Project Management Activities

Estimating resources

To carry out the project tasks in project management resources play a vital role. They may include people, equipment, facilities, finance or anything else required for the completion of a project activity. The lack of a resource will therefore effect the completion of the project activity successfully. Resources may be storable or non storable.

Since it is clear that resources are very essential, planning or estimation of resources is needed. It includes determining the quantity and quality of resources needed for a project activity.

Key to successful project management is resource scheduling, availability and optimization

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