Resource (project management)
Encyclopedia
In project management
terminology, resources are required to carry out the project
task
s. They can be people, equipment, facilities, funding
, or anything else capable of definition (usually other than labour) required for the completion of a project activity. The lack of a resource will therefore be a constraint on the completion of the project activity. Resources may be storable or non storable. Storable resources remain available unless depleted by usage, and may be replenished by project tasks which produce them. Non-storable resources must be renewed for each time period, even if not utilised in previous time periods.
Resource scheduling
, availability and optimisation are considered key to successful project management.
Allocation of limited resources is based on the priority given to each of the project activities. Their priority is calculated using the Critical path method
and heuristic analysis.
For a case with a constraint on the number of resources, the objective is to create the most efficient schedule possible - minimising project duration and maximising the use of the resources available.
Project management
Project management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end , undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value...
terminology, resources are required to carry out the project
Project
A project in business and science is typically defined as a collaborative enterprise, frequently involving research or design, that is carefully planned to achieve a particular aim. Projects can be further defined as temporary rather than permanent social systems that are constituted by teams...
task
Task (project management)
In project management a task is an activity that needs to be accomplished within a defined period of time. An assignment is a task under the responsibility of an assignee which should have a start and end date defined. One or more assignments on a task puts the task under execution. Completion of...
s. They can be people, equipment, facilities, funding
Funding
Funding is the act of providing resources, usually in form of money , or other values such as effort or time , for a project, a person, a business or any other private or public institutions...
, or anything else capable of definition (usually other than labour) required for the completion of a project activity. The lack of a resource will therefore be a constraint on the completion of the project activity. Resources may be storable or non storable. Storable resources remain available unless depleted by usage, and may be replenished by project tasks which produce them. Non-storable resources must be renewed for each time period, even if not utilised in previous time periods.
Resource scheduling
Scheduling (production processes)
Scheduling 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 minimize the production time and costs, by telling a production facility when to make, with which staff, and on...
, availability and optimisation are considered key to successful project management.
Allocation of limited resources is based on the priority given to each of the project activities. Their priority is calculated using the Critical path method
Critical path method
The critical path method is an algorithm for scheduling a set of project activities. It is an important tool for effective project management.-History:...
and heuristic analysis.
For a case with a constraint on the number of resources, the objective is to create the most efficient schedule possible - minimising project duration and maximising the use of the resources available.
See also
- Project managementProject managementProject management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end , undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value...
- List of project management software