The term "resource levelling" refers to a type of date adjustment based on resource constraints.
Humans, tools,
equipment, and machines, all of which are essential parts of any project, are
all resources. Project management is the process of achieving project
objectives and goals by controlling and managing projects in order to meet the
customer's expectations.
We discussed constraints such as cost, time, and scope or quality in one of the articles; however, these factors influence projects in such a way that they may require more or fewer resources to complete the task depending on the constraints.
One of the project
manager's responsibilities is to make the best use of resources in order to
achieve the goals while not exceeding the value of the previously defined
constraint. To master the responsibilities of a PM, consult the overview of PMP prep course.
What is Resource levelling?
No project can be
guaranteed to succeed; you may have heard that projects have failed due to cost
overruns, project delays, significant scope changes, or poor quality.
Of course, we'll
get to resource levelling eventually, but let me emphasise that all three
constraints can occur if resources aren't managed properly.
So, what does
resource levelling entail? “A technique in which start and finish dates are
adjusted based on resource constraints to balance the demand for resources with
the available supply,” according to the PMBOK.
Why is it important in project management?
Resource levelling
is important because it allows you to efficiently manage resources and
structure the project so that cost overruns and delays in delivery time are
avoided, while also ensuring that resources are used to their full potential to
bring more stability to the project with the best available resources.
This can be
accomplished using any resource-levelling technique. Let's look at an example
to better illustrate the point. Let's say you need to create a website in one
week with the available cost and scope. You can hire a resource to do this in
one week. If you need to create two websites in one week, you can hire two
resources to complete the two websites in one week. However, if you use
resource levelling, you can hire a single resource to complete the two websites
in two weeks instead of doing the two websites in the same week.
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