Category: Resource Management

The advent of collaborative technologies has made it easy to connect and communicate with individuals worldwide, and project management is no exception in this journey. Whether working for an international client or with an overseas partner division or department, global project delivery has gained significant momentum and is here to stay. However, managing these projects…

As a resource manager, you must be familiar with the struggles of fulfilling multiple projects demands at once. This ordeal is mainly due to the various resource constraints faced during the allocation process. But what is a resource constraint? It is a limitation or risk related to the resources in a project, such as shortages,…

What are the responsibilities of a resource manager? The most common answers will range from resource planning, competent allocation to maintaining the resources’ billability. Sure, these are true. Resource managers around the world perform these similar functions. However, all these duties are easier said than done. In today’s business landscape replete with complex matrix organizations,…

People often misconstrue the duties of a resource manager and a human resource manager and use these job titles interchangeably. However, there is a significant difference in their roles and responsibilities. A resource manager ensures the billability of resources across the enterprise, whereas a human resource manager streamlines hiring and nurtures talent based on the…

Human resources are the foundation of every successful business. They are the ones who keep the company running and bring in the desired revenue. Therefore, managing them efficiently and effectively is crucial for business profitability and sustainability. Especially in a project-centric organization like professional services, intelligent use of resources is crucial to generate ROI. Resource…

Many times, individuals misconstrue the difference between Resource Management and Project Management. Resource Management is often assumed as a byproduct of Project Management. Many consultants also believe that all resource management issues are addressed by rolling up the resource allocation details within a project management tool. Resource management is a separate discipline that complements project…

Organizations and their project management offices (PMOs) follow different strategies to manage resources across multiple projects. When the project resource plan is developed based on the project scope, complexity, and project financials, it becomes a challenge when managers have multiple projects to execute at the same time. Having the right resources for the right projects…

The strength of any organization lies in its human resources. They are, after all, the most significant investment for all businesses. Organizations spend significant time and effort in hiring high-quality resources. They must be used to their fullest capability to get the best possible outcome. The principles of resource management address the effective utilization of…

The world market is becoming increasingly competitive and unpredictable for one reason or the other. In such an era of uncertainties, companies need to manage their resources efficiently as they are the most significant investment. Most of these firms are still fighting the challenges of the 2020s using tools developed in the 1990s. They are…