Effective Strategies for Resource Estimation in Project Management
Resource estimation is the technique of assessing the type and number of resources required for an upcoming project. For example, these resources could be human labor, materials, tools, equipment, supplies, machinery, etc.
Let’s suppose that there is a construction project coming up. For that, you must ascertain the number of civil engineers, architects, construction workers, and other labor that will be required. In addition, you should also estimate the number and grading of equipment, machinery, tools, and other necessary material for the construction project.
This phenomenon of predetermining the quantity and quality of resources is known as resource estimation.
Please Note: This article originally appears in Saviom - https://bit.ly/37dQZzX
