Precursive Pillars

RESOURCE MANAGEMENT SOFTWARE FOR PROFESSIONAL SERVICES

WHAT IS RESOURCE MANAGEMENT?

Resource management is the process of optimizing the deployment of your human capital and is a vital component of project management. It involves the strategic overview of allocation, utilization and capacity during planning and scheduling phases, the aim of which is to manage such processes in a methodical way in order to maximize efficiency to ensure the successful execution of projects. It begins with workforce planning, which entails identifying the skills, expertise, and roles required for the project; successful resource management will mean the right resources are made available for the right work at the right time.

By accurately assessing the project's needs, project managers can assemble a team with the right mix of talents to accomplish project objectives effectively. Through effective resource management, including monitoring of team performance and progress, managers can address any challenges, provide necessary support, and reallocate resources if needed. Project managers can also optimize the capabilities of their staff, enabling them to contribute more effectively to project success via alignment of skills with project requirements.

Below are the key pillars to resource management:

• Demand planning

• Allocation

• Scheduling

• Aggregation

THE 4 STEPS OF RESOURCE MANAGEMENT

To kick start allocation and scheduling

REVIEW TALENT AVAILABLE

When reviewing current capacity, availability is a key consideration but also look to map needs against work typically carried out.

FIND SKILL GAPS

Which skills are surplus to requirements and what skills, needed to complete the work effectively, are missing? Ensure this question is answered ahead of time.

ACCESS FUTURE PIPELINE

Once you know the skills and experience most commonly used, you can check for synergy to the upcoming pipeline and if its aligned with the business objectives.

FIX SKILL GAPS

HR/talent management can be kept in the loop so they know if there’s time to either develop the workforce internally, or come to a richer talent pool.

WHY IS RESOURCE MANAGEMENT IMPORTANT?

Resource management at its core is about transparency so you're able to monitor and attain what is needed to deliver each project. It allows you to reduce overutilization of resources and idle time, two factors which can majorly impact the efficiency of your team. With full visibility of work and resources alike, you can much more effectively schedule, plan, and allocate resources, ensuring they are on the right projects.

Companies that have a key focus on improving their resource management strategy experience benefits almost immediately. When the data is in place to plan and schedule, allocating workers based on their skills and availability becomes easy, and managers give their customers the right expectations when they have a much better understanding of timelines, budgets, and priorities.

Companies that don't have a good resource management process will often have too few people working on too many projects. Employees that are over-utilized can quickly become frustrated, leading to poor productivity and performance and eventually burnout. With a more predictable and consistent workload, employees whose skill sets are utilized optimally will feel much more valued and satisfied.

"Precursive was a deliberate investment to support this focus on the client and our ability to proactively staff our projects with the right resources to deliver value for our clients. Precursive helps us find white space for sales to drive new revenue."

TORRENT DRIVES FASTER MOBILISATION OF TEAMS WITH RIGHT SKILLS ON RIGHT PROJECTS WITH PRECURSIVE PSA.

Daniel McCollum.

CEO | Torrent Consulting

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PRECURSIVE MAKES RESOURCE MANAGEMENT EASY

Resource planning and capacity forecasts can be managed easily, all from Salesforce. Precursive allows you to stay ahead of customer demand by forward planning based on real-time information on your sales pipeline, in-flight engagements and your utilization forecast. Precursive makes use of the Salesforce reporting engine meaning you can generate robust insights using data and analytics on services performance.

RESOURCE SCHEDULING

Schedule resources daily, weekly or monthly with an easy-to-use planner. Reallocate work when things change on projects.