What is Resource Management?

Resource management is the efficient and effective deployment of an organization’s resources (financial resources, inventory, human skills, production resources, or information technology) as needed. 

Resource management is a key element to activity resource estimating and project human resource management. 

What is Human Resource Planning

Procuring and coordinating these human resources, in tandem with managing the time aspect of the project, is critical to overall success.

The project usually has two types of team members: 

• Functional managers - The functional managers and team focus on the technology of the project. 
• Process managers - The project controls team would include process managers who have expertise in estimating, cost tracking, planning, and scheduling. 

The project manager needs functional and process expertise to plan and execute a successful project.

The staffing plan is also determined by the different phases of the project. 

Employee performance includes the employee’s work results such as:

• Quality and quantity of outputs
• Work behavior (such as punctuality)
• Job-related attributes (such as cooperation and initiative)

What is Resource Leveling?

Resource leveling - Aims at smoothing the stock of resources on hand, reducing both excess inventories and shortages.

The required data are the demands for various resources, forecast by time period into the future as far as is reasonable; the resources’ configurations required in those demands; and the supply of the resources, again forecast by time period into the future as far as is reasonable.

The goal is to achieve 100% utilization. 

Resource leveling is used to examine unbalanced use of resources (usually people or equipment) over time and for resolving over-allocations or conflicts.

When performing project planning activities, the manager will attempt to schedule certain tasks simultaneously. When more resources such as machines or people are needed than are available, or perhaps a specific person is needed in both tasks, the tasks will have to be rescheduled sequentially to manage the constraint. Resource leveling during project planning is the process of resolving these conflicts. It can also be used to balance the workload of primary resources over the course of the project, usually at the expense of one of the traditional triple constraints (time, cost, scope).