Why is resource allocation important in project planning?
- To ensure resources are used efficiently
- To increase project costs
- To reduce project scope
- To simplify project timelines
Resource allocation is important in project planning to ensure that resources are used efficiently. By allocating resources effectively, project managers can optimize resource utilization, minimize wastage, and prevent resource shortages or overloads. This helps in completing projects within budget and on schedule, ultimately leading to project success.
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