Category Archives: Resource management

Is resource availability slowing you down?

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Resource availability plays a fundamental role in resource management. Knowing which resources are available at any given time is an important factor in deciding how to distribute and allocate the right assets for any given project. How can you plan to build a bridge, for example, if you don’t know how many construction workers are available? But resource management is about more than just people. When we talk about resources, we are referring to: Read More

The biggest challenges you need to solve for effective resource management

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In an ideal world, every project would run on time and within (or even under) budget. In reality, many projects show early signs of disorganization, start to spiral out of control, and eventually end up failing. Statistics underscore just how common this problem is: one in every three projects have no baseline; less than one-third of projects are completed on time and to budget; 75% of IT execs believe projects are doomed from the start… the list, unfortunately, goes on. Read More

Exploring professional resource management

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The knowledge we have regarding how we should treat our bodies has led to the standard of professional sports to shoot up in recent years. Compare the current standard of the NBA or NFL, for example, to that of  30 or 40 years ago. The understanding of nutrition, training and sports science has given athletes a huge advantage. Thanks to the latest research and technology, today’s elite sports stars are able to make the best decisions about how they train and compete, based on highly sophisticated and detailed metrics, allowing them to reach peak physical condition, increase their longevity and better avoid and recover from injury.

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7 employment trends your resource management tool must accommodate

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The way we work today is changing fast. Technology is radically altering how employees can do their jobs, automation is removing the need for humans to conduct certain repetitive and simplistic tasks and younger generations have come to expect more flexible working styles. Successfully adapting to these employment trends will ensure your company attracts the best talent, can become more innovative and productive, and ensure you utilize your resources in the most effective way. Your resource management tool should help you adapt to these new trends, allowing you to be ever more proactive in the way you manage resources.

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Bridging the gap between project management strategy and implementation

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Consistent planning and business strategy implementation are essential for any organization; from keeping up with competitors to adjusting to market trends and just about any other business-related functionality in between. However, studies show that there is a worryingly high failure rate when businesses go from forming a strong PPM project management strategy to successfully implementing it. Read More

How much can you save with a resource management plan

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Like any valuation exercise, attaching an estimate of value from a resource management plan or a portfolio management system can be challenging.  There are so many techniques and so many variables; oftentimes, the credibility of those variables and their underlying assumptions can quickly be challenged. Other techniques involve non-quantifiable assumptions around relative value. Again, these techniques are prone to simplifying assumption bias.  In my opinion, we need a quantitative approach to do this right and – as famed consultant Peter Drucker once said – “If you can’t measure it, you can’t manage it.”

So, before selecting a method and running the numbers, let’s look at why people seek out resource management plan software.  In general, we see a demand for:

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How to become strategically proactive

By | Gartner, Resource management | No Comments
In Yahoo’s series on NFL veterans-turned-entrepreneurs, one of the most insightful articles highlights how the ability to adapt strategy is as useful in business as it is in football. The contributor explains how he achieved his long term goal of being a successful player by being flexible and adjusting on an almost constant basis. The same goes for his business career; to achieve long term goals, he set a plan, yet avoided being too rigid. Read More

The state of Resource Management: An interview with PMzOne’s Daniel Zitter

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  • 50% of all projects are not resourced properly and 20% of all projects should never have been started in the first place
Those are some pretty alarming statistics, right? For those of us who work in the PPM / Resource Management world, we would never knowingly start a project that is destined to fail from the outset. Yet the findings from this November industry report by the Project Management Institute suggest that we need to do much more to make sure our projects start off on the right foot. Read More

Discover the keys to Resource Management success

By | Company news, Gartner, Resource management | No Comments
Resource portfolio management is one of the most important challenges facing businesses today. Whether you oversee a team of ten or a company of 10,000, ensuring you have the right resources for the right job at the right time is incredibly challenging.

In today’s volatile market, challenges are often unpredictable and you need to be agile and ready to adapt. Those who can nimbly reallocate resources in response to new obstacles on the horizon and change their game plan when required will succeed. Those who don’t will struggle to stay afloat. So what are the keys to resource management success?

At ProSymmetry, we meet business people the world over who are struggling with key issues around resource management:

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PMO responsibilities and what to look out for

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The International Prototype of the Kilogram has been kept in a glass jar at the Bureau International des Poids et Mesures (International Office of Weights and Measures) in Paris since 1889. The prototype is made of an alloy that is 90% platinum and 10% iridium and is kept under strict supervision, deep within the building.

You might wonder why a simple kilogram needs such high security, to be kept under lock and key. Quite simply, because without an internationally recognized and agreed weight for a kilo, anyone would be able to claim their products were the correct weight and short change their customers. Read More

The 5 key skills of an effective Resource Manager

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The news that U.S. job openings are at a record high is something of a mixed blessing. On the one hand, it shows employers are bullish about the economy going forward. However, the pace of hiring across the nation hasn’t caught up with the number of jobs out there, suggesting HR teams are struggling to find resources that have the right skills and talents.

If your job involves managing resources, you’ll be well aware of the damage that being short on skilled staff can have on the business. Read More

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