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Resources Allocation For Public
Projects
Economic Resources
Economic resources are the goods or services available to individuals and businesses
used to produce valuable consumer products
Example:
Land Resources
Labor Resources
Capital Resources
The Three Most Basic Resources
Land Resources
Includes all natural resources (“gifts of nature”) used in the production process, such as
arable land, forests, mineral and oil deposits, and water resources
Labour Resources
Consists of the physical and mental talents of individuals used in producing goods and
services.
Capital
Refers not to money but to tools, machinery, and other productive equipment.
Resources in project Management
Things used to execute a project
 Budge
 People
 Technology
 Time
 Space
 Tools
 Equipment's
Resources Allocation
Resource allocation is used to assign the available resources in an economic way
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.
Resources Allocation Plan
Basic Allocation Decision
oThe choice of which items to fund in the plan
oWhat level of funding it should receive
oWhich to leave unfunded
oThe resources are allocated to some items, not to others
Contingency Mechanism
A:
There is a priority ranking of items excluded from the plan, showing which items to fund if
more resources should become available.
B:
There is a priority ranking of some items included in the plan, showing which
items should be sacrificed if total funding must be reduced.
Example
o3 job classes
oDW consumer Group
oOLTPconsumer Group
oOther Consumer

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Resources allocation for public projects

  • 1.
  • 2. Resources Allocation For Public Projects
  • 3. Economic Resources Economic resources are the goods or services available to individuals and businesses used to produce valuable consumer products Example: Land Resources Labor Resources Capital Resources
  • 4. The Three Most Basic Resources Land Resources Includes all natural resources (“gifts of nature”) used in the production process, such as arable land, forests, mineral and oil deposits, and water resources Labour Resources Consists of the physical and mental talents of individuals used in producing goods and services. Capital Refers not to money but to tools, machinery, and other productive equipment.
  • 5. Resources in project Management Things used to execute a project  Budge  People  Technology  Time  Space  Tools  Equipment's
  • 6. Resources Allocation Resource allocation is used to assign the available resources in an economic way 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.
  • 7. Resources Allocation Plan Basic Allocation Decision oThe choice of which items to fund in the plan oWhat level of funding it should receive oWhich to leave unfunded oThe resources are allocated to some items, not to others
  • 8. Contingency Mechanism A: There is a priority ranking of items excluded from the plan, showing which items to fund if more resources should become available. B: There is a priority ranking of some items included in the plan, showing which items should be sacrificed if total funding must be reduced. Example o3 job classes oDW consumer Group oOLTPconsumer Group oOther Consumer