Project management software, Project tracking system, Project planning tool Cloud-based Project Management Software - online resource management, resource scheduling, project planning, time & expense tracking, project billing & cost reporting
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Project management software, Cost accounting, Project tracking system

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Resources

Availability

Term Definition
Availability means capable of being used or the extent to which resources are available to meet the project's needs. As it relates to project management, it typically refers to resources or funding. The level of availability of a resource may vary over time.

Resources cannot be allocated if they are not available. Resource calendars aid in workforce planning and project management. For example, if Joe works Monday through Thursday for 10 hours each day, on a resource calendar he would be unavailable to work on Friday. Knowing when your resources are available is critical for organizations to run effectively. The availability of resources will determine project timelines. You must have the resources needed in order to successfully complete projects. Resources cannot be over or under allocated. If Joe works Monday through Thursday and he is scheduled for project tasks Monday through Wednesday, he would have availability to be assigned to a task. If Joe were not assigned to a task then this would result in bench time. The company would not be making use of Joe as a resource.

Resource calendars can be used for human resources, as well as equipment. Resource calendars help organizations in their resource planning by indicating availability. It would be impossible to run an organization if you did not know when employees would be on vacation, leave, or what shifts they were working. For example, if John is a security analyst who works the 2nd shift and you have a project that requires a security analyst for the 1st shift, a resource calendar would provide you with the data required so that you did not allocate the resource inappropriately. In another example, if the organization has three technicians, and two will be on vacation the same week, then you would not schedule the two absent technicians for projects the weeks that they are on vacation.

Area of Application
Enterprise Resource Planning
Resource Planning

Related Terms
Resource Calendar

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“We needed a professional services automation system that would consolidate our databases, improve our billing and expense processes, and that would be an essential platform for moving us forward for the next five years. That’s why we chose Tenrox.”

IDBS LTD.,
David W.,
Senior Project Manager

Tenrox web based enterprise project management software is a modular solution that helps simplify your, project planning, project tracking, project accounting, expense tracking, enterprise resource / capacity planning, and time and billing.

Traditional project planning and project management software tools put the burden of creating and updating project plans on the managers shoulders. Tenrox makes your project planning and management quicker and easier by using simple and effective workflow tools to help you get the job done quicker and easier.

Our online business project planning and project accounting system is workflow-driven and replaces the spreadsheets and band-aid applications that leave your project-driven work force and processes disconnected. With work breakdown structures to mirror the way you do business, Tenrox allows you to easily map your projects to your corporate structures: Capture and track project data at any level of detail, mirror every business operation area with distinct functional and approval hierarchies, and summarize or drill down into your project workforce financials. Tenrox is the perfect online enterprise project management software solution to align your projects and workforce with your business goals.

With online project management tools by Tenrox, you obtain real-time information on costs, expenses, revenue, profits, project status, schedules and issues, ensuring successful project management planning and delivery. Tenrox Project Workforce Management Software meets the needs of both service organizations for professional services automation and for internal project management offices so you can manage and view both process and financial impact in real time.

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