In organizational studies

Organizational studies

Organizational studies, sometimes known as organizational science, encompass the systematic study and careful application of knowledge about how people act within organizations...

, resource management is the efficient and effective deployment of an organization's resources when they are needed. Such resources may include financial resources, inventory, human skills, production resources, or information technology (IT). In the realm of project management, processes, techniques and philosophies as to the best approach for allocating resources have been developed. These include discussions on functional vs. cross-functional resource allocation as well as processes espoused by organizations like the Project Management Institute

Project Management Institute

The Project Management Institute is a not-for-profit professional organization for the project management profession with the purpose of advancing project management.- Overview :...

 (PMI) through their Project Management Body of Knowledge

Project Management Body of Knowledge

A Guide to the Project Management Body of Knowledge is a book which presents a set of standard terminology and guidelines for project management. The Fourth Edition was recognized by the American National Standards Institute as an American National Standard...

 (PMBOK) methodology of project management.