Question

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ᴡʜᴀᴛ ɪs ᴛʜᴇ ɪᴍᴘᴏʀᴛᴀɴᴄᴇ ᴏғ ʀᴇsᴏᴜʀᴄᴇ ᴍᴀɴᴀɢᴇᴍᴇɴᴛ?


❌spamz❌​

Answer 1

What is resource management?

A resource is anything that is needed to execute a task or project — this can be the skill sets of employees or the adoption of software. For example, if you’re planning an event, a few resources include scheduling out staff for the event, planning what vendors to use for promotional materials, investing software that allows attendees to register, and budgeting for everything from giveaways to catering.

Why is effective resource management important?

Resource management as part ofproject management is all about doing more with less. Nobody likes waste, especially in business. Resource management is centered around optimization and efficiency. When you know what you need to make a project successful, you can effectively understand how to plan resources in an efficient way.

To some companies, optimum efficiency is so important that they hire someone solely devoted to resource management; also known as a resource manager. What does a resource manager do? While project managers are responsible for creating and assigning tasks to get the project done, resource managers are accountable for allocating the resources needed to make the project a success.

What are the advantages to resource management?

• Avoids unforeseen hiccups: By understanding your resources upfront and planning how to use them,  you can troubleshoot gaps or problems before they happen.

• Prevents burnout: Effective resource management allows you to avoid “overallocation” or “dependency” of resources by gaining insight into your team’s workload.

• Provides a safety net: Let’s say the project was not successful due to lack of resources (it happens). Resource planning and management establishes that you did everything you could with what you had.

• Builds transparency: Other teams can gain visibility into your team’s bandwidth, and plan accordingly if your team is at maximum capacity or available to take on new projects. 

• Measures efficiency: With a high-level understanding of what’s needed to manage and execute an upcoming project, you can effectively plan and measure ROI.

❤❤☺️Hope it helps you☺️❤❤

Answer 2

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Resource management is the process of pre-planning, scheduling, and allocating your resources to maximize efficiency. A resource is anything that is needed to execute a task or project — this can be the skill sets of employees or the adoption of software.

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