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    Principles of Resource Management: Prepared By: Florabel S. Alcudia

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    Catherine Ababon
    The document outlines five principles of resource management: 1) Resources are usually people and people are ultimately responsible for project success, 2) Key people management involves aligning resources to achieve objectives and set expectations, 3) Principles of team management foster productivity through collaboration, feedback, and commitment, 4) The principle of allocation matches resource capabilities and interests to motivate them on tasks, 5) Rewards and recognition ensure resource efforts are not overlooked.

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    Principles of Resource Management: Prepared By: Florabel S. Alcudia

    Uploaded by

    Catherine Ababon
    61 views13 pages
    The document outlines five principles of resource management: 1) Resources are usually people and people are ultimately responsible for project success, 2) Key people management involves aligning resources to achieve objectives and set expectations, 3) Principles of team management foster productivity through collaboration, feedback, and commitment, 4) The principle of allocation matches resource capabilities and interests to motivate them on tasks, 5) Rewards and recognition ensure resource efforts are not overlooked.

    Original Title

    EDUC-205-Florabel-AlcudiaPRINCIPLES-OF-RESOURCE-MANAGEMENT

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    The document outlines five principles of resource management: 1) Resources are usually people and people are ultimately responsible for project success, 2) Key people management involves aligning resources to achieve objectives and set expectations, 3) Principles of team management foster productivity through collaboration, feedback, and commitment, 4) The principle of allocation matches resource capabilities and interests to motivate them on tasks, 5) Rewards and recognition ensure resource efforts are not overlooked.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    61 views13 pages

    Principles of Resource Management: Prepared By: Florabel S. Alcudia

    Uploaded by

    Catherine Ababon
    The document outlines five principles of resource management: 1) Resources are usually people and people are ultimately responsible for project success, 2) Key people management involves aligning resources to achieve objectives and set expectations, 3) Principles of team management foster productivity through collaboration, feedback, and commitment, 4) The principle of allocation matches resource capabilities and interests to motivate them on tasks, 5) Rewards and recognition ensure resource efforts are not overlooked.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 13

    PRINCIPLES OF RESOURCE

    MANAGEMENT

    Prepared by:
    FLORABEL S. ALCUDIA
    Principles of Resource
    Management
    1.Resources are usually people
    2.Key people management
    3.Principles of team management
    4.Principle of allocation
    5.Rewards and recognition
    1. Resources are usually people:

    The fact that people are ultimately


    responsible for project success is the most
    important thing to remember about
    resource management.
    2. Key people management
    Involves the resources to achieve
    common objectives.
    Ensure to align all the resources and
    set expectations.
    Understand the priority and
    importance of assigned tasks.
    Given the liberty to set and estimate
    task schedules depending on their
    priorities.
    3. Principles of team
    management
    Bring the sense of collaboration among team
    members.
    It will foster productivity and creativity and
    eventually decreases the chances of error.
    A good feedback to the team will enhance
    their confidence and commitment.
    4. Principle of allocation
    Always try to allocate the right resources for
    the right tasks.
    Match the resource capability and interest
    with the task and then do an assignment.
    Know your resource and his/her interest,
    then figure out which task motivates him/her
    the most.
    Resource allocation best practices to
    manage resources effectively:
    A. Centralized resource pool
     set up a centralized resource pool for project
    assignments
    B. Levelling resource
    Balance the workload of resources, so that no
    resource is overloaded.
    C. Know who is doing what
     Keep the track of resources allocation in real
    time to know which resource is engaged in
    whatever activity at a particular moment.
    D. Track the progress
     Track the progress of ongoing projects in real
    time to obtain maximum information, to
    understand the challenges and to anticipate
    any potential risk.
    E. Future forecasting
     Analyze what went well and what went wrong
    and accordingly take actions to forecast future
    demands and capacity planning.
    F. Use appropriate resource management software
     Choose appropriate software for your
    organization based on the organizational maturity
    level so that you can utilize these software in right
    perspective.
    5. Rewards and recognition
    The efforts of your resources should not go
    unrewarded.
    Ensure to make your resources knew about,
    how important their contribution to assigned
    tasks was.
    Recognize their effort and time
    References
    https://www.slideshare.net/leankor123/resource-manageme
    nt-basic-principles-that-you-need-to-know
    https://www.greycampus.com/blog/project-management/ke
    y-principles-of-resource-management
    https://www.liquidplanner.com/blog/5-key-principles-
    resource-management/
    THANK YOU
    AND
    GOD BLESS

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