Meet the Resource Management Model (Part 1)

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Meet the Resource Management Model (Part 1)

by Andrew Makar

May 14, 2007


According to PMBOK, resource management includes the processes required to effectively manage people in a project. Organizational planning, staff acquisition and team development processes can help individual projects, programs or entire organizations manage a portfolio of projects.
 
Organizations lacking a resource management process struggle managing project demand with capacity. Organizations frequently find themselves accepting additional projects without the sufficient resources required to deliver the work pipeline. Adding additional work without considering the resource allocation results in poor project delivery, low quality and higher stress levels. Occasionally, project teams will spend extra effort to launch a project or complete a major phase; however, pushing project teams to deliver projects without sufficient resources is not sustainable.
 
Applying a resource management model to manage the resources and projects in the portfolio is an effective approach to assess the impact of adding new projects to the portfolio.



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