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Tag Archives: resource allocation

Contingency Reserve and Management Reserve

Let’s say you are going to a friend’s house, and you expect it to take about an hour to get there. In your city; however, traffic is known to cause delays. If a traffic jam occurs, it will impact your arrival time. You’ve informed your friend about the possibility of delay—say by 20 to 30…

Resource Management: Lost in the Woods? Here is Your Way Out

Resource management is a complex subject. There are many aspects to resource management using Project Server or Project Online. Just look at this course from ProjectPro Corp that outlines those aspects: https://projectprocorp.com/pages/managing-resources-with-project-server-2016. Capacity planning, demand management, balancing, allocation, optimizing and leveling. These are just some of the terms that you need to be aware of…

Resource Leveling: Problem Indicators

Who doesn’t like a good mystery movie? They’re chockful of timelines, inter-related events and lots of clues that, when understood, help the viewer arrive at a solution. These same attributes can also describe an uncooperative project schedule. But while a good mystery is entertaining and goes great with popcorn, a project schedule that won’t schedule…

3 Steps for Better Resource Management

Several project management offices (PMOs) have asked for our help when they needed to manage resources effectively on both the project level and the portfolio level. To better manage resources, organizations need to look at their resource requirements in a defined order: 1) strategically, 2) tactically and 3) operationally. By homing in on these elements,…

Resource Management: Maintain a Balanced Team

Project Management Institute (PMI)® Professional Development Units (PDUs): This Webinar is eligible for 1 PMI® PDU in the Leadership category of the Talent Triangle. Event Description: Are your Project team resources working on more than one project? Is their workload being managed? Are they over allocated? For a project to be successful (and to keep resources…

2 Ways to Manage Resource Availability in Microsoft Project

When starting to plan the development of a new project, one important task for the project manager is to identify the roles and responsibilities required to deliver the project based upon the agreed scope. You also will need to have a clear understanding of the availability of the resources that play roles throughout the project…

TPG – The Project Group – PortfolioPlanner

TPG PortfolioPlanner: portfolio planning with optimal resource utilization Product Summary: This product allows you to aggregate the resource and budget allocations for potential and ongoing projects on the project level. Each project is shown as a task in a Microsoft Project Gantt chart. Graphical simulations allow manual optimization of resource utilization by simply moving the…

TPG – The Project Group – TeamManager

TPG TeamManager: resource planning for line managers made simple Product Summary: This SharePoint app is a tool for managers engaged in resource planning for multiple team members and departments. It graphically shows the planned workload of each employee. Integrated with Project Server you can efficiently match resource requests from projects with employee assignments in the…

UMT360 – UMT360 Financials

UMT360 Financials is produced by UMT360. Product Summary: UMT360 Financials provides many financial breakdowns in order to deliver enterprise project management functionality into the organization. Capabilities: Users can create or define workflows, budget and investment controls Allocation center provides various breakdowns for funding allocations, approvals, and metrics The software delivers enhanced reporting and analytics features Have experience using this software?…

Finally, Resource Leveling Explained

You have a project with several tasks and resources assigned to those tasks. Some resources are assigned to multiple tasks, resulting in over-allocated resources. Resource leveling is the act of taking a resource-loaded schedule and making it so that those people don’t have to work overtime. The main goal is to have a critical path that is corrected…

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