It’s 3:00 pm on a Friday when your most important client calls with an urgent request that your firm must absolutely complete by morning. It won’t be easy. You spend over an hour figuring out who is available to work, since your system is disorganized and out of date, but you still can’t guarantee that everything will go smoothly. There’s just too much you cannot see.
And you can’t be expected to predict the future, right? You can’t expect to know exactly how much extra to bill the client for last-minute work, or precisely how many extra hours to request from your client to complete a project, or whether your best worker is available for the next six months.
In fact, you can easily know all of those things, and it’s easy to do. That’s where resource allocation helps you.
What Resource Allocation Does
Resource allocation is when you look at the resources, staff and time, you have, and you plan your project based on when your resources are available. It’s simple. If you know exactly what you have today, you can make reliable plans for tomorrow, or for weeks to come.
That’s why so many people use resource allocation tools to make their jobs easier. No matter the size of the firm, a lot of project managers depend on resource allocation software to quickly and easily answer questions like:
How You Benefit from Resource Allocation Software
When you relieve the stress of doing every detail of project planning, and you let the software do the resource allocation for you, then your entire firm can instead focus on hard work. No more over-complicated spreadsheets, no more educated guesses and no more doubting yourself. Know your business.
When your firm starts using resource allocation software to manage its projects, you’ll start to notice changes around the office:
When You Should Do Resource Allocation
It’s not enough to know what resource allocation is. To be successful, a project manager must also know when to use a resource allocation tool, and when to depend on a different management strategy. Here are some situations when using resource allocation software for project management makes a lot of sense:
Those are all great times to depend on your resource allocation software, which helps you do the best project management you can, no matter the challenge.
If you think that a resource allocation tool could help you and your firm, please contact us to request a demo of BigTime, our top-rated project management software.