Resource management plays a critical role in ensuring projects are delivered efficiently, on time, and within budget. When resources are not planned and governed effectively, organizations face operational inefficiencies, delivery risks, and rising costs that directly impact business performance.
An enterprise resource management framework outlines the key stages of resource management throughout the project lifecycle. These stages help organizations establish a structured approach to planning, monitoring, and optimizing resources. This enables better coordination, informed decisions, and improved project outcomes.
