Difference between revisions of "Resource Allocation"
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| − | ''' | + | '''Resource Allocation''' is an assignment of [[Resource|resources]] to a specific use. In a project-based company, a resource allocation can be assigning a person to a project or task. Factors like resource availability and time needed for various roles in a project are considered. The process of allocating resources is a part of [[Resource Management|resource management]].<ref>Definition - What Does Resource Allocation Mean? [https://www.forecast.app/faqs/what-is-a-resource-allocation Forecast]</ref. |
Revision as of 15:15, 26 May 2021
Resource Allocation is an assignment of resources to a specific use. In a project-based company, a resource allocation can be assigning a person to a project or task. Factors like resource availability and time needed for various roles in a project are considered. The process of allocating resources is a part of resource management.<ref>Definition - What Does Resource Allocation Mean? Forecast</ref.