Limited-time offer! Save up to 50% Off | Solutions starting at $6 each  

Planning and Managing Resources Assignment

Added on - 09 Dec 2020

Trusted by +2 million users,
1000+ happy students everyday
Showing pages 1 to 4 of 12 pages
Planning and ManagingResources
Executive SummaryThis report discussed about the resource planning and resource management of Hamilton. Thisreport discussed that resource planning is important part of project management on which thesuccess of project depends as resource planning is the complete process on managing andallocation of resources to perform the tasks within the organisation. This report discussed thatthe main objective of resource planning and resource management is to increase the over allperformance of the organisation. This report discussed about various sources of funding andtheir impact on the expansion of the business. In this it is discussed that in order to start a newproject companies needed funds for making investment in that particular project and also thatfunds are important for completion of projects. Hamilton had to look for the various sources offunding in order to complete the project. This report also discussed about the short-term,medium-term and long-term funding had an impact on the business and there were various risksattached with them which an organisation had to take into consideration and also therelationship between resource planning and resource management have impact on theperformance of an organisation.
Table of ContentsINTRODUCTION...........................................................................................................................1Main Body.......................................................................................................................................11) Possible plans for best management of resources for better outcome of service...............12) Three sources of funding and their impact on the expansion of the business in Short,medium and long term............................................................................................................4CONCLUSION...............................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONPlanning and Managing resources consists of two parts planning of a resource is a areathat deals in procuring and using of required resources for delivering a project, while a managingresources is the process of making the use of effective and best use of organisational resources atthe time when needed. Resource planning and management is important for the projectmanagement, as the amount of resources available effects the success of the project.For thisproject report, Hamilton has been selected which offers care facilities to the patients. It comesunder the category of leading health care institution and now planning to explore operationsSydney.This report discusses about the planning and managing of the resources for theHamilton, how to make best plan of the resources for the best outcome of the services. Thisreport also discusses about the funding and its impact on the expansion of the business.Main Body1) Possible plans for best management of resources for better outcome of serviceResource planning is the particular area of project management, which focuses on thegathering and making the effective use of available resource for delivering a projects for its bestoutcome(Marvin and et.al., 2018). It is also described as application of an organisationalresources in order to complete the project requirements within the given deadlines. Resourceplanning cover various aspects of the resources like costs, materials, labours, employees,equipments etc. it is all about the planning of using the available resources within theorganisation. It allows the resource manager to assure that the organisations resources areeffectively and efficiently used within the organisation. Resource planning is the completeprocess on managing and allocation of resources to perform the tasks within the organisation.Having a proper resource planning within the organisation helps in the team visibility, helps inmeeting the production needs, helps in keep tracking the resources and also the availability ofresources within the organisation. Its is important for the resource managers to have propersystems in place so that there is a proper effective planning of the resources of an organisation.Proper resource planning results in the optimal use and control of resources within theorganisation. It helps in the reduction of the staff costs and also will increase the customerssatisfaction for the organisation. A proper resource planning helps in managing of the day to dayactivities of the business, its helps a business to be competitive, it increases the quality of theproduction process, it manages and optimizes the work flow within the organisation.1
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document