ABSTRACT
Effective deployment of an organization's resources lies at the heart of portfolio management. An important part of portfolio management is about balancing changing the business with running the business. Portfolio resource management provides mechanisms that allow us to schedule initiatives more effectively, using available resources in a more efficient way. The use of resources has several dimensions. The assignment of each resource to portfolio tasks should reflect the portfolio priorities, focusing and prioritizing the deployment of resources on the most strategically important issues. Resource scheduling at the portfolio level typically focuses on the dynamics of supply and demand, very often simply for scarce resources. Without a clear and accurate understanding of the resource requirements of all categories needed to deliver the portfolio goals and benefits successfully, it is difficult to comprehend how organizations can truly and effectively assess the relative merits of different initiatives.
