Resource allocation in project management

Authors

  • Cristina Selaru Bucharest University of Economic Studies Department of Economic Informatics and Cybernetics

Abstract

Every day we meet new challenges that interfere in the workflow of different projects. Resources are scarce, therefore we need to carefully allocate them in order to obtain the desired results. The best way to deal with change in modern organizations involves project management. Therefore the question is which tools are best used to support structure, automation and efficiency of complex business processes.

This paper is intended to study a real life business process that can deliver different results accordingly to its allocation of resources. Creating different outputs for a certain system, hopefully, the best solution would be found an implemented in order to increase operational productivity.

Furthermore, based on the studied results, a complete analysis can be provided so that future mistakes can be avoided, and certain allocations to be classified as not feasible. Anyway, the project activities are subject to considerable uncertainty which can lead to schedule disruptions. Hopefully, in this paper a model can be developed that cannot provide with a proper resource allocation with approximate formulations that can lead to maximum results of the studied project.

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Published

2012-10-01

How to Cite

Selaru, C. (2012). Resource allocation in project management. International Journal of Economic Practices and Theories, 2(4), 274-282. Retrieved from http://ijept.eu/index.php/ijept/article/view/Resource_Allocation_in_Project_Management

Issue

Vol. 2 No. 4 (2012)

Section

Articles

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