46. PMP | what are resource optimization techniques in project management
This PMI PMP project management video explains about the various resource optimization techniques that are used in project management.
As per PMP PMBOK guide, there are two methods used in resource optimization techniques.
1.Resource levelling
2.Resource smoothing
First resource optimization technique is resource levelling.
As per PMP PMBOK-5 guide,resource levelling technique ,in which start and finish dates are adjusted based on resource constraints with the goal of ,balancing demand ,for resources with the available supply.
Second resource optimization technique is resource smoothing.
Resource smoothing technique that adjusts the activities of a schedule model such that ,the requirements for resources on the project do not exceed certain predefined resource limits.
In resource smoothing ,as opposed to resource levelling, the project’s critical path is not changed and the completion date may not be delayed.