical list of resources related by function and resource type that is used to facilitate planning and controlling of project work. [1] The Resource Breakdown Structure includes, at a minimum, the personnel resources needed for successful completion of a project, and ...
Sustainable development is a pattern of resource use, that aims to meet human needs while preserving the environment. [1] Sustainable development means that we should exploit our resources carefully to meet our present requirement without compromising the ability of future generations to meet their own needs.
These means includes possessing the resource (e.g. directly possessing knowledge), having ownership rights over the resource enforced by legal and social systems, [11] being part of the resource allocation process (e.g. a secretary can determine who access the boss) or being a user of the resource (e.g. workers can slow down production process ...
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.
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Resource mobilization is the process of getting resources from the resource provider, using different mechanisms, to implement an organization's predetermined goals. [1] It is a theory that is used in the study of social movements and argues that the success of social movements depends on resources (time, money, skills, etc.) and the ability to use them.