In 2003).Some important terms those deals with resource management

In
this research the focus will be on the most primary challenge which is resource
allocation problem within a multi-project environment(Engwall, M. & Jerbrant,
A., 2003).Some
important terms those deals with resource management are the resources, proper
data and utilization or allocation(Bowen, 2009). It is very
important to know about what is resource before managing it.  A resource
may be a human resource (employee), financial resource, can also be a product,
instrument to be sold or obtained, skills, technology, information, or raw
materials for production. Similarly having proper data is important as well for
effective resource manage that includes demand for resources, available
resource and how the resources will fit into the demands. The most important is
utilization or allocation. Resources are to be required to be used to the
maximum capacity for the minimum amount of cost and tasks should be distributed
to the resources in a fair and balanced manner(Bowen, 2009).According to some literatures(Engwall, M. &
Jerbrant, A., 2003)(Huemann M., 2007)(Fricke S. E., 2000), limited resources ,
sharing of available resources among projects , priority  based selection of projects  and resource re-allocation , competition
between projects for common resources were seen as some of the problems
identified in the multiple project environment. 
The study on “A competency model
for effectiveness in managing multiple projects” identifies also the
existence of complications between projects and operations in multi-project
environments in terms of resource availability and interdependency of projects(Patanakul P.,
2008)
. According to the study, even though the projects are independent on the basis
of project goals or deliverables, they are often grouped to achieve more
efficiency for better uses of resources and better management that leads to
interdependencies among the projects.

In a study(Alber, 2014) of classification of
human and automated resource allocation approaches in multi project management,
the stress of study was applied on how the different multi project management
managerial perspectives approach on organizing resource allocation. The
study  states that  the allocation problem is complex because of
sharing of scarce resource as it create dependencies between projects .It also
states how solving the resolving the resource allocation problem is crucial for
the performance of the organization  as a
resource problem in one project can easily cause problems in many other
projects. The different management approaches discussed such as  Heuristic Operational Research  , Buffer management , Agile by using scrums
or scrums , multi agent auction based methods , resource sharing policies ,
systems management  explains about
various characteristics of the approach and how the resource allocation is
organized .For example in case of buffer management approach , uncertainty and
critical chain concept are frequently used. Similarly in resource sharing
policies, the approach is designed to deal with the inevitable conflict within
a matrix organization between project, resource and portfolio management. In
contrast, resource allocation is organized in decentralized way in Multi agent
approach. Agile Scrum is considered to be the flexible scope management system
where the multidisciplinary teams with a high level of self-organization
execute the work in sprints and System management regulates the resource
allocation on the basis of the feedback loop. The analysis of these various
multi project management approaches reveals that most of them are based on
automated centralized decision taking. The popular approach in the IT industry
was also found to be the Agile Scrum that takes advantage of decentralized
human decision taking and self-regulation (Alber, 2014).

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