Resource

·       Plan Resource Management

o   Describing how to estimate, acquire, manage, and use team and physical resources.

o   Team resources are the people working on the project to build the deliverables

o   Physical resources such as supplies, materials, services, facilities, and equipment will be measured, acquired, managed, and used in the project

·       Plan Resource Management Tools

o   Data Representation

§  Organization Charts and Positions Descriptions

§  3 Types

·       Hierarchical

o   Graphic, Top-Down Format, (similar format to the WBS)

·       Matrix-Based Chart

o   Responsibility Assignment Matrix, (RAM). RACI Charts

·       Text-Oriented Format

§  Detail description of roles, qualifications, responsibilities, etc

·       Plan Resource Management Output

o   Team Charter

§  Document that outlines what will be acceptable behavior within the project.

§  Should include things like the general rules of conduct for meetings, decision making, and one-on-one conversations

·       Estimate Activity Resources

o   Where you look at each individual activity and determine what and how many resources are needed to accomplish that activity

o   Resources are not just people, but also include equipment, machines, and different types of supplies needed to finish the activity

·       Estimate Activity Resources Tools

o   Bottom-Up Estimating

§  Break down the activities in more detail until you can assign the resources. You can then aggregate them back up to the full activity

o   Analogous Estimating

§   Also known as top-down estimation. Analogous estimation relies on historical information to assign the current duration to the activities. It is based on a limited amount of information.

o   Parametric Estimating

§  Uses a math algorithm to calculate cost or duration

·       Estimate Activity Resources Output

o   Resource Requirements

§  will document the number and types of resources needed to complete each activity. This should be very detailed.

o   Resource Breakdown Structure

§  Hierarchical breakdown of resources by their categories and types.

o   Basis of Estimates

§  How the estimates were created.