Resources:

• People

• Places

• Things

1. Resource Breakdown Structure

   • A hierarchical representation of resources by category and type. See also organizational breakdown structure, risk breakdown structure, and work breakdown structure (WBS).

2. Resource Calendar

   • A calendar that identifies the working days and shifts upon which each specific resource is available.

3. Resource Leveling

   • A resource optimization technique in which adjustments are made to the project schedule to optimize the allocation of resources and which may affect critical path. See also resource smoothing and resource optimization technique.

4. Resource Management Plan

   • A component of the project management plan that describes how project resources are acquired, allocated, monitored, and controlled. See also project management plan and staffing management plan.

5. Resource Optimization Technique

   • A technique in which activity start and finish dates are adjusted to balance demand for resources with the available supply. See also resource leveling and resource smoothing.

6. Resource Smoothing

   • A resource optimization technique in which free and total float are used without affecting the critical path. See also resource leveling and resource optimization technique.

   • The above is taken directly from the PMI website, Lexicon of PM Terminology

Assignment

• Refer to your PM03 Project Schedule Lab assignment

  • What types of Resources will you need in your project?

  • When will you need them, and when will they no longer be needed?