Scheduling: Ten Things to Get Right, A Series

No.3 Assigning Resources to ALL Activities

Assigning resources to all activities in a project schedule is a critical step in project management. It is essential for ensuring that the project is completed on time, within budget, and to the satisfaction of all stakeholders. The Project Management Institute (PMI) and the Association for the Advancement of Cost Engineering International (AACEI) both emphasize the importance of resource management in project planning and execution.

The PMI defines resource management as the process of identifying, acquiring, and managing the resources needed to complete project activities. This includes not only the allocation of human resources, such as project team members, but also the allocation of equipment, materials, and other resources required to complete the project. The PMI also notes that resource management is closely tied to the project schedule, as resources must be assigned and managed in a way that ensures that project activities are completed on time.

One of the key benefits of assigning resources to all activities in a project schedule is that it helps to ensure that the project is completed on time. When resources are not properly assigned, project activities can be delayed, which can cause the entire project schedule to be pushed back. This can lead to increased costs, missed deadlines, and dissatisfaction among stakeholders. By assigning resources to all activities in a project schedule, project managers can ensure that the project is completed on time and within budget.

Another key benefit of assigning resources to all activities in a project schedule is that it helps to ensure that the project is completed to the satisfaction of all stakeholders. When resources are not properly assigned, project activities can be delayed, which can cause dissatisfaction among stakeholders. By assigning resources to all activities in a project schedule, project managers can ensure that project activities are completed on time and to the satisfaction of all stakeholders.

The AACEI emphasizes the importance of resource management in project cost management. They note that proper resource management is essential for ensuring that project costs are controlled and that the project is completed within budget. This includes not only the allocation of resources, but also the management of costs associated with those resources. By assigning resources to all activities in a project schedule, project managers can ensure that project costs are controlled and that the project is completed within budget.

The AACEI also notes that proper resource management is essential for ensuring that project risks are identified and managed. When resources are not properly assigned, project activities can be delayed, which can cause increased risks and potential project failure. By assigning resources to all activities in a project schedule, project managers can identify and manage risks associated with project activities.

In conclusion, assigning resources to all activities in a project schedule is a critical step in project management. It is essential for ensuring that the project is completed on time, within budget, and to the satisfaction of all stakeholders. Both the PMI and the AACEI emphasize the importance of resource management in project planning and execution. By assigning resources to all activities in a project schedule, project managers can ensure that project activities are completed on time, within budget, and to the satisfaction of all stakeholders. Additionally, project managers can identify and manage risks associated with project activities, leading to a successful project outcome.