Definitions for resource management
re·source man·age·ment

WikipediaRate this definition:3.3 / 4 votes

1. Resource 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 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.

WikidataRate this definition:5.0 / 1 vote

1. Resource management

   In organizational studies, resource management is the efficient and effective deployment of an organization's resources when they are needed. Such resources may include financial resources, inventory, human skills, production resources, or information technology. 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 through their Project Management Body of Knowledge 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. HR Management

Dictionary of Military and Associated TermsRate this definition:1.0 / 1 vote

1. resource management

   A financial management function which includes providing advice and guidance to the commander, developing command resource requirements, identifying sources of funding, determining cost, acquiring funds, distributing and controlling funds, tracking costs and obligations, cost capturing and reimbursement procedures, providing accounting support, and establishing a management internal control process. Also called RM. See also financial management.

How to pronounce resource management?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say resource management in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of resource management in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of resource management in Pythagorean Numerology is: 8

Examples of resource management in a Sentence

1. Kim Cobb:

   This finding really reinforces the trends that we see from analysis of rainfall data and climate model output, and in that sense adds significant evidence to inform emergency planning and response, infrastructure planning, agricultural practices, and water resource management under continued warming.

2. Matt Hatton:

   In terms of overall data volumes, connected cars don't present much of a problem, but network resource management is not based on total traffic volume. It's based on particular cell sites during peak times of network use.

3. Matt Hatton:

   But network resource management is not based on total traffic volume. It's based on particular cell sites during peak times of network use.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Resource_Management
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=resource management
3. ^ Dictionary of Military and Associated Terms
   https://www.tradoc.army.mil/wp-content/uploads/2020/10/AD1029823-DOD-Dictionary-of-Military-and-Associated-Terms-2017.pdf