Question

How to use resources

Answer 1

Answer:

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MARK ME AS BRAINLIEST

Answer 2

Answer:

mark as branliest

Explanation:

Planning is important when it comes to being efficient. Time is money and it is best to plan for effective resource management from the very beginning of projects. When starting a project, planning should be first on your to-do list. It is via planning that you will be able to fully gauge the types and amount of resources you will be requiring. Many projects fail because businesses end up investing in too many or too few resources.

After figuring out what you will need, you can then plan their use by dividing the project up into stages.

Identify resources that are needed for completion of the project. Add to the list any resources you will be requiring, whether it is in the first stage of completion or the last.

Analyse and put up an estimate of the time each resource needs and its role in completion of a particular task.

Go through the outline of the entire project and ensure that no resource is left out.

Finalise the list of resources and their details before the project can officially begin. It is essential to have the list ready for everyone to see so that the details are clear in everyone’s minds and the risks of confusion are reduced.

2. Take a Systematic Approach

One of the most effective ways of using resources and minimising their use at work when possible is by adopting a systematic approach. This can be achieved by:

Setting a baseline – Using your previous performance as a base for improvement will help pave the path for productivity.

Benchmarking your performance – Comparing your own performance against that of similar companies (preferably your competitors).

Forming an action strategy – Once the prospective improvements have been highlighted, it is time to form an action scheme about how to accomplish them.

Fixing targets and responsibilities – While setting targets ensure that they are achievable in the allocated time by the employees.

Observing and reporting – Set up reporting procedures and measure your performance at regular intervals to ensure that you are on track.

Reviewing actions and performance – This step will ensure that you keep learning and improving.

3. Use Technology Where Possible

The use of technology goes a long way in speeding and easing up processes significantly. Any feature of the project that can be completed using technology should be automated. This will in turn minimise the risk of mistakes occurring and free up manpower that can then be reallocated to other projects.

Using technology ensures efficient allocation of resources. There is less wastage and more effective usage of resources. Technology will show you exactly what’s needed so you use specific resources, leaving others free to be utilised for the completion of other projects.

The implementation of automated procedures will revolutionise the running of projects and provide a more streamlined approach to resource planning and management. Any automated processes must be initially tried and tested to ensure that there are no glitches, as slip-ups will add a heavy cost down the road.

The balance between technology and resource management is a key part of business development. The use of technology will make the running of the company much more efficient and allow several projects to run at the same time due to the resources that free up when technology is used instead of the assets.

4. Use Resource Management Software

Resource management software is a useful tool to significantly enhance the operations of your business. Invest in resource management software that offers a long list of features tailored to boost resource management and improve the overall performance and productivity