Why invest on technology for Resource Planning
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This document discusses the importance of technology in effective resource planning. It notes that resource planning is not simple and requires optimized allocation, flexibility, accurate tracking, and forecasting of resource needs. It states that applying the right technology can help improve efficiency and effectiveness, but that resource management still requires human involvement to be truly efficient and effective.
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Why invest on technology for Resource Planning
- 1. IMPORTANCE OF TECHNOLOGY IN EFFECTIVE RESOURCE PLANNING Rayaz Muthalif
- 2. RESOURCE PLANNING, NOT SIMPLE .
- 3. RESOURCE PLANNING, NOT SIMPLE . Optimized allocation Flexible to respond to changes in project allocations Track resource allocations accurately and timely Forecast resourcing needs
- 4. WHY DON’T WE GIVE RM ITS TRUE PRIORITY FROM THE OUTSET?
- 5. The main between HR and project teams Needs accurate, updated information Needs authority RM
- 6. FAMILIAR? I was allocated as the Architect for the project, but after phase 2, they reallocated me as a Tech Lead as they can no longer bill an Architect. This project will go on for another year. What will happen to my career? How can this guy focus when he is allocated to 3 projects!!
- 7. IMPACT OF INEFFECTIVE RESOURCE MANAGEMENT
- 8. Stress and friction Increased cost Attrition and employee demotivation Impact to the delivery deadline & project failure Loss of sales opportunity
- 9. APPLYING TECHNOLOGY FOR RESOURCE PLANNING
- 10. Purchased part of an ERP/HR solution Purchased, but not part of an ERP/HR solution Homegrown solution Microsoft Project, Microsoft Excel WHAT DO YOU USE FOR RM?
- 11. Tracker for resource requests and status updates List of employees Skill matrix of existing employees Employee profile data THEBASICS
- 12. Workflow for resource allocation Rule-based policy enforcement for resource allocation Proactive alerts/notifications Access to employee data in HRIS Access to the salesforce or related portals YESTERYEAR
- 13. Enhanced search Visual resource scheduling Forecast resource availability models based on current allocations View employee performance trends Access to related data feeds, social feeds CURRENT WAVE
- 14. BEST PRACTICES FOR SELECTING A TECHNOLOGY SOLUTION FOR RM
- 15. Don’t reinvent the wheel- learn from other solutions Don’t go by the feature list and hearsay- run structured trials Don’t be put off by the cost!- do a thorough ROI Be vary of industry buzzwords Extensions to ERP or HR solutions are not your only option Cost of technology and pace will vary
- 16. Technology can immensely help to improve the efficiency and effectiveness of your RM functions BUT RM requires Human Touch to make it truly efficient and effective.