Resources are absolutely essential for the project management team and or the project management team leader to have at their disposal if they hope to be able to successfully complete a project and attain a level of results that are considered satisfactory. However, in order to assure that the project management team and or the project management team leader are able to assess properly what exactly resources are. First of all, resources can consist of any and all groups or individual human staffing resources. In this instance, resources are specifically the people who can be allocated to the respective project or to the particular work element within the project, and whose time can be allocated accordingly. Resources can, however, also refer to any number of inanimate objects that may be utilized by the project management team and or the project management team leader in the management of the project, such as supplies, services, commodities, and budgets.

This term is defined in the 3rd and the 4th edition of the PMBOK.

Related Entries:

 

  • Resource Calendar Keeping track of schedules and time management is one of the most fundamentally important tasks that are the responsibility of...
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  • Resource Histogram The resource histogram is a tool that is often used by the project management team and or as a means...
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  • Resource Leveling When the project management team and or the project management team leader is attempting to create and or establish a...
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  • Resource Planning see activity resource estimating This term is defined in the 3rd edition of the PMBOK but not in the 4th....
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  • Resource Leveling One of the most difficult things in project management is making sure that work is allocated equally. The last thing...