A.S.

M PG COLLEGE FOR
WOMEN'S
Presented by
M.Kavya
M.com(gen)
3rd sem
18010C0031
POWER POINT PRESENTATION
ON
RESOURCE ALLOCATION
 An economic or productive factor
required to accomplish an activity, or
Resource
as means to undertake an enterprise
and achieve desired outcome.
 The Three Most Basic Resources
Land
Includes all natural resources (“gifts of nature”)
used in the production process, such as arable
land, forests, mineral and oil deposits, and water
resources.

Labor
Consists of the physical and mental talents of
individuals used in producing goods and services.

Capital
Refers not to money but to tools, machinery, and
other productive equipment.
 Other Resources

•Energy
•Entrepreneur
ship
•Information
•Expertise
•Management
•Time
 Resources in Project Management

anything used up to execute

the project

•Budget
•People
•Technology
•Time
•Space
•Tools
•Equipment
•and etc.
 Resource Allocation

Resource allocation is used to assign

the available resources in an economic
way.

In project management, resource

allocation is the scheduling of activities
and the resources required by those
activities while taking into consideration
both the resource availability and the
project time.
 Resource Allocation Plan

1. Basic Allocation Decision

2. Contingency
mechanisms
1. Basic allocation decision

•The choice of which items to fund in the

plan
•What level of funding it should receive
•Which to leave unfunded
•The resources are allocated to some
items, not to others
2. Contingency mechanisms

A.There is a priority ranking of items excluded

from the plan, showing which items to fund if
more resources should become available.

B.There is a priority ranking of some items

included in the plan, showing which items
should be sacrificed if total funding must be
reduced.
Example of Resource Allocation for Jobs

Assume that the active

resource plan is called
“Night Plan”.

3 Job classes:
DW Consumer Group
OLTP Consumer Group
Other Consumer Group
Thank
you!