The next release of TeamWorks PPM includes some very exiting tools to help organisations with their capacity planning and forecasting.
A major problem when undertaking capacity planning is being able to capture the resource demands for projects that are still in the pipeline. Typically you won’t have full visibility of who is doing the work or the exact work to be done. So trying to describe your resource needs using a project plan is a non starter. Read more…
Resource Management, TeamWorks
TeamWorks release 3.3
If you are a software development or professional services organisation, getting your resource levels and skills mix right is pretty key. Resources are probably the biggest cost to your business and also the biggest revenue generators. The method to do this is called capacity planning or resource forecasting.
If you are after an example of how to do this in Excel then scroll down this post.
To perform effective capacity planning we should first go back to basics and get some terms straight. Read more…
Resource Management, TeamWorks
excel, resource capacity planning, resource forecasting, spreadsheet, xls
A recent survey found that four out of five project managers see resource management as one of their most important tasks. Yet more than half rely on spreadsheets to perform this important process.
Let’s be clear what we mean by resource management:
- A database of skills and capabilities in the organisation.
- What capacity (or supply) of resources an organisation has.
- Visibility of what demands are currently being made on resources.
- Visibility of what demands are likely to be made on resources in the future.
- Shortfalls or over supply of resources over time.
- Understanding what allocations of resources are currently in place.
So as you can see, it is a pretty tricky picture to put together. And one that is difficult and error prone in a spreadsheet based solution. So why not use a tool designed specifically for the job.
You can read the full article here at Project Manager Today.
Resource Management
project management, project management software, reesource management, resource management software, TeamWorks
