Minimum Resource Management

The basic approach to resource management in most businesses suggests that the commitment of minimum amount of resources required is the proper amount to commit.

This is a logical way to reduce risk and increase opportunity or success. You must review your limited resources available and start working them.

Several ways to approach the minimum commitment:

1. You can do a pilot test approach in which minimum commitment yields significant information.

2. Design your project where you move forward using incremental steps and you can evaluate resources used as you progress from step to step.

3. You can lease before committing to buy

4. You can use part time and temporary staffing

The idea is that you commit only as much resources to get things done and no more.

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Here are more pages regarding Business Planning:

Go to Business Planning Page

Go to Planning Process Page

Go to Setting Objectives Page

Go to the Priority System Page

Go to the 80/20 Rule Page

Go to the Opportunity Cost Page

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