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What is a Resource in Project Management?

What is a resource in project management? A resource is a necessary asset whose main role is to help carry out a certain task or project. A resource can be a person, a team, a tool, finances, and time. Most projects require many different resources in order to be completed.

Resources should be assessed and allocated before a project begins. Poor resource planning can result in running out of resources midway through a project, delaying deadlines, and delivery of the final product or service.

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