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Chapter 8. Defining Resources and Costs > Understanding Resources and Costs

Understanding Resources and Costs

The most important resources for a project are the people who do the work, but you also have to provide those people with the facilities in which to do the work and the equipment and materials they need to do their jobs. The cost of a project is usually based on the sum cost of all the resources needed to complete each task.

Defining Resources

The term resource refers to the people and assets that must be assigned to work on a task until it is completed. Resources include workers, supervisors, managers, the plant and equipment, facilities, supplies, and materials. You might also choose to assign as resources people who don't actually work on the task or whose work you do not need to measure (such as outside contractors or vendors), but whose name you want associated with the task. The list of resources available for work on a project is known as the resource pool.


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