Resource Allocation
Ramsha Ghaffar
3135-2016
Content
> Introduction
> Resources in project management
> Resource histogram
> Resource Over-allocation
> Techniques Of Resource Allocation
> Why we Need Effective Resource Allocation
> Reference
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1.
Introduction
What is Resource Allocation?
Introduction
> Resource allocation is the process of assigning
and scheduling resources to project tasks.
> Resources are the life blood of project
management.
> Resources are used to carry out the project, and
are returned to their owners if not consumed by
the project.
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2.
Resrouce In Project
Management
Resrouces In Project Management
Anything used up to execute the project
•Budget
•People
•Technology
•Time
•Space
•Tools
•Equipment and etc.
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3.
Resource histogram
Resource histogram
Resource histogram is specifically a bar chart that is used for
the purposes of displaying the specific amounts of time that a
particular resource is scheduled to be worked on over a
predetermined and specific time period.
they allow a quick and easy single page view of exactly what
resources are available, what resources are being utilized at the
present time (or at whatever time the project management team
is seeking information on), and how long those resources are
expected to be tied up.
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4.
Resoruce Over-Allocation
Resources Over-Allocation
> Resource over-allocation happens when assignments
of more tasks than your resources can handle or
reasonably complete within a standard eight hour
workweek are assigned.
> When a company has many projects, resource over-
allocation is a risk, especially if your resources are
small and involved in multiple tasks.
> When this happens, your projects may stall, come to
a complete stop or fail.
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5.
Techniques Of Resource
Allocation
Techiques to Avoid Resource
Over-Allocation
Techniques In Project Management
There are 6 Techniques to performing a proper resource
allocation and avoid Resource over-Allocation:
> Divide the Project into Tasks
> Assign the Resources
> Determine resource attributes
> Resource Leveling
> Re-allocate as necessary
> Track resource utilization
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1. Divide the Project into Tasks
In project management, the project is divided into tasks and
managed on a task, rather than a project, level. Resource
allocation is an integral component of this process because
each task is assigned the necessary resources, and
the resources are managed by task.
Once the project is successfully divided into tasks, the resources
can be assigned.
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[Link] the Resources
Each task requires resources in order to be successfully performed. As a minimum,
most tasks require a human resource to carry out some actions. Usually, the person
starts with some input materials which are used to produce an output.
Generally, there are five types of resources:
1. Labor
2. Equipment
3. Materials
4. Facilities
5. Miscellaneous
he resources are assigned to each task, so that the table looks like this:
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3. Determine Resource Attributes
Each resource comes with attributes (project manager lingo) which must
be sufficient to carry out the project work.
These attributes include:
1. Grade
2. Skill
3. Quality
4. Availability
5. Resource-Specific Attribute
1. Size
2. Shape
3. Color
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[Link] Leveling
Resource leveling is a technique in project management
that overlooks resource allocation and resolves possible
conflict arising from over-allocation.
When project managers undertake a project, they need
to plan their resources accordingly.
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Resource Levelling
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[Link]-allocate as Necessary
Resources are scarce. They sometimes do not
show up on time, are needed by other projects, or
lose their usefulness over time.
Many things can happen that require a shift of
resources from one task to another, or a change in
the project schedule or budget.
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[Link] Utilization Rates
> It is a surprisingly common occurrence that a
resource arrives at a project and sits idle for a long
period of time.
> It is equally common that project managers have no
idea that the resource is being paid for but not being
used.
> A simple solution is to track resource
utilization rates. The utilization rate is simply the
percentage of billable time
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[Link] Utilization Rates
Utilization Rate = Number of Billable Hours /
Number of Total Hours
For example,
if Bill worked 4 hours out of a possible 40 hours for
the week, his utilization rate is
4 / 40 = 10%.
Clearly this would suggest corrective action is
warranted on the part of the project manager.
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6.
Why You Need
Effective Resource
Allocation
Why We Need Effective Resource Allocation
• Maintain accurate time log
• Save money
• Boost productivity
• Improve time management
• Improve staff morale
• Predict the future project plan
• Manage team workload
• Strategic planning
• Eliminate risk
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References
> Hughes. B and Cotterell. M, Software Project
Management, 2nd Edition, McGraw Hill 1999.
> [Link]
management/11638-resource-allocation-do-you-
overwork-your-resources/
> [Link]
resource-allocation/
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Thanks!
Any questions?
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