What is another word for resource management?

Pronunciation: [ɹɪzˈɔːs mˈanɪd͡ʒmənt] (IPA)

Resource management can be defined as the effective and efficient utilization of resources in an organization to accomplish specific goals. Some synonyms for resource management include asset management, resource allocation, resource planning, capacity planning, and resource optimization. Asset management involves tracking, maintaining, and controlling organization resources such as equipment and infrastructure. Resource allocation refers to assigning resources to specific tasks or projects. Resource planning involves forecasting resource needs and developing strategies to meet them. Capacity planning involves determining the optimal levels of resources