In a competitive business environment, when several projects vie for limited resources, project managers may over-allocate resources to meet critical deadlines. In the long run, this can result in elevated stress levels, employee burnout, and compromised project deliverables, ultimately leading to unplanned attrition.
To avoid this scenario, organizations must foresee resource demand and utilization in advance and ensure balanced workload distribution across the organization. This will prevent instances of resource overallocation, enhance employee productivity, and guarantee timely project delivery within budget.
