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The resource planning phase of resource management is where you identify the necessary resources for the project. In project management, the resource management process happens in two stages: resource planning and resource scheduling. Resource management gives your team the ability to work on the right work at the right time. Tracking: Status updates need to be tracked throughout the project life cycle. Priorities: Priorities management for the project and expectations must be articulated clearly and shared to the relevant stakeholders and team members. Insights: Resource management relies on granular insights into what your team is working on and how long it takes them to complete each task. To be successful at resource management, you must provide the following: Resource management in project management involves managing and assigning your organization’s resources like budgets, capacity, and team members. With more discipline and process around resource management, you can keep your team members happy, and build trust in your customers that you can deliver on time.ĭownload the guide What is resource management? Over-scheduling your resources leads to burnout and turnover. Most organizations work with limited resources.