Your 15-year old relative, Jordan, hears you talking about resource management at a family event and...

Your 15-year old relative, Jordan, hears you talking about resource management at a family event and asks you to explain what that means. You very kindly offer to, after the event, compile a mind map to explain the concept, and to email it to Jordan.

Expert Solution

Resource management is defined as the utilisation of the available resources in an effective and efficient manner . This term is generally used for the work in organisation , the resources may include human skills , finincial , inventory, priduction resources . So, in resource management the work is to arrange and allocate available resources to meet the aim of effective and efficient use .

Let's take an example of the wedding only in which we talked about this term -

In wedding , the person who was organizing the event would like to organise so that maximum benefit could occur to him interms of money without compormising with the quality of services . So, for that he needs to do optimization of resources . Example according to the guests comming he would allocate waiters proportional to that , not much because it would be waste of money and not less because it could compormise with service .

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I tried to explain in most simple manner. For more clarification kindly comment. Thank you.

Ally Wells answered 1 year ago

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