The Second Resource Management Institute Survey on Resource Management Inhibitors was Expanded to Include Four Different Project-based Domains
Cincinnati, April 30, 2020: The Resource Management Institute, dedicated to the advancement of resource and workforce management thought leadership, has released the results of its second research survey on inhibitors to effective Resource Management. The research included input from four different project-based domains including Professional/Consulting services organizations, Marketing Agencies, Enterprise/IT organizations, and Product Development organizations. Survey data revealed that overall process and automation technology continue to be opportunity areas for RMOs, while growing talent for more sophisticated Resource Management environments continue to grow in importance.
The research report revealed that these four project-based domains continue to focus on process improvements in forecasting and capacity planning, as well as skills inventory management. “Without a data-based view of the future and a useful skills inventory, resource planning becomes a backwards looking and largely useless process,” said RMI Managing Director Randy Mysliviec. “RMI research is clear that poor design and execution of these two essential elements leads to frequent Resource Management process failures.”
The research also collected data on current inhibitors in respondents’ automation tools support for resource management and found a lack of features again tops the list. Participants also cited their automation tools lack sufficient reporting capabilities, data analytics, and integration with other front and back office systems. According to Mysliviec, “the increased sophistication of RMOs is putting more demands on their automation solutions but the overall trending data we have been watching shows that these commercial tools are getting better and dependencies on spreadsheets are on the decline.”
This topic and other resource management issues will be addressed at the third annual Resource Management Global Symposium September 24th – 25th in Dallas, Texas. Resource management has become the new high-water mark in mission-critical capabilities for running successful projects. Resource management professionals can attend the Symposium to learn how to get the right person with the right skills in the right place at the right time.
For information and to register for the event, visit: https://www.resourcemanagementinstitute.com/symposium/.
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.