This is the third Resource Management Institute research report on resource management inhibitors and was expanded to include five different project-based domains.
Cincinnati, June 9 2022: The Resource Management Institute, dedicated to the advancement of resource and workforce management thought leadership, has published the results of its third research survey on inhibitors to effective Resource Management. The research included input from five different project-based domains including Professional/Consulting services organizations, Marketing Agencies, Enterprise/IT organizations, Product Development organizations, and, recently added to the Survey Series, input from Accounting, Audit, Tax and Advisory organizations. Research data revealed, as the need for more sophistication grows for RMOs, the lack of process design and supporting automation technology lead the list of inhibitors to effective resource management.
The research report revealed that most firms continue to have issues with process design, implementation approach, training, or some combination of these three factors. Similar to prior surveys, forecasting and capacity planning, and developing a skills inventory continue to be areas requiring improvement as well.
“Without good forecasting supported by a well-designed skills database, resource planning becomes a backwards looking and largely useless process,” said RMI Managing Director Randy Mysliviec. “Poor design and execution in these areas continues to lead to frequent resource management process failures amongst our membership.”
The research also reflected data strategies and capture continues to be a critical lynchpin for acceleration of progress with the resource and workforce management discipline indicating demand for better dashboards, additional analytics, improved data integration, and potential applications for artificial intelligence.
A full copy of the published research report on Inhibitors to Effective Resource Management is available at https://resourcemanagementinstitute.com/rmi-survey/.
About Resource Management Institute (RMI)
The Resource Management Institute is dedicated to the advancement of resource and workforce management thought leadership, best practices and standards, globally recognized credentials that certify resource management expertise, and tools and resources necessary for effective and efficient management of human capital intensive businesses. The Resource Management Institute was created to provide the resource and workforce management community a vehicle to advance the discipline of resource and workforce management, and further the interests of the people who make up this community and the companies they work for. Visit us at www.resourcemanagementinstitute.com, on Twitter and on LinkedIn.