Successful project delivery depends on how efficiently organizations utilize their resources. However, firms continuously face challenges such as hiring/firing cycles, employee absenteeism, and unplanned attrition, which can create a resource crunch that adversely affects project workflows and leads to delays.
To manage these workforce risks effectively, firms must intelligently leverage project resource management techniques. It enables managers to maximize billable/strategic utilization of resources and boost profitability. In addition, it allows organizations to accomplish project goals and meet short/long-term business objectives.