Resource (project management)
In project management, resources are required to carry out the project tasks. 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 used in previous time periods.
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.
- "What is resource management? | Project, Programme and Portfolio". www.apm.org.uk. 2016-06-01. Retrieved 2019-04-01.
- "Project Management Basics: Resource Management". www.projectinsight.net. Retrieved 2019-04-01.
- "Resource Planning in Project Management: Tips for Organizing Your Teams". teamdeck.io. 2018-10-23. Retrieved 2019-04-01.
- "What is the Critical Path?". 2020 Project Management. Retrieved 2019-04-01.
- "Show the critical path of your project". support.office.com. Retrieved 2019-04-01.