Resource management is the process by which businesses manage their various resources effectively.Those resources can be intangible – people and time – and tangible – equipment, materials, and finances.
Resource management is the process by which businesses manage their various resources effectively. Those resources can be intangible – people and time – and tangible – equipment, materials, and finances.It involves planning so that the right resources are assigned to the right tasks. Managing resources involves schedules and budgets for people, projects, equipment, and supplies.
Resource Management (RM) is still a nascent discipline by comparison. Finding skilled resource managers, documented commercial RM methodologies, enabling tools and other related needs is not always easy. The narrow functional footprint of teams managing RM is normally quite small relative to the overall delivery teams they support.
It starts by knowing what and where the capability and capacity of your delivery team is and keeping this information current and accurate. The skills inventory is ideally enterprise wide, enabling better access to the right talent across the organization.