Category: Featured Topics
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Project Resource Management: An Ultimate Guide on how to master it
Resources are the largest contributor to successful project delivery, and project managers spend significant time planning and managing their activities. Both resource and project managers work in tandem to develop resourcing strategies for projects. The project manager estimates the resource requirement and creates open positions that get fulfilled by the resource manager. Once deployed, the…
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Resource Management: A Comprehensive Handbook for Project Managers
1. What is Resource Management? Resource management manages business resources efficiently and effectively to get the best value out of them. These resources can be human resources, assets, facilities, equipment, etc. Efficient management process centralizes the data into a single repository and provides a single version of the truth. The components include resource scheduling, resource…
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Resource Forecasting Guide for Project Managers
Managing resources in professional services firms is crucial for maintaining sustainability and achieving anticipated employee performance goals. Without the right tools and techniques, many resource managers rely on approximation and guesswork. In the dynamic business environment, businesses need accurate estimations for timely decision-making and futureproofing workforce against market volatilities. It helps managers answer questions like: Do…
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The Definitive Guide to Resource Scheduling
Resources are the most significant investment for most businesses. A business must utilize its resources most efficiently and intelligently when facing a highly competitive and volatile global market. Many project-intensive businesses use either silos of spreadsheets or some home-grown tools for scheduling their resources. These solutions are incredibly limiting, time-consuming, and hard to maintain. It creates double bookings, over/underutilized resources, undesirable hiring/firing, low staff morale, improper…
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What is Resource Planning and why is it Important?
Resources are one of the most high-priced investments for a firm. With market volatility causing constraints of skilled resources, it’s imperative to undergo resource planning and utilize the workforce to their maximum potential. Efficient resource management includes smart resource planning, appropriate scheduling, and ensuring employee engagement and satisfaction levels for a healthy business environment. When resource managers…