RESOURCE MANAGEMENT

Question 1

It may be a human resource or employee a financial resource a product to be sold or obtained, skills, technology information, or elements for production

Answer 1

Resource

Question 2

A resource may be:

Answer 2

Human resource or employee
Financial resource
Product to be sold or obtained
Skills
Technology information
Elements for production

Question 3

The data required for effective resource management includes:

Answer 3

Demand for resources
Available resources
How the resources will fit into the demands or what is required of resources

Question 4

It must be used to the maximum capacity for the minimum amount of cost

Answer 4

Resources

Question 5

It should be allocated assigned or distributed resources in a fear and balance manner

Answer 5

Tasks

Question 6

Remember resources can be_or_like equipment or office space. It’s everything, in fact,____to complete the project

Answer 6

Human or non-human
That has a cost required

Question 7

Just like every other aspect of project management when you’re scheduling your resources you want to first start with a plan

Answer 7

Resource plan

Question 8

Make a detailed list of all resources you think are needed to complete the project

Answer 8

Resource plan

Question 9

In this process you involve others as certain team members might require additional resources than what you expect

Answer 9

Resource plan

Question 10

In this process you need to be sure to include an identify essential and non-essential personal and equipment

Answer 10

Resource plan

Question 11

Resource planning is in short_____

Answer 11

Financial planning

Question 12

Now that you have a completed list of the resources needed to complete your project you want to get them in some sort of order

Answer 12

Resources break down structure

Question 13

You can create hierarchies of resources also known as

Answer 13

Resources breakdown structure or RBS

Question 14

This process provides the basic hierarchies which include at least personnel and preferably all resources on which the project funds will be spent

Answer 14

Resources breakdown structure

Question 15

With your resources listed in organized you can begin to start defining resources that have various levels of responsibility for completing project task or for the overall project

Answer 15

Responsibility assignment matrix or RAM

Question 16

Here is where you can clarify the rules and responsibilities over the entire project

Answer 16

Responsibility assignment matrix or RAM

Question 17

In this process you can break down into who is responsible for doing what tasks, who owns the task, who can help if there are questions about the task, and who needs to stay informed about the progress of the task

Answer 17

Responsibility assignment matrix or RAM

Question 18

Simple charts with coded letters that define different functions of accountability are based on

Answer 18

R a c i method

Question 19

RACI means

Answer 19

Responsible
Accountable
Consulted
Informed

Question 20

You can do this by individual or role depending on the needs of the organization

Answer 20

R a c i method

Question 21

Simply means when a person is given too much work

Answer 21

Resource overallocation

Question 22

This process may result in the delay of the accomplishment of the time scheduler allocated for the task to be completed

Answer 22

Resource over allocation

Question 23

This lead to overtime, which impacts the budget, or can block and even derail a project

Answer 23

Resource over allocation

Question 24

It is a quick and easy way to view the allocation of your resources and note whether any are
over or under allocated

Answer 24

Resources histogram

Question 25

In color coding what does overallocation color represent

Answer 25

Red

Question 26

Refers to a theory that an organization should guard against having all their eggs in one thing basket or Uber reliance on one team to accomplish core work

Answer 26

Resource dependency

Question 27

In this process you want to plan against an unhealthy dependency on one team or one resource to accomplish the work

Answer 27

Resource dependency

Question 28

You can mitigate this process by distributing the work across multiple resources or having backup plans if planned equipment resources should become unavailable

Answer 28

Resource dependency

Question 29

In this process if one team member has too many tasks and not the available time to get it all done they could be blocking other people’s work

Answer 29

Resource dependency

Question 30

It is a juggling app, whereby you manage resource availability across a project or across multiple projects

Answer 30

Resource leveling

Question 31

It can be accomplished by extending the duration you had planned for certain tasks to be accomplished by adjusting the start and end dates, depending on whether you have the resources to complete them now or not

Answer 31

Resource leveling

Question 32

In this process you want to have the right amount of resources for the time you allotted to do the task This is another way to avoid over or under allocating team members

Answer 32

Resource leveling

Question 33

Enumerate the resource management key terms

Answer 33

Resource plan
Resources breakdown structure
Responsibility assignment matrix
Resource overallocation
Resources histogram
Resource dependency
Resource leveling

Question 34

In creating resource management plan first you need to note all of your?

Answer 34

Resources, including people, equipment, and materials

Question 35

Secondly in creating resource management plan you need to figure out what?

Answer 35

How many of those resources are needed to get the project done

Question 36

Lastly in creating resource management plans what do you need to make?

Answer 36

Schedule for the resources

Question 37

If ever you’re done creating your resource management plan you need to make sure that you have all the components of a good resource plan which includes:

Answer 37

All the resources necessary to complete the project

Time frames for the planned effort of each resource

Number of each resources you’ll need per day/week/month

Quantity of resource hours required per day/week/month

Identify assumptions and constraints

Question 38

It is a component of a good resource plan which involves everything from people to machines and even any office space you’ll need. Spend a good amount of time with this list, the more complete it is, the more accurate your schedule will be

Answer 38

All the resources necessary to complete the project

Question 39

It is a component of a good resource plan which involves noting the duration of time needed for each resource, resulting to have a clear picture of how it will fit into your overall schedule

Answer 39

Time frames for the plant effort of each resource

Question 40

In this component of good resource plan you want to break your resource needs out on a daily, weekly and monthly rotation to better grasp what you need and when

Answer 40

Number of each resources you need per day / week / month

Question 41

Up on having the first three components of a good resource plan you’ve figured what you need, but how many hours for each of those resources are you going to allocate over time? What component of a good resource plan is this

Answer 41

Quantity of resource hours required per day / week / month

Question 42

It is a component of a good resource plan where an assumption is what you think might be true, while the constraints are the schedule, cause and scope of your project

Answer 42

Identify assumptions and constraints