Project Management Guide
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What is Resource Allocation in Project Management?

Resource allocation is the process of assigning and scheduling available resources in the most effective and economical way possible. Projects will always need resources but they can often be scarce. The task, therefore, lies with the project manager to determine the proper timing and allocation of those resources within the project schedule.

So, what is resource allocation in project management? It is the management and delegation of resources throughout a project to ensure that it runs as smoothly and successfully as possible.

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