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Video Title: Resource Management
Description: Resource Management
Watch more Videos at https://www.tutorialspoint.com/videotutorials/index.htm
Lecture By: Mr. Arnab Chakraborty, Tutorials Point India Private Limited
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Resource Management.

So, in this session, we are concentrating
on resource management.

If you consider a generic project,
not a software development project.

A generic
project, a resource can be categorized

mainly into three
different categories.

So, first category is the work type of
resource.

Say the personnel, the manpower should be
treated as work type of resource.

So, that is another type of resource known
as the cost type of resource.

Say the room, the infrastructure can be
considered as a cost type of resource.

And another type of resource is the
material resource which will go on

consumed during the execution of a
project.

So, in this
way, resource can be categorized into

three different
categories work, cost and the material.

Ok.

Now, let us
concentrate on the software project

management and the resource management in
that very arena.

All elements used
to develop a software product

may be assumed as
a resource for that project.

So, this may
include human resource, productive

tools and
the software and respective libraries.

Sometimes, sometimes the infrastructure,
the room or infrastructure whatever you

are using that can be also considered as
one of the resources in that very project.

The resources are
available in limited quantity

and stay in
the organization as a pool of assets.

In our project management, we have a
resource pool.

So, that is the collection of multiple
resources.

Resources may be of different types.

They will be of different
categories, names,

rates, availability and
other different features.

The shortage
of resource hampers development of

the project and it can
lag behind the schedule.

Obviously, the proper resources should be
supplied to the activity so that the

activity can get its progress accordingly
as desired and can get completed

accordingly as was calculated.

So, according allocating extra resources
increases the development cost in the end

and it is therefore, necessary to estimate
and allocate adequate or optimum number of

resources for the respective activity of
the project.

So, we know that whenever we go for over
allocation that means, over allocation of

resources
means, we are going for more resources

are getting allocated
on a certain project.

So, in the case obviously, in the project.

So, in that case obviously, project cost
will be enhanced.

And if we give some resources not up to
the on a mark but limited some resource

quantity is lesser that actually it was
calculated.

Then the respective activities of the
project may be means, the deadline.

While allocating this resource,
so we are having two different problems.

One is the over allocation and the one is
the under allocation.

What is the over allocation?

A same resource has been allocated onto two
different tasks on the same date and time.

So, that is known as over allocation.

So, if you consider myself as a resource
in this particular training program,

if you ask me to take two different
classes on the same date and time in the

same same time slot, then obviously I
should say that I am finding myself as a

resource in the over allocation stage.

So, now also we can have another one that
is the under allocation.

That means, a resource is sitting idle,
but he or she is getting paid for that.

The cost is getting incurred, but the
resource is not getting fully utilized.

And that is known as under-allocation.

And to resolve this problem of
over-allocation and under-allocation,

the process is known as resource leveling.

So, resource management includes defining
proper organization project by creating a

project team and allocating
responsibilities to each team members.

So, each and every team member must have a
separate dedicated responsibility.

So, determining resources acquired at a
particular stage and their availability

manage resources by generating resource
request when they are required and

de-allocating them when they are no more
needed in the project.

So, allocation of a resource and
de-allocation of the resource.

So, both may take place.

When the allocation of the resource will
take place, then from the resource pool,

the resource will be allocated to the
respective task, to the respective project.

Otherwise, the
resource will be brought back to the

resource pool,
treated it as a free resource right now.

So, in this way, this resource allocation
And with the resource, we might be having

different attributes, that is the resource
calendar, resource availability,

the resource unit, that is the 100 percent
unit or 200 percent unit.

So, different parameters, resource name,
resource category, and resource short name.

And we can keep multiple rates,
multiple cost factor against one resource.

So, let us suppose there is one
programmer, if he or she has been asked to

work on PHP platform, he will be charging
X dollar.

Or if he or she
will be, will be asked to work on the

say Kotlin platform to
develop one Android application.

So, he or she will be charging with the
say X 1 dollar.

So, in this way, different resources may
have different cost factors also.

So, depending upon the allocation,
the respective cost rate is to be applied.

So, in this session, we have discussed a
little bit more on this resource management.

Thanks for watching this video.