The Purpose Of Resource Management Techniques Management Essay

Published Date: 23 Mar 2015

Resource management is the effective and efficient deploying tool for resource of organization in general study when they are needed. Financial resource, Inventory, skills of human, resources of production, or IT (Information technology) these such resource include all. Management of project, processes, techniques and philosophy as to its best approach for resource allocating developed by them in realm. Resource management include discussion on cross functional v/s functional allocation of resource, also organization espousing processes like the PMI(Project management Institute) through their PMBOK (Project management body of knowledge) to project management by these methodologies. For project human resource management and activity resource estimating, resource management is key element for both. For monitoring a project successfully and comprehensive project management plan to execute those both are essential components. This is the case with largest discipline of management of project, there are several software tools of resource management for automate and assisting the processes of allocation of resources to project & portfolio resource for visibility for supply and demand of resources.

Human resource management is the science for allocating human resource to the business units and various projects, this is also maximize the utilization of available personal resource for achieving business aims or goal, and perform the activities that are necessary for the maintenance of that workforce with the identification of staffing requirements, planning and payroll oversight and benefits, development of professional and education, and administering their needs of work life. Human resource management develop personal resource of organization’s efficiently and effectively where they needed and when they needed, and in the matter of the training, tools and required by the work.

Resource management techniques

Resource leveling is first resource management techniques. Its main aim is to smoothing the stock of resource on hand, reduce both excess of resource management which are shortage and inventories.

There is an requirement of data, like for the various resource it is the demand, forecasting by time period into the future as far as reasonable, and as well as resources configuration required in that demand, and the supplying of the resource, another time forecast by time period into the future as far as is reasonable.

Aim of achieving or goal is to achieve 100% utilization but it is unlikely, when subject to constraints and weighted by important metrics,

Example:- get a minimum service level, but otherwise minimizing cost.

Principle is to investing in resource as stored capability, after that unleash the capability as demanded.

Resource development dimension is included in resource management by which investments in resources can be retain by smaller additional investments in develop a new capabilities that is demanded, lower investment than disposing of the current resource and replacing this with another that has the demanded capability.

In general studies or in conversation, resource management is a set of practices pertaining to maintain natural systems integrity.

Example: - air resource management, forestry, water resource management and wildlife management, soil conversation etc...For this type of resource management, the broad term is NRM (natural resource management).

Que-2 Using examples, show how resource and time management techniques can help to develop a project plan.

Ans.:

Resource Management Techniques:-

Resource management technique is used to develop a project plan by providing resource to the project. Resource management techniques is the science for allocate resource to the commerce units and various projects plans, this is also maximize the utilization of available personal resource for achieving business aims or goal, and perform the activities that are necessary for the maintenance of that workforce with the identification of recruitment requirements, planning and payroll oversight and benefits, development of professional and education, and administering their needs of work life. Resource management technique develop personal resource of organization’s professionally and effectively where they needed and when they needed, and in the matter of the training, tools and required by the work.

There are many techniques work in project plan but resource leveling in resource management techniques is first used to level a project plan. Resource leveling is first resource management techniques. Its main aim is to smoothing the stock of resource on hand; reduce both excess of resource management which are shortage and inventories. This aim is planed for project planning because these techniques can help project to estimating.

There is an requirement of data, like for the various resource it is the demand, forecasting by time period into the future as far as reasonable, and as well as resources configuration required in that demand, and the supplying of the resource, another time forecast by time period into the future as far as is reasonable.

Aim of achieving or goal is to achieve 100% utilization but it is unlikely, when subject to constraints and weighted by important metrics,

Example:- get a minimum service level, but otherwise minimizing cost.

Principle is to investing in resource as stored capability, after that unleash the capability as demanded.

Resource growth dimension is included in resource management by which investments in resources can be retain by smaller additional investments in develop a new capabilities that is demanded, lower investment than disposing of the current resource and replacing this with another that has the demanded capabilities.

In general studies or in conversation, resource management is a set of practices pertaining to maintain natural systems integrity.

Example:- air resource management, forestry, water resource management and wildlife management, soil conversation etc...For this type of resource management, the broad term is NRM(natural resource management).

Time management techniques

Time management is most required for project plan. When working on specific project or task this technique is used to manage time. This techniques create large scope of activities, and this techniques include allocating of time, planning of time as per the project time period, and sets a goal in the sense of time management, its analyze the time spent in the project, also monitoring on project, scheduling of project is set by this techniques. Generally time management techniques referred to just business works or project plans activities. When two processes combined it’s become a time management system, that two processes are tools and techniques of time management.

First generation:

Reminders base on clocks and watches, but with computer implementation probable; can be used to alert a person when a task is to be done.

Second generation:

Planning and training based on calendar and appointment books; includes setting goals.

Third generation:

Planning, prioritizing, controlling (using a personal organizer, other paper-based objects, or computer or PDA-based systems) activities on a daily basis. This approach implies spending some time in clarifying values and priorities.

Fourth generation:

Being efficient and proactive using any of the above tools; places goals and roles as the controlling element of the system and favors importance over urgency.