CHAPTER 8Identifying Resources and Budgets

RESOURCE AND BUDGET PLANS are linked to project schedules. In practice, the schedule, budget, and resource plans are usually created simultaneously. The project team identifies for each activity the needed people, materials, equipment, supplies, travel, and other anticipated expenses. The project manager guides the planning team through the steps shown in Figure 8-1.

Identifying Resources

Let us look at the essential parts of a resource plan. The first thing we need to do is create an inventory of people and their skills. Figure 8-2 is an example with competencies shown on a scale of one to five (with five being the highest level of skill).

Fundamentally, resource plans show the need (or demand) for ...

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