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Casey Ayers

People lie at the heart of every successful project initiative. In this course, you’ll learn how to effectively manage critical human resources, as well as the materials, infrastructure, and capital necessary to meet your project’s goals.

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People lie at the heart of every successful project initiative. In this course, you’ll learn how to effectively manage critical human resources, as well as the materials, infrastructure, and capital necessary to meet your project’s goals.

Project leaders must marshal the capabilities of a range of individuals, as well as a wide variety of materials, infrastructure, capital and other resources in order to bring their project vision to life. In this course, Managing Project Resources, you’ll learn how to effectively manage the resources that transform your project objectives into reality. First, you’ll explore the kinds of resources related to project initiatives and how to create a plan to manage them. Next, you’ll discover how to estimate the cost and resource utilization necessary to meet project objectives, and how to select the best resources for each challenge. Finally, you’ll learn how to develop a project budget that ensures your team is empowered to achieve its goals. By the end of this course, you’ll understand the fundamentals of managing project resources and coordinating the efforts of team members to meet your objectives.

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What's inside

Syllabus

Course Overview
Project Resource Management
Estimating Activity Costs and Evaluating Resource Options
Developing a Project Budget
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Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Useful in a variety of project management settings
Develops critical cross-functional skills
Taught by knowledgeable and experienced instructors
Provides a solid foundation in project resource management
May require additional knowledge in project management

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Managing Project Resources with these activities:
Review the PMBOK Guide
Deepen your understanding of project resource management by reviewing the industry-leading PMBOK Guide, published by the Project Management Institute.
Show steps
  • Obtain a copy of the PMBOK Guide.
  • Review the chapters on project resource management and resource planning.
  • Take notes and highlight key concepts.
Watch Tutorials on Resource Management
Enhance your knowledge by watching video tutorials that provide clear explanations and demonstrations of project resource management techniques.
Show steps
  • Search for online tutorials on project resource management.
  • Select tutorials that cover topics relevant to the course materials.
  • Watch the tutorials and take notes on key concepts.
Participate in Discussion Forums
Engage with peers by participating in discussion forums to share knowledge, ask questions, and collaborate on project resource management topics.
Show steps
  • Join online discussion forums or groups related to project resource management.
  • Actively participate in discussions by sharing your insights and experiences.
Five other activities
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Practice Example Problems
Complete example problems to gain a better understanding of how to manage project resources, estimate costs, and develop budgets.
Show steps
  • Review the course materials on project resource management.
  • Identify key concepts related to resource management, such as resource types, cost estimation, and budgeting.
  • Attempt to solve example problems on your own.
  • Check your answers and compare them to provided solutions.
Complete Cost Estimation Exercises
Improve your ability to estimate project resource costs by completing a series of practice exercises.
Browse courses on Resource Utilization
Show steps
  • Gather information on project activities, resources, and costs.
  • Apply cost estimation techniques to determine the cost of each activity.
  • Analyze and compare different cost estimation methods.
Develop a Mock Project Budget
Apply your knowledge by creating a mock project budget that outlines the estimated costs and resource allocation for a specific project.
Browse courses on Project Budgeting
Show steps
  • Identify a project scenario and define its scope.
  • Estimate the costs associated with each resource category, such as labor, materials, and equipment.
  • Develop a detailed budget that outlines the estimated expenses and resource allocation.
  • Review and refine the budget to ensure it aligns with the project's goals and constraints.
  • Present the mock budget to a peer or instructor for feedback.
Mentor New Students
Share your knowledge and skills by mentoring new students in project resource management.
Show steps
  • Identify opportunities to mentor new students through university programs or online communities.
  • Provide guidance and support to mentees on topics such as project planning, resource allocation, and budgeting.
Participate in Project Management Competitions
Test your skills and knowledge by participating in project management competitions that require you to manage resources effectively.
Show steps
  • Identify and register for project management competitions.
  • Develop a project plan and assemble a team.
  • Execute the project and manage resources efficiently.
  • Submit your project and present your findings to a panel of judges.

