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 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 or delaying deadlines in delivering the final product or service.

Further reading:

• Smart Ways to Manage Your Team’s Resources with Wrike
• Why You Need to Record Your Project Management Lessons Learned: Tips & Templates
• The Ultimate List of Legal Resources for Startups