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Question

Why there is a need of management of resources?


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Solution

Resource management:

The practice of planning, scheduling, and assigning people, money, and technology to a project or programmer is known as resource management.

Need for management of resources are:

  1. Resource management provides resource managers with on-demand, real-time visibility into people and other resources, allowing them to better regulate delivery.
  2. You can help your company minimize expenses, enhance efficiencies, and increase production by correctly executing resource management.

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