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Project Resource Management

Learn best practices and strategies for project resource management
Preview the first lesson free — get full access to all 15 lessons.
Course: On-Demand
Essential Provider Chris Times  6 chapters ·  15 Lessons ·  1h 4m  in Arabic, German, English, Spanish, French, Portuguese, Chinese 

Course Description

Resource management is a practice through which project managers can ensure they are deploying the right resources at the right time, and with the right costs. The project manager is responsible for effectively managing resources, estimating project costs, controlling the budget, and ensuring that work is done properly. Failure to do so could negatively affect the project, the team, and the client. In this Project Resource Management Course, you’ll explore the key components of resource management. You'll learn how to develop a resource management plan, and use resource calendars to manage resources. You’ll also explore strategies for creating a project cost estimate, tracking cost variations, and building successful project teams,

What You'll Learn

  • Understand the key components and challenges of project resource management
  • Prepare a resource management plan and create resource calendars to manage resources
  • Determine, allocate, and monitor project resource requirements
  • Create project cost estimates, monitor cost variations, and control costs
  • Plan and manage a procurement strategy, including managing suppliers and contracts
  • Build and maintain successful project teams and monitor their performance

Key Takeaways

  • Resource management lets project managers deploy the right resources at the right time and with the right costs.
  • The project manager is responsible for managing resources, estimating project costs, controlling the budget, and ensuring work is done properly.
  • Failure to manage resources effectively could negatively affect the project, the team, and the client.
  • The course covers developing a resource management plan and using resource calendars to manage resources.
  • It also addresses creating project cost estimates, tracking cost variations, and building successful project teams.

Frequently Asked Questions

What does the Project Resource Management course cover?

It explores the key components of resource management, including how to develop a resource management plan, use resource calendars to manage resources, create a project cost estimate, track cost variations, and build successful project teams. It also covers planning and managing a procurement strategy and managing suppliers and contracts.

Who is responsible for managing resources in a project?

The project manager is responsible for effectively managing resources, estimating project costs, controlling the budget, and ensuring that work is done properly.

What skills will I gain from this course?

You will learn how to prepare a resource management plan; determine, allocate, and monitor resources; create a project cost estimate and control costs; and apply strategies for building and maintaining successful project teams.

Why is resource management important?

Resource management ensures the right resources are deployed at the right time and with the right costs. Failure to manage resources effectively could negatively affect the project, the team, and the client.

Professional Certifications and Continuing Education Units (CEUs)

Project Management Institute (PMI®)

Professional Development Units (PDUs): 1.25

Certification Program Categories:
Ways of WorkingPower SkillsBusiness Acumen

KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.