Barry MuirThe goal of Resource optimization is to continuously maximise the utilisation of your staff across the multi-project workload. The problems with accurately forecasting the effort required and likelihood of changes as the project develops, make this a difficult, ongoing challenge.
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Barry MuirWhy is managing resources across multiple projects important? Project organisations face two conflicting objectives, where the failure of either can have severe financial or reputational consequences. Mastering how to manage resources is important.
Clients require that phases of their projects are completed on time and within budget.
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Barry MuirIn today’s world the term resource management can cover the management of a wide variety of resources, ranging from physical resources such as gold and oil, and increasingly rare metals required for batteries and mobile phones, through computing capacity to human resources.
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Barry MuirManaging multiple projects with a limited pool of resources can be quite a challenge. No sooner do you have the demand nicely balanced with your skills capacity when a change occurs, causing resource bottlenecks or unacceptable levels of spare capacity.
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Barry MuirThe challenges faced in managing a portfolio of IT projects with a limited pool of resources are wide ranging and can vary considerably. They can be difficult to classify, but one way is to distinguish between internal and external projects.
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Barry MuirTo effectively managing resources across multiple projects, two key processes need to be in place. The first is demand and capacity management. This ensures that sufficient resources with the right skills and experience will be available so that each and every project commitment can be met.
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Barry MuirManaging resources across multiple projects can be a rollercoaster ride. The challenge is to keep your resource capacity closely matching the skills demanded by your projects. Striking the right balance is difficult. Whilst there must be sufficient skills available to ensure that each project commitment will be met,
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Barry MuirWhilst implementing a resource management system for a team or small department is quite straightforward, the complexities and challenges rise exponentially when implementing a global resource management system. This post looks as these challenges and draws on Innate’s 25 years of experience to explain how they can be met.
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Barry MuirResource management tools justify their investment by helping organisations to optimise the utilisation of their project-based staff. This is no simple matter. A balance needs to be struck between having sufficient skills available so that each project commitment will be met,
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Barry MuirResource allocation methods in project management are used to identify staff that are suitable for working on individual project tasks. It is part of the resource management process for managing the workload across multiple project and services, which starts with project demand management before allocating individual resources.
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