When the project management team and or the project management team leader proceed to plan out the projects schedule and where each individual component of the project will lie along the project life cycle, there are often a number of factors that may play into exactly how the scheduling is going to play out. However, nearly all of the factors trace back to one common thread, and that commonality is the lack or abundance of resources. This is where the concept of the resource-limited schedule comes in. The resource-limited schedule is a project schedule whose schedule activities start dates, and finish dates directly reflect the availability of all resources in question. Typically, a resource-limited schedule will not have any start dates that are early or late. The concept of the resource-limited schedule can also be referred to in other settings as the resource-constrained schedule.
This term is defined in the 3rd edition of the PMBOK but not in the 4th.