A resource management plan is a structured approach that outlines how managers estimate, acquire, allocate, and manage resources throughout the project lifecycle. It establishes clear processes to ensure the right resources are available at the right time to meet project objectives.
It helps firms enable better forecasting, facilitate competent allocations, and optimize billable utilization levels. This helps minimize resource risks, balance workloads, & boost productivity. As a result, firms can reduce project costs, enhance project delivery, and maximize operational efficiency.
