We have discussed resource allocation and resource leveling and the purpose and
ID: 2384950 • Letter: W
Question
We have discussed resource allocation and resource leveling and the purpose and benefits of each. We have all been associated with projects with resource issues. As project managers, we are responsible for resolving these issues. Remember, resources are human, capital, monetary, and otherwise. If you can name it, it may be a resource.(a) Define resource allocation and resource leveling and describe the difference between them.
(b) Describe 5 of the many benefits to resource leveling.
Format your answer in sections in accordance with the parts of the question above.
Explanation / Answer
a.definition-Resource allocation is used to assign the available resources in an economic way. It is part of resource management. In project management, resource allocation is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time Resource allocation refers to setting aside resources. Resource utilization refers to how resources are used. b.Resource leveling is a project management technique used to examine unbalanced use of resources (usually people or equipment) over time, and for resolving over-allocations or conflicts. BENEFITS- 1.used to balance the workload of primary resources over the course of the project[s], usually at the expense of one of the traditional triple constraints (time, cost, scope). 2.resolving conflicts or over allocations in the project plan by allowing the software to calculate delays and update tasks automatically. 3.could result in a later project finish date if the tasks affected are in the critical path. 4.useful in the world of maintenance management. Many organizations have maintenance backlogs. 5.examine unbalanced use of resources (usually people or equipment) over time, and for resolving over-allocations or conflicts. hope it helps.plzz rate.thank you
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