Resource Allocation Paper
Resource Allocation Paper
Jody Bryant, Vann Haigler,
Rose Matos, and James Sampson
University of Phoenix
Mark Fechtel
May 25, 2006
Resource Allocation Paper Project management is the discipline of defining and achieving targets while optimizing the use of resources: time, money, people, materials, energy, space, etc., over the course of a project. The most important resources that project managers have to plan and manage on day-to-day basis are people, materials, equipment and working capital. Obviously, if these resources are available in abundance then the project could be accelerated to achieve shorter project duration. On the other hand, [Avoid using colloquial language, slang or jargon in formal writing (14)] if these resources are severely limited, then the result more than likely will be a delay in the project completion time. Depending on the type of resources, the costs of providing an abundance of such resources to accelerate project completion time can be very high. However, if resources are readily available and excess premiums are not incurred to use them on the project, then project cost should be low, as some project costs are resource related while others are likely to be time dependent. In seeking professional services for the design and construction of our garage with living quarters, the management team has been confronted with a broad variety of choices. The services solicited are based on past history and excellent referrals. The Ransom family has selected the following individuals for the organizational structure of the garage project, all team member functions, responsibilities, qualifications, and capabilities are defined, as well as where each member fits into this structure. [Comma splice and/or run-on sentence. Rewrite as two sentences, or separate with a semicolon. (32)] The Ransom’s are confident that this group of individuals will form a cohesive team to complete the project within scope,
Jody Bryant, Vann Haigler,
Rose Matos, and James Sampson
University of Phoenix
Mark Fechtel
May 25, 2006
Resource Allocation Paper Project management is the discipline of defining and achieving targets while optimizing the use of resources: time, money, people, materials, energy, space, etc., over the course of a project. The most important resources that project managers have to plan and manage on day-to-day basis are people, materials, equipment and working capital. Obviously, if these resources are available in abundance then the project could be accelerated to achieve shorter project duration. On the other hand, [Avoid using colloquial language, slang or jargon in formal writing (14)] if these resources are severely limited, then the result more than likely will be a delay in the project completion time. Depending on the type of resources, the costs of providing an abundance of such resources to accelerate project completion time can be very high. However, if resources are readily available and excess premiums are not incurred to use them on the project, then project cost should be low, as some project costs are resource related while others are likely to be time dependent. In seeking professional services for the design and construction of our garage with living quarters, the management team has been confronted with a broad variety of choices. The services solicited are based on past history and excellent referrals. The Ransom family has selected the following individuals for the organizational structure of the garage project, all team member functions, responsibilities, qualifications, and capabilities are defined, as well as where each member fits into this structure. [Comma splice and/or run-on sentence. Rewrite as two sentences, or separate with a semicolon. (32)] The Ransom’s are confident that this group of individuals will form a cohesive team to complete the project within scope,