All elements used to develop a software product may be assumed as resource for that project. This may include human resource, productive tools and software libraries.
The resources are available in limited quantity and stay in the organization as a pool of assets. The shortage of resources hampers the development of project and it can lag behind the schedule. Allocating extra resources increases development cost in the end. It is therefore necessary to estimate and allocate adequate resources for the project.
Resource management includes -
● Defining proper organization project by creating a project team and allocating responsibilities to each team member
● Determining resources required at a particular stage and their availability
● Manage Resources by generating resource request when they are required and de-allocating them when they are no more needed.