Unlock the Power of Effective Project Resource Management

1. Unlock the Power of Effective Project Resource Management Project resource management is a comprehensive procedure that enables project managers, resource managers, and other business stakeholders to identify, obtain, schedule, and monitor the required resources who will deliver a successful project on time. Resources are the major contributor to successful project delivery, and hence it's the responsibility of resource managers to spend significant time planning and managing their activities to avoid unforeseen circumstances which can create a resource crunch. Why is Project resource management important? Effective Project resource management is necessary to deliver projects on time with a stipulated budget and high quality. You can unlock the potential of your

2. resources with the help of a powerful Project resource management solution like eResource Scheduler: 1. Reduction in project costs: eRS enables you to have complete real-time visibility of resources across the enterprise. By using the smart resource management software, you can leverage global resources from low-cost locations, substantially reducing project resource costs without compromising quality. 2. Optimize resource utilization: By leveraging eRS, project managers can enable accurate forecast planning and improve strategic resource utilization. It enables real-time tracking and hence does not result in under or over utilization of resources. It periodically mobilises resources from non-billable to billable and strategic work. 3. Futureproof business against resource volatility: eRS enables project managers to forecast pipeline project resource demands and bridge the gap between capacity and demands. It helps businesses to create an accurate hiring plan, avoiding last-minute glitches. 4. Effective resource allocation: eRS consolidates all information on a single platform with intuitive dashboards. This enables resource managers to pick the right resources at the right time for the right projects, resulting in successful project delivery within a defined timeline and budget. With a single drag and drop functionality, managers can assign and reassign resources to different tasks and projects. 5.Informed decision making with intelligent dashboards: eRS provides a real- time dashboard with exhaustive details about resources and project milestones. Dashboards help managers to identify how resource-related changes will impact the project schedule and accordingly keep the future plan ready. 6. Reduce Mundane tasks: eRS eliminates the manual collaboration process with multiple stakeholders across locations to get a real-time resource update, which is time-consuming and prone to error. 7.Structured approach to define project scope and timeline: eRS provides customizable forms with 100+ configurable fields to define your resources and create a project plan with a detailed work breakdown structure.

3. Steps to creating a project resource plan: For every successful project delivery there is an absolute requirement of effective project resource plan. Project managers may efficiently plan, organize, and manage their project resources by using resource management tools. 1. Estimate and analyze the resources required for the project 2. Request resources from resource managers 3. Analyze resource demand vs. capacity 4. Creating an accurate resource hire plan to bridge the gap 5. Schedule appropriate resources for projects, avoiding under and over utilization of resources 6.Real-time tracking of project deliveries and critical milestones Are you ready to accelerate your Project resource management process with eResource Scheduler? Sign up today for fully functional free trial and see the difference it makes. Source URL:- https://www.articleted.com/article/543259/543259/