Portfolio Resource Planning: A

viewpoint

Resource planning is one of the most important

responsibilities of a manager as resources are a

crucial part of an enterprise without which no

operation can be performed. Resources can be

man, material or machine and proper planning

is required to get optimum results. a major

portion of the expenditure goes into acquiring

resources for an enterprise and hence it is

important that you make the best use of your

resources. In order to enhance the enterprise

productivity and employee performance, it is

important that the manager undertakes

Portfolio Resource planning initiative.

Portfolio Resource planning is a process of

creating resource plans in order to meet the

short and long term goals of an enterprise. In

this process, the manager needs to have a

thorough understanding of the projects

undertaken and the priority level of each.

Resource allocation is done keeping in mind the

impact of introduction of new projects on these

resources. This planning helps you get clear

understanding of the availability of these

resources to take care of new projects,

innovations and product development.

In this process the manager needs to allocate

resources efficiently so that it takes care of the

upcoming products and projects. The resource

allocation takes place according to the priority

of the project and also ensures that the regular

operations are also not hindered.

It is necessary that you associate the right

resource with a certain project so that the

performance of the employee is not lowered.

The skills required in performing a certain task

should be taken care of while allocating

resources to a project. Any new project will

require resources and will also demand

availability of specialized resources; the

manager should keep enough room to provide

for such incidents.

Effective resource planning will help ensure

that the performance of the employees is

satisfactory and that all long and short term

goals are fulfilled within the stipulated time

frame. It helps enhance the profit of the

organization and also keeps the morale of the

employees high. You can get in touch with a

reliable planning service provider to give you an

apt solution to the Portfolio resource planning

requirement of your business.

Portfolio Resource planning is very important

for efficient functioning of the enterprise. it is

important that the manger takes care of all the

factors while assigning resources to a certain

project. For more info visit:

http://resourceplanningsummit.com/