Resource Management

Question 1

What supports the creation of a project RACI?

Answer 1

1. Organisational breakdown structure
2. Work breakdown structure

Question 2

When is resource levelling most appropriate?

Answer 2

Resource levelling is used where a fixed amount of resource is available and the project can be delayed.
I.e. with the available resource, when will the work be finished?

Question 3

When is resource smoothing most appropriate?

Answer 3

Resource smoothing is used when time is more important than cost.
I.e. what resources do I need to deliver the work on time?

Question 4

What are the different types of resources?

Answer 4

1. People
2. Materials
3. Facilities
4. Equipment

Question 5

What is the difference between resource smoothing and levelling re. project end date?

Answer 5

Resource smoothing prioritises the end date of the project.

Resource levelling may change the end date (i.e. cause an extension)

Question 6

What are the key considerations for determining resources?

Answer 6

1. Chosen lifecycle
2. Skills and capabilities required
3. When resources are needed
4. How long resources are needed
5. Type of resources required for each activity

Question 7

What is a RAM or RACI?

Answer 7

A RAM or RACI is a communication device to ensure that people working on a project are aware of their role and the work they have to do.

Question 8

What are the benefits of a RAM/RACI?

Answer 8

1. Clarifies roles and responsibilities
2. Streamlines resource allocation
3. Supports effective task delegation
4. Serves as a point of reference for the project team

Question 9

What are the benefits of identifying and scheduling resources?

Answer 9

1. Ensures required resource is available when needed
2. Ensures resource is allocated effectively
3. Maximises productivity
4. Reduces risk of overspend
5. Improves stakeholder/team coordination