RMI Survey: Resource Management Continues to be a High Priority in the Selection of PSA/PPM Tools for Companies Conducting Project-based Work

Latest Research Report is the Resource Management Institute’s Third In-depth Look into the Role of Automation Tools for Resource Management in Four Different Project-based Domains

Cincinnati, February 5, 2021: The Resource Management Institute, dedicated to the advancement of resource and workforce management thought leadership, has published its third research report on resource management capabilities in PSA/PPM and stand-alone automation solutions. The report is the industry’s most in-depth look yet into the role of automation tools for resource management in Professional/Consulting services, Marketing Agencies, Enterprise/IT services, and Product Development organizations.

While clear progress is being made in areas like forecasting and provisioning for a skills database, RMI research found that software vendors need to continue to improve resource management functionality with more focus on process support, data analytics, and business intelligence to improve operational outcomes and reduce manual effort required to run an effective Resource Management Office.

Another key takeaway from this latest research showed spreadsheet dependence continues to hinder progress in improving the timely provisioning of actionable information from resource management automation systems. Identification of spreadsheet driven tasks should be an important part of requirements planning for automation tools to minimize future dependence on them.

“Our third report on resource management automation solutions continues the groundbreaking research in this area and shows vendors are noticing and have begun to prioritize needed functionality identified by buyers and the RMI,” said RMI Managing Director Randy Mysliviec. “The fact that most project failures are due to poor resource management, not project management, makes the choice of strong resource management processes critical. The tools that automate those processes will dominate buyer priorities in the PSA and PPM space for the foreseeable future.”

This topic and other resource and workforce management issues will be addressed at the next Resource Management Global Symposium September 23rd – 24th at the Dallas/Fort Worth Airport Marriott in Dallas, Texas. The 2021 Symposium will be expanded and enhanced with more content choices, advanced topics for more experienced resource management professionals, and expanded networking opportunities with industry peers. 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.