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Resource Requirements For Information Systems Development Five basic required re

ID: 358759 • Letter: R

Question

Resource Requirements For Information Systems Development

Five basic required resources

People, hardware, software, data, and network resources The more accurate the resource assessment, the more likely the project can be completed on time Most common problem – Overallocation

Resources assigned to multiple tasks at same time

Conflict results in lengthening the time

Project Management Information Systems

Handle resource considerations within a project

-Create and maintain a list of resources

-Store availability, rate, and costs for resources

-Assign resources and calculate cost

-Assign calendar to record availability

-Resolve overallocations for best solution

Critical Success Factors

-Resources can constrain the project schedule because the quantities of various types of resources available to perform the project activities may be limited.

-It is necessary to estimate the types and quantities of resources required to perform each activity.

-If sufficient resources are not available when required, some activities may have to be delayed until a later time when resources become available to perform the activities.

-Resource leveling, or smoothing, is a method for developing a schedule that attempts to minimize the fluctuations in requirements for resources. It levels the resources so that they are applied as uniformly as possible without extending the project schedule beyond its required completion time.

-Resource limited scheduling is a method for developing the shortest schedule when the quantity of resources is fixed. It will extend the project completion time if necessary.

Summary

-The consideration of resources adds another dimension to planning and scheduling; resources can constrain a project.

-Resources can include people, materials, equipment, tools, facilities, and other crucial elements to a project.

-A resource requirements plan illustrates the expected utilization of resources by time period during the time span of the project.

-Resource leveling, or smoothing, is a method for developing a schedule that attempts to minimize the fluctuations in requirements for resources when the project completion time is fixed.

-Resource-limited scheduling is a method for developing the shortest schedule when the quantity of available resources is fixed, and may extend the project completion time in order to keep within the resource limits.

Discuss 2-3 importance of productivity and resource utilization to control the project cost.

Explanation / Answer

Importance of productivity and resource utilization to control project are as follows:

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