Career center

Learners who complete Managing Project Resources will develop knowledge and skills that may be useful to these careers:
Product Manager
Product Managers are responsible for overseeing the development and launch of new products or services. They work with engineers, designers, and other stakeholders to ensure that the product meets the needs of the market. This course would be especially helpful for Product Managers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Project Manager
Project Managers oversee all aspects of a project, from planning and budgeting to execution and closeout. They are responsible for ensuring that the project is completed on time, within budget, and to the required specifications. This course would be especially helpful for Project Managers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Program Manager
Program Managers are responsible for managing a portfolio of projects that are related to a specific goal or objective. They work with Project Managers to ensure that projects are aligned with the overall program goals and that resources are allocated effectively. This course would be especially helpful for Program Managers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Business Analyst
Business Analysts help organizations understand their business needs and develop solutions to improve efficiency and effectiveness. They work with stakeholders to gather requirements, analyze data, and develop recommendations. This course would be especially helpful for Business Analysts as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Consultant
Consultants provide expert advice and guidance to organizations on a variety of topics, including project management, business strategy, and technology. They work with clients to identify problems, develop solutions, and implement change. This course would be especially helpful for Consultants as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Resource Manager
Resource Managers are responsible for managing the organization's resources, including human resources, financial resources, and physical resources. They work with project managers to ensure that projects have the resources they need to be successful. This course would be especially helpful for Resource Managers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Project Coordinator
Project Coordinators assist Project Managers with the day-to-day tasks of project management, such as scheduling meetings, tracking progress, and managing communications. They work with the Project Manager to ensure that the project is completed on time, within budget, and to the required specifications. This course would be especially helpful for Project Coordinators as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Operations Manager
Operations Managers are responsible for managing the day-to-day operations of an organization. They work with employees to ensure that the organization is running smoothly and efficiently. This course would be especially helpful for Operations Managers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Financial Analyst
Financial Analysts provide financial advice and guidance to individuals, businesses, and organizations. They work with clients to analyze financial data, develop financial plans, and make investment recommendations. This course would be especially helpful for Financial Analysts as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Data Analyst
Data Analysts collect, analyze, and interpret data to help organizations make better decisions. They work with stakeholders to gather requirements, analyze data, and develop recommendations. This course would be especially helpful for Data Analysts as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Content Writer
Content Writers create and edit written content, such as website copy, blog posts, articles, and marketing materials. This course may be helpful for Content Writers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Marketing Manager
Marketing Managers develop and execute marketing campaigns to promote products or services. They work with clients to gather requirements, develop marketing strategies, and implement marketing campaigns. This course may be helpful for Marketing Managers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Software Engineer
Software Engineers design, develop, and test software applications. They work with clients to gather requirements, develop software solutions, and implement software updates. This course may be helpful for Software Engineers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Graphic designer
Graphic Designers create visual concepts, using computer software or by hand, to communicate ideas that inspire, inform, and captivate consumers. This course may be helpful for Graphic Designers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 
Web Developer
Web Developers design, develop, and maintain websites. They work with clients to gather requirements, develop website solutions, and implement website updates. This course may be helpful for Web Developers as it provides a comprehensive overview of the project resource management process, including how to estimate costs, select resources, and develop a budget. 

Reading list

We've selected eight books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Managing Project Resources.
This comprehensive handbook provides a vast collection of project management knowledge, covering a wide range of topics from project planning to risk management. It valuable reference resource for project managers at all levels.
This practical guide provides a structured approach to project resource management, guiding readers through each step of the process, from planning and budgeting to managing human resources and procurement.
The PMBOK Guide is the global standard for project management. It provides comprehensive guidance on all aspects of project management, making it an invaluable resource for practitioners at all levels.
This comprehensive guide offers a thorough understanding of project management, covering topics such as project initiation, planning, execution, and closure. It includes practical examples and case studies, making it valuable for both students and professionals.
Provides a detailed guide to project procurement management. It covers topics such as vendor selection, contract negotiation, and supplier management. It is valuable for project managers who are responsible for sourcing and managing external resources.
This guide provides best practices for project risk management. It covers topics such as risk identification, assessment, and mitigation. It is valuable for project managers who want to proactively manage risks and improve project outcomes.
Provides a comprehensive understanding of IT infrastructure management, covering topics such as data center management, network management, and cloud computing. It is valuable for project managers who work in IT-intensive environments.
This advanced textbook offers a systematic approach to project management, emphasizing the integration of technology and cross-functional collaboration. It valuable resource for advanced students and professionals seeking a deeper understanding of project management principles.

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