Now that you have gained access to the resources, explain how you will manage the resource allocation i e how will you allocate resources for each task For example ABC Group outline a 6 step process for allocating resources by 1 Dividing the project into tasks, 2 Assigning the resources, 3 Determining resource attributes, 4 Inspecting the resources to ensure their use is as smooth as possible 5 Re allocating resources as necessary and 6 Tracking the resource utilization by calculating the billable time that the resource is actually being used 2 Develop a procedure and or monitoring system that can be used to review and monitor the usage and success of resources in meeting business or project objectives Your monitoring program should include a variety of measurements which will enable you to report to your organisation and stakeholders about your activities, these should include current status of the project current resources being use what data or metric systems you will use to monitor the resources the timelines for resource monitoring ( daily weekly monthly) KPI's involved in successful resource allocation ( how will you know that your resource is being used sufficiently) How you will gather feedback from stakeholders involved in the resource allocation (Background Information (The resource plan that has been developed includes a total budget of $20,600 This budget will be used for multiple resources, including a Kiln, staff training, a recruitment company, subscriptions to software and Canva and other social platforms The Kiln and the subscriptions to software and Canva will be used on an ongoing basis as part of the business's long term plans The staff training needs to be completed as soon as possible so that the new machinery can be used The recruitment company will be used for a single project, to recruit staff for the new positions opened I am aware that the current budget is sufficient to cover the cost of all of the resources, however, I am inquiring as to whether the use of existing resources within the business is possible, or if there is a need to purchase or procure new resources If the use of existing resources is possible, I am requesting your approval to do so, and if there is a need to purchase or procure new resources, I am requesting your approval to do so within the allocated budget of $20,600 )

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Now that you have gained access to the resources, explain how you will manage the resource allocation i.e. how will you allocate resources for each

Now that you have gained access to the resources, explain how you will manage the resource allocation i.e. how will you allocate resources for each task.

For example ABC Group outline a 6 step process for allocating resources by 1. Dividing the project into tasks, 2. Assigning the resources, 3. Determining resource attributes, 4. Inspecting the resources to ensure their use is as "smooth" as possible. 5. Re-allocating resources as necessary and 6. Tracking the resource utilization by calculating the billable time that the resource is actually being used.

2. Develop a procedure and/or monitoring system that can be used to review and monitor the usage and success of resources in meeting business or project objectives. Your monitoring program should include a variety of measurements which will enable you to report to your organisation and stakeholders about your activities, these should include:

current status of the project
current resources being use
what data or metric systems you will use to monitor the resources
the timelines for resource monitoring ( daily/weekly/monthly)
KPI's involved in successful resource allocation ( how will you know that your resource is being used sufficiently)
How you will gather feedback from stakeholders involved in the resource allocation

(Background Information: (The resource plan that has been developed includes a total budget of $20,600. This budget will be used for multiple resources, including a Kiln, staff training, a recruitment company, subscriptions to software and Canva and other social platforms. The Kiln and the subscriptions to software and Canva will be used on an ongoing basis as part of the business's long-term plans. The staff training needs to be completed as soon as possible so that the new machinery can be used. The recruitment company will be used for a single project, to recruit staff for the new positions opened.

I am aware that the current budget is sufficient to cover the cost of all of the resources, however, I am inquiring as to whether the use of existing resources within the business is possible, or if there is a need to purchase or procure new resources. If the use of existing resources is possible, I am requesting your approval to do so, and if there is a need to purchase or procure new resources, I am requesting your approval to do so within the allocated budget of $20,600.)