Managing project resources is one of the critical management activities aimed at finding the balanced allocation and levelling of available project resources and optimizing resource utilization and consumption. The project resource management process focuses on planning, scheduling and allocating resources required for initiating and executing a project and its phases. Usually this process is successfully implemented with help of project resource management software which allows using spreadsheets, estimates, templates, to-do lists and reports to plan and utilize project resources.
What is Project Resource Management Software?
It is a computer program to simplify planning and using of resources by providing tools for achieving the balance between project resource requirements, schedules, availability, and optimization opportunities. Project resource management tools allow managing what, where and when a resource should be available and utilized to achieve the optimum project outcome.