Project managers need to understand what resources a project needs and what resources the project already has before developing accurate project plans. An over-resourced project wastes time, those with too few resources risk missing critical milestones, and those that use the wrong resources won’t meet expectations. Whether the project is developing a new software feature or the construction of a new building, resource planning directly contributes to the project’s end result. Managing projects requires managing resources. Resource management is an essential project management process and a core activity of human resource management - from large enterprise to small startups.
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