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Resource leveling :-
Resource leveling is a project management technique that involves resolving overallocation or scheduling conflicts to ensure a project can be completed with the available resources.
Resources include the time, materials, or tools needed to complete a project.
The purpose of resource leveling is to get the most out of available resources while working within the project’s time, cost, and scope constraints.
Resource leveling can be challenging for project managers as it requires balancing the demand for the same resources across multiple projects.
In construction, resource leveling can be used to analyse the large variations in resource usage that can occur over time, and which can be inefficient and costly.
When to use resource leveling ?
Resource leveling prevents resources from being spread too thin while ensuring projects still have what they need to succeed. This technique contributes to not only project management, but also helps maintain work-life balance for the team. Here are some reasons why your team can benefit from resource leveling.
To optimize your resources - Resource leveling lets you get the most out of the resources you have on hand. It helps you assess which projects should receive additional resources and which ones are flexible in terms of deadlines.
To minimize deficits - Resource leveling prevents significant project delays, thereby minimizing the losses in costs and labor. This technique allows you to manage the resource demand without exceeding the company’s current capacity and financial resources.
To prevent task overloading - Overallocation of resources leads to overwork, which can be overwhelming for team members. Resource leveling prevents this by resolving overallocation issues and adjusting deadlines to ensure team members don’t have too much on their plates.
To ensure the quality of a project output - Leveling allows you to manage both resources and client expectations by maintaining the same level of quality for project deliverables. In general, resource leveling can be a useful technique for resolving budget issues, resource overallocation, and project delays.