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In project oriented firms there is much more uncertainty about the timing of resource needs since the resources primarily move between projects rather than moving between projects and a functional department.

Therefore, extra resource capacity is needed as a buffer given the greater level of uncertainty present.

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Explain why project oriented firms require excess resource capacity?

In project oriented firms there is much more uncertainty about the timing of resource needs since the resources primarily move between projects rather than moving between projects and a functional department. Therefore, extra resource capacity is needed as a buffer given the greater level of uncertainty present.


What is involved in resource management?

The term resource management basically explains what is involved. There are a variety of things that require resource management such as Human Resource Management. This pertains to the management of resources such as staff, conduct, job descriptions and duties as well as a number of other things included in the management of various resources.


How do you write human resource planning?

Now a days the human beings are very very important resources for the companies, how the finances, assets, raw material etc. how they are important in the same way even more than that the human beings are important, the human beings are considered as the important resources of the company, the HRP, human resources planning, depends upon the human resources manager, he should correclty plan for the human resources, how many employees must required by the company, and what is their tenure, if the employees leaves the company before his tenure,than what should he do? how many seniors he require to run the company? how many trained employees require? how many freshers required? all these things should be viewed by the human resources manager, than only he can make a perfect HRP. Even he should assess what is the capacity of the company, HRP depends on all these things.


What are the characteristics of strategic decisions?

Strategic decisions are characterized by their long-term impact on an organization, often involving significant resource allocation and influencing the overall direction of the company. They are typically made at higher management levels and require comprehensive analysis, considering both internal capabilities and external market conditions. These decisions involve uncertainty and risk, necessitating a focus on future trends and competitive positioning. Additionally, strategic decisions often require alignment with the organization's mission and vision.


What are the advantages and disadvantages of material resource planning?

Material Resource Planning (MRP) offers several advantages, including improved inventory management, enhanced production scheduling, and better alignment of supply with demand, which can lead to cost savings and increased efficiency. However, its disadvantages include the reliance on accurate data inputs, which can lead to issues if the data is flawed, and its complexity, which may require specialized training for staff. Additionally, MRP systems can be inflexible and may struggle to adapt to unexpected changes in demand or supply chain disruptions.

Related Questions

Explain why project oriented firms require excess resource capacity?

In project oriented firms there is much more uncertainty about the timing of resource needs since the resources primarily move between projects rather than moving between projects and a functional department. Therefore, extra resource capacity is needed as a buffer given the greater level of uncertainty present.


How many quarts of transmission oil do you need for 2005 dodge stratus?

Total capacity is about 9 quarts. Filter service will require about 5.Total capacity is about 9 quarts. Filter service will require about 5.


Why do we require the Microsoft paint?

Why do we require the Microsoft paint ? Explain the tools options in the paint l


What is a lack of a particular resource?

A lack of a particular resource refers to a situation where there is an insufficient quantity or absence of that specific resource to meet the demand or needs. This can lead to challenges or limitations in carrying out activities or achieving goals that require that resource.


Education to be a human resource manager?

Human resource managers study business management. Their curriculums also require special coursework in human resource management. They can also get special certificates in their discipline.


Which of the five Cs of credit require that a person's assets exceed his or her liabilities?

capacity


Are solar panels renewable resource?

solar energy is renewable resource that is sustainable and totally inexhaustible The power created is renewable. the panels require manufacture as do the cables and if applicablethe storage units . All of which require fossile fuel to create. In addition there is a maintenance issue to thses taht does occasionally require manufactured parts to be replaed. This is in the marjority offset by the clean energy created. Therefore the output of the opanel is "the renewable resource".


What is the approximate carrying capacity for this species under the given conditions and how long does it take to get to the carrying capacity?

The approximate carrying capacity for a species depends on various factors, including resource availability, environmental conditions, and inter-species competition. Under optimal conditions, the carrying capacity can often be estimated using population growth models and ecological studies. The time it takes to reach this carrying capacity can vary widely, typically ranging from a few generations to several years, depending on the species' reproductive rates and environmental factors. Accurate estimates require specific data on the species and ecosystem in question.


What kind of boats require a capacity plate?

sub marine, under surface , sport


What sports have a large lung capacity?

swimming and track running both require a large lung capacity as does singing


What is involved in resource management?

The term resource management basically explains what is involved. There are a variety of things that require resource management such as Human Resource Management. This pertains to the management of resources such as staff, conduct, job descriptions and duties as well as a number of other things included in the management of various resources.


Which term could be used to exlain why metal heats up faster than water?

The term "specific heat capacity" can explain why metal heats up faster than water. Specific heat capacity refers to the amount of heat required to raise the temperature of a substance by a given amount. Metals generally have a lower specific heat capacity compared to water, meaning they require less energy to increase their temperature, allowing them to heat up more quickly.

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