What does resources management mean?
Definitions for resources management
re·sources man·age·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word resources management.
Wikipedia
resources management
In organizational studies, resource management is the efficient and effective development of an organization's resources when they are needed. Such resources may include the financial resources, inventory, human skills, production resources, or information technology (IT) and natural resources. In the realm of project management, processes, techniques and philosophies as to the best approach for allocating resources have been developed. These include discussions on functional vs. cross-functional resource allocation as well as processes espoused by organizations like the Project Management Institute (PMI) through their Project Management Body of Knowledge (PMBOK) methodology of project management. Resource management is a key element to activity resource estimating and project human resource management. Both are essential components of a comprehensive project management plan to execute and monitor a project successfully. As is the case with the larger discipline of project management, there are resource management software tools available that automate and assist the process of resource allocation to projects and portfolio resource transparency including supply and demand of resources. The goal of these tools typically is to ensure that: (i) there are employees within our organization with required specific skill set and desired profile required for a project, (ii) decide the number and skill sets of new employees to hire, and (iii) allocate the workforce to various projects. Within professional services and consulting organizations, the effectiveness of these tools and processes is typically monitored by measuring billable utilization rate.
Editors Contribution
resources managementadjective
The management of resources
Resources Management skills are vital for Community Directors and their teams
Submitted by MaryC on February 27, 2023
Numerology
Chaldean Numerology
The numerical value of resources management in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of resources management in Pythagorean Numerology is: 9
Examples of resources management in a Sentence
This is something much bigger than HR. All of the boring crap that you don’t want to deal with, you can put on autopilot, i want to make this something that’s almost a new category. It’s not an admin tool. It’s not really a [human resources management] system. It’s a much more ambitious effort.
We see Mr. Wheeler as fitting a very typical pattern of behavior, he started off in the Senate, then went to a lobbying firm. Now he will be at a very high-ranking position at the EPA, where he will be in a position to make lots of decisions that could benefit his former clients. That's a disturbing pattern that I think is very common to natural resources management in general in the President Donald Trump administration.
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"resources management." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/resources+management>.
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