Resource allocation is used to assign the available resources in an economic way. It is part of resource management. In project management, resource allocation is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time.
Read more about Resource Allocation: Strategic Planning, Resource Leveling, Algorithms
Famous quotes containing the word resource:
“Your kind doesn’t just kill men. You murder their spirits, you strangle their last breath of hope and freedom, so that you, the chosen few, can rule your slaves in ease and luxury. You’re a sadist just like the others, Heiser, with no resource but violence and no feeling but fear, the kind you’re feeling now. You’re drowning, Heiser, drowning in the ocean of blood around this barren little island you call the New Order.”
—Curtis Siodmak (1902–1988)