6. Project Resource Management

Question 1

Project Resource Management

Answer 1

The project resource management involves managing human resource, material, equipment, knowledge and time. Recourse plays a very important role during the execution of the project. There are 6 Project resource management processes in three phases of project management.

Question 2

Project Resource Management Processes

Answer 2

27. Plan Resource Management;
28. Estimate Activity Resources;
29. Acquire Resources;
30. Develop Team;
31. Manage Team;
32. Control Resources.

Question 3

27. Plan Resource Management;

Answer 3

Plan Resource Management process is a process of identifying the required resources, equipment for the required for the project activities. Planning resources include preparing the user guide document to identify, acquire, manage and monitor the required resources for project activities.

Question 4

28. Estimate Activity Resources;

Answer 4

The process of estimating the type and amount of resources required for each project activities. The main objective of estimating resources is to plan the resource requirement for the overall project.

Question 5

29. Acquire Resources;

Answer 5

The process of acquiring the resources like team members, types of equipment and other resources required for the project delivery. The main objective of this process is to ensure there is no shortfall of resources required for the project.

Question 6

30. Develop Team;

Answer 6

The process in which the stakeholder or project manager improve the knowledge, skills and techniques of the team members as per the requirement of the project quality. This improves the competencies and enables the interaction between the team members enhancing the quality of the project.

Question 7

31. Manage Team;

Answer 7

The process of tracking and recording the performances of the team and managing by giving feedback, resolving issues, managing conflicts and optimize the project performance according to the project requirement. The main objective of this process is to improve the overall performance of the team and enhance productivity.

Question 8

32. Control Resources.

Answer 8

The Control Resources process aims to fulfil all the resource requirements for the project activities. It ensures all the resources allocated are according to plan. The probability of change requests is high in resource management. Therefore, controlling the resources and monitoring according to the resource plan management is highly essential.