Estimate Activity Resources used to be a part of the Schedule Management Knowledge Area but with PMBOK 6 it has moved to the Resource Management Knowledge Area.
As the name implies, this process is all about estimating the resources used in the project. You might have guessed by now that this process would require several inputs. But if you have come this far into the study of Project Management, you already know all the inputs for this process except Resource Calendars.
While knowing all the resources required for the successful project is important, it is much more important to know their availability. Resource Calendars contain the information about resource availability. Do note that resources like consultants, testing environments, training rooms aren’t readily available and need to be scheduled in advance
Of all the outputs of this process, the most important one is a Resource Breakdown Structure (RBS). The RBS is basically a hierarchical model used to identify, list, and break down the resources used in facilitating and completing a project. The RBS includes, at a minimum, the personnel resources needed for successful completion of a project, and preferably contains all resources on which project funds will be spent, including personnel, tools, machinery, materials, equipment and fees and licenses. Do note that money is not considered a resource in the RBS, only those resources that will cost money are included
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Thank you for sharing this informative post about the Estimate Activity Resources process and the importance of having a Resource Breakdown Structure (RBS) and Resource Calendars in project management. I completely agree that accurate estimation of resources is crucial to the success of any project, and having well-defined RBS and resource calendars can greatly help in achieving that. In my experience, the RBS provides a clear and structured way to break down the project into manageable components and identify the resources needed for each of them. It helps in avoiding duplication of efforts and ensures that resources are utilized optimally throughout the project. Additionally, resource calendars provide a centralized view of resource availability, enabling project managers to schedule activities effectively and avoid resource conflicts.
Thanks for sharing your thoughts.