Estimate Activity Resources
Estimate Activity Resources is the process of estimating the team resources and the type and quantities of materials, equipment, and supplies necessary to perform each activity.
Explanation
This process identifies the type, quantity, and characteristics of resources required to complete each project activity. It works closely with the Estimate Costs process as resource costs are a significant component of project costs. The process is performed periodically throughout the project as needed.\n\nKey inputs include the resource management plan, scope baseline, activity list, activity attributes, and resource calendars. The process uses tools such as expert judgment, bottom-up estimating, analogous estimating, parametric estimating, data analysis (including alternatives analysis), and project management information systems.\n\nThe primary outputs are resource requirements (which identify the types and quantities of resources needed for each work package or activity) and the resource breakdown structure (RBS), which is a hierarchical representation of resources by category and type. An updated assumption log is also produced.
Key Points
- •Determines specific resource types and quantities for each activity
- •Closely linked to the Estimate Costs process
- •Produces resource requirements and the resource breakdown structure
- •Uses bottom-up, analogous, and parametric estimating techniques
Exam Tip
Do not confuse Estimate Activity Resources (how many and what type of resources) with Estimate Costs (how much the resources will cost). They are separate processes that inform each other.
Frequently Asked Questions
Related Topics
Resource Breakdown Structure
A resource breakdown structure (RBS) is a hierarchical representation of resources by category and type used to facilitate planning and controlling of project work.
Plan Resource Management
Plan Resource Management is the process of defining how to estimate, acquire, manage, and use team and physical resources for a project.
Resource Calendars
Resource calendars identify the working days, shifts, start and end of normal business hours, weekends, and public holidays when each specific resource is available for project work.
Estimate Costs
Estimate Costs is the process of developing an approximate monetary assessment of the resources needed to complete project activities.
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