PROJECT MANAGEMENT November 15, 2022

PMBOK: Project Resource

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PMBOK: Project Resource

Project Resource is an essential aspect of project management, as it determines the inputs required to complete a project and the people and materials needed to execute the project. Project Resource Management involves the processes that are used to ensure that the resources needed for a project are obtained and managed effectively. The Project Management Body of Knowledge (PMBOK) outlines five core processes involved in Project Resource Management: Plan Resource Management, Estimate Activity Resources, Acquire Project Team, Develop Project Team, and Manage Project Team.

Plan Resource Management

The process of Plan Resource Management is concerned with establishing the policies, procedures, and documentation for managing all of the resources required for a project. This includes defining the roles, responsibilities, and skill sets required for each resource, as well as establishing schedules and budgets for acquiring those resources. The following items should be considered when planning resources:

  • Assessing resource requirements
  • Identifying available resources
  • Allocating resources
  • Developing resource calendars
  • Forecasting resource utilization

“Effective resource planning is crucial to the success of a project. It ensures that the right people and materials are in place when they are needed.”

An important tool used in planning resources is the Gantt chart, which provides a visual representation of the project schedule and the resources assigned to each task. Online Gantt chart software such as GanttPRO, Microsoft Project, Wrike, ClickUp, Monday.com, Smartsheet and similar Gantt chart software can make resource planning much easier by automating many of the manual processes involved.

Estimate Activity Resources

The process of Estimating Activity Resources involves determining the type and quantity of resources required for each activity in the project. This information is used to develop an accurate project budget. The following steps should be taken when estimating resources:

  • Identifying the activities that require resources
  • Determining the type and quantity of resources needed for each activity
  • Assigning resources to activities
  • Updating the project schedule

“Accurate resource estimation is critical to the success of a project. It helps to ensure that adequate resources are available when they are needed, and that the project stays within budget.”

It is important to note that resource estimation is always a best guess and is subject to change. As the project progresses and more information becomes available, the resource estimates may need to be revised.

Acquiring Project Team

The process of Acquiring Project Team involves obtaining the human resources required for the project. This may involve hiring new employees, contracting out work to external vendors, or using existing employees from within the organization. The following factors should be considered when acquiring a project team:

  • Identifying the skills and experience required for each role
  • Determining the availability of internal resources
  • Evaluating external vendor options
  • Negotiating contracts and agreements
  • Ensuring that team members have the necessary equipment and tools to perform their work.

“Acquiring the right project team is essential to the success of a project. It is important to ensure that team members have the necessary skills and experience to perform their work effectively.”

When acquiring a project team, it is also important to consider any legal or regulatory requirements that may impact the selection process.

Develop Project Team

The process of Developing Project Team involves creating a positive working environment that allows team members to perform at their best. This may include providing training and development opportunities, setting performance goals, and establishing clear lines of communication. The following steps should be taken when developing a project team:

  • Providing training and development opportunities
  • Setting performance goals
  • Encouraging teamwork and collaboration
  • Establishing clear lines of communication
  • Recognizing and rewarding team members for their achievements

“A well-developed project team is essential to the success of a project. By providing team members with the support and resources they need to perform at their best, you can help to ensure that the project is completed on time and within budget.”

It is important to remember that the development of a project team is an ongoing process that continues throughout the life of the project.

Manage Project Team

The process of Managing Project Team involves monitoring the performance of team members, providing feedback and guidance, and taking corrective action as needed. The following steps should be taken when managing a project team:

  • Monitoring team performance
  • Providing feedback and guidance
  • Resolving conflicts and issues
  • Motivating team members
  • Taking corrective action

“Effective team management is critical to the success of a project. By monitoring team performance, providing feedback and guidance, and taking corrective action, you can help to ensure that the project stays on track and that team members are motivated and engaged.”

It is important to remember that team management is an ongoing process that requires constant attention and effort. Regular check-ins with team members, regular performance review meetings, and regular one-on-one discussions are all important components of effective team management.

In conclusion, Project Resource Management is a critical aspect of project management that involves the processes used to ensure that the resources needed for a project are obtained and managed effectively. From the five core processes outlined in the PMBOK, it is clear that effective resource management requires careful planning, accurate estimation, effective acquiring, developing and managing of project teams. By following these processes, you can help to ensure that your projects are completed on time, within budget, and with high-quality results.

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