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Portfolio Resource Management


Portfolio Resource management: model is like portfolio earned value model as it also deals multiple projects at one place. In RMP user will be able to analyze data at resource level it can be material resource labor resource or non-labor resource. This model does not provide performance-based information, which is Earned value analysis, rather it generates reports from resource management point of view. This model will enable users to see how many resources they have in their organization, in which project the resources are deployed and what type of trades are being used in each project, how many of the resources are used at any particular time period, how much quantity is remaining and most likely what are the peaks and lows of manpower or machinery or quantity in each project. These reports will help management to foresee that when they need the resources and when they can release them, or from which project the resources can be shifted to another project without effecting the other project.