Resource allocation

Introduction:

The definition of a project, as we learned at the start of class, is a unique work activity with a specific deliverable.  Most projects occur in an organization that is focused on their “normal business” processes and a project is an accessory to achieving their goals.  This means that there may be some tough decisions about available resources and how they are to be allocated.  For instance, if we want to paint a whole home interior in time for a special event, then we may need to decide whether to move painters off another job, invest in paint spraying equipment, and/ or use a subcontractor. Resources can include time, money, equipment, and work space.  When resources are scarce, project planning can be a challenge.

Unit Learning Outcome(s) Reflected in assignment:

• Prepare a resource requirements plan for a project. (CLO 3, 4 and 5)
• Create a network diagram that includes resource limited scheduling. (CLO 3, 4 and 5)  

Directions:

For the project plan you are developing and using the Work breakdown Schedule you developed in week 3,

1. Design a Resource breakdown for labor (people), materials (supplies) and equipment.
   • The following link may be helpful: http://www.mypmllc.com/project-management-resources/free-project-management-templates/resource-breakdown-structure-template/ (Links to an external site.).
2. Make a network diagram that illustrates a possible issue with limited scheduling if the resources are not available
   • Make up an example “what if”- some of the project team all gets the flu at the same time, for instance.
3. Write a short paragraph discussing possible resource issues in your project
4. Place these two elements in a Word file.