Resource management is a crucial aspect of the execution phase of a project. It involves the efficient and effective deployment and allocation of resources such as manpower, materials, and equipment. This ensures that the right resources are available at the right time and place to meet project requirements. It also includes monitoring resource usage to avoid overuse or underuse, and making adjustments as necessary to keep the project on track.
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Planning Phase – this phase requires creating a task list, making a budget, developing a risk management plan, building a project schedule and assigning tasks. Execution Phase – includes task, time, cost, quality, change, procurement and resource management, collaboration, monitoring, control and reporting. Closing Phase – the last phase of the project management deals with deliverables transfer, completion confirmation, documentation review, resources release and post-mortem.