Question

How resources can be used judiciously?
Suggest any 5 ways.

Answer 1

In organizational studies, resource management is the efficient and effective deployment of an organization's resources when they are needed. Such resources may include financial resources, inventory, human skills, production resources, or information technology (IT). In the realm of project management, processes, techniques and philosophies as to the best approach for allocating resources have been developed. These include discussions on functional vs. cross-functional resource allocation as well as processes espoused by organizations like the Project Management Institute (PMI) through their Project Management Body of Knowledge (PMBOK) methodology of project management. Resource management is a key element to activity resource estimating and project human resource management.

Answer 2

1. resource planning
2. awareness
3. management of resources
4. use power saving devices
5. use public transport
6. optimum use of resources

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