answersLogoWhite

0

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. Both are essential components of a comprehensive project management plan to execute and monitor a project successfully.[1][2] As is the case with the larger discipline of project management, there are resource management software tools available that automate and assist the process of resource allocation to projects and portfolio resource transparency including supply and demand of resources.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Why people are the most important organizational resource?

the most important organisational resource is the people.


Why Are People are the most important organizational resource?

the most important organisational resource is the people.


A new management profile where manager take into cognizance the fact that organisational competitivness is linked to human resource competence was sugested by whoom?

Roetting (1995)


What are the six components of a Customer Service environment?

The six components are Organisational Culture, Service, Human Resource, Delivery Systems, Products/ Deliverables, and Customer.


What is managing resource?

Resource management is an ambiguous expression. In geography and environmental sciences it refers to natural resource management. But in organisation studies and planning it is more familair as the management of human and other resources for organisational aims. In New Zealand, its has become synonymous with environmental planning since the institution of the Resource Management Act of 1991.


What is boots organisational structure?

What is boots organisational structure?


What does organisational influence mean on a application form?

organisational influence


What is Primarks organisational structure?

primark's organisational structure is Alisha Alman Mansaray


What are different types of organization in organisational behavior?

What are different types of organization in organisational behavior?"


You want a organisational structure of wipro?

yes i want an organisational chart of wipro company


What are the three behavioral outcomes studied in organisational behaviour?

Organisational structure, work and absenteeism


Could you list out Various dimensions and determinants of organisational climate and there relevance in organisational functioning?

kbmmcnjbn