Resource Allocation

Resource allocation is used to assign the available resources in an economic way. It is part of resource management. In project management, resource allocation is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time.

Read more about Resource Allocation:  Strategic Planning, Resource Leveling, Algorithms

Famous quotes containing the word resource:

    “If there is nothing new on the earth, still the traveler always has a resource in the skies. They are constantly turning a new page to view. The wind sets the types on this blue ground, and the inquiring may always read a new truth there.”
    —Henry David Thoreau (1817–1862)