Page 230 - DCAP304_DCAP515_SOFTWARE_PROJECT_MANAGEMENT

Software Project Management

Notes 9. ………………….. involves identifying the critical resources that need to be planned and
managed for the successful completion of the project.
10. In a ……………………. environment as projects are competing for scarce resources, resource
allocation addresses the problem of the optimum use and timing of the assignment of these
resources to the various project activities.

11. ……………………….. involves determining the aggregate resources that will be needed,
period by period, to complete all project activities.

11.4 Resource Schedule and Cost Schedule

11.4.1 Resource Schedule

It helps you to identify all of the resources required to complete your project successfully.

Using this Resource Plan, you will be able to identify the quantity of labor, equipment and
materials needed to deliver your project.
You will then create a resource schedule, which enables you to plan the consumption of each
type of resource, so that you know that you will have enough resources to complete the project.
This Resource Planning template will help you identify the:
 Types of labor required for the project

 Roles and key responsibilities for each labor type
 Number of people required to fill each role
 Items of equipment to be used and their purposes

 Types and quantities of equipment needed
 Total amount of materials needed
This Resource Plan template will also help you to:
 Plan the dates for using or consuming these resources
 Identify the amount of resource required per project activity

 Create a detailed resource utilization schedule.

11.4.2 Cost Schedule

Cost planning ensures value for money and responsible management of public monies of a
capital project’s finances, including the requirements set out in the code of practice for the
building and construction industry.
Utilising all the cost planning estimates templates (CPA, CPB, CPC1, CPC2, CPD), guarantees
that a project can be costed as accurately as possible, as well as assist in the determining of the
economic building lifespan and all future redevelopments that may occur and their estimated
costing.

Cost planning is to allow for options to be analysed and may be required to determine best
value for money by assessing recurrent costs over the life of the facility, as well as the capital
cost. The cost planning and analysis may include a comprehensive cost-benefit analysis or cost-
effectiveness analysis for the preferred option. Throughout the life of a project; project objectives,
client requirements or social, economic and environmental conditions may change. This can

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