For managing the project proper planning, task scheduling, collaborating resources, and estimating the project budget are must required components. And we always try to upskill our readers to focus on these things to achieve their project goals.
The analytical figure of Project Management Institute (PMI) shows organizations with a proper project management structure having 38% greater success rates compared to the organizations that are not following any methodology.
Well, it was about the initial state of project management.
The second stage is the “Execution Phase” and it can’t be completed without the help of a team.
The team or your resources execute the task things following the project management methodology with the help of the team leader or project manager. We call it proper work management.
Read the full article at Orangescrum blog
Resource Management is centered around the principle of maximizing return on investment.
It is a very strategic arm of the business as a whole.
Because resources are essentially costs and the more you manage to keep costs down, the more profit you derive out of your projects.Similarly the tactical aspects of resource management involvegreater productivitytimely completion of initiativesallocating resources to the most profitable venturesminimizing bench pool to zeroprevent conflicts and chaosdelivering services and support optimallyIn summary, Resource Management is doing more with less.
It is about effectively planning the optimal utilization of your resources to obtain maximum efficiency Read the full article at Orangescrum Blog
