How long this will take is dependent on your choice of resource. Let’s say one of the activities on your project requires the digging of a 40 x 40 x40 cm hole. If you’ll properly weigh these factors, you should be able to provide accurate estimates for the resources required.īut let’s dig a little deeper here because when choosing resources, it’s imperative that you give adequate consideration to what resource is best to doing a particular job. So even though we focus mainly on the topic of estimating what type of human resources are needed to perform our activities, we should never forget that our activities may also need some or all of the other types.įurthermore, when you estimate resources, you should also consider these four factors here starting with the complexity of the task then the skill level that is required of the resource the organization’s history in doing similar activities and finally, the required resources availability. For any given activity on our project, we may require some or all of these resources here - people, equipment, material, as well as goods or supplies. The Estimate Activity Resources process helps us to identify and quantify the resources required for each activity. But if you fail to understand the required resources then you can expect cost overruns, schedule slippage and possibly total project failure. In other words, if you understand the resource details at the activity level then figuring out the total cost and duration will be a breeze. If you want to follow along in your own PMBOK® Guide, please turn to pages 320 to 327.Ī central theme and estimate activity resources is that you should have a thorough understanding of the resources required for each individual activity in order to achieve an accurate estimate of duration and costs for the project as a whole. We are in Project Resource Management and as the process name implies in the planning process group and we are at the second process Estimate Activity Resources which is defined as the process of estimating team resources and the type and quantities of material, equipment and supplies necessary to perform project work. This important process here will help you estimate and identify the type and quantities of human resources, equipment materials and supplies required to perform each of the schedule activities and the project as a whole.īut first let us see where we are in the overall PMBOK® Guide map. Several factors that influence Activity resource estimating and we discuss the process details and how you need to coordinate with other processes. We go through the various types of resources that are estimated. In this lesson, we discuss the Estimate Activity Resources process. ![]() Hello and welcome to The Project Management PrepCast™ where you can use your ears and eyes to prepare for your exam. Like I said, it’s the right choice! Please visit for all the details. Preparing for your PMP® Exam has never been easier. You can save all 150 lessons on your tablet or on your phone! In that way, your PMP® training course is always in your pocket no matter where you are even if you are offline. This means that you cannot only watch online but even better. The greatest technological benefit that The PM PrepCast™ gives you over other online courses is the fact that it is a podcast that you can choose to download. This free session here will allow you to experience what the course is like and you’ll see that it is the right choice for you too. Thank you for your interest in our Project Management Professional (PMP)® Exam training course.įor over 45,000 students, The PM PrepCast™ was the right choice. I am Cornelius Fichtner and I am the lead instructor. Hello, and welcome to this free lesson from The Project Management PrepCast™. Transcripts are not provided for other PrepCast lessons. Please note that the transcript is provided for promotional purposes only. President, OSP International LLC Transcript We explore the process in detail and review all Inputs, Tools & Techniques, as well as Outputs (ITTOs) that you need to know for the exam. It is closely related to Estimate Activity Durations because without knowing who will be performing a task you cannot estimate precisely how long it will take them. This lesson looks at the second process of the Project Resource Knowledge Area. ![]() The process of estimating team resources and the type and quantities of material, equipment, and supplies necessary to perform project work." This definition is taken from the Glossary of Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) - Sixth Edition, Project Management Institute Inc., 2017. ![]() The first minute of this free lesson is a quick preface about PrepCast features and functionality.
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