Problem:
In this case study discussion, you will explore resource allocation, multi-skilled resources, and a flexible resource management approach. Review Flexible Resource Management and Its Effect on Project Cost and Duration as needed to ensure you are ready to complete this discussion.
Discussion Prompt:
Does the approach outlined in the case study effectively address the complexity of resource allocation in multi-project environments? Why or why not? What unique challenges might arise in such environments? Need Assignment Help?
What are the potential benefits and limitations project managers should anticipate when implementing flexible resource management practices?
What role do multi-skilled resources play in the effectiveness of the flexible resource management approach outlined in the case study, and what strategies do you think organizations should use to build and sustain a highly adaptable, multi-skilled workforce?
Flexible resource management and its effect on project cost and duration
Denis C. Pinha1 • Rashpal S. Ahluwalia1 Received: 8 October 2016/Accepted: 31 May 2018/Published online: 9 June 2018 The Author(s) 2018
Abstract
In practice, most projects result in cost overruns and schedule slippage due to poor resource management. This paper presents an approach that aims at reducing project duration and costs by empowering project managers to assess different scenarios. The proposed approach addresses combinatorial modes for tasks, multi-skilled resources, and multiple calendars for resources. A case study reported in the literature is presented to demonstrate the capabilities of this method. As for practical implications, this approach enhances the decision-making process which results in improved solutions in terms of total project duration and cost. From an academic viewpoint, this paper adds empirical evidence to enrich the existing literature, as it highlights relevant issues to model properly the complexity of real-life projects.
Keywords
Resource management
Project scheduling
Discrete event simulation
Decision support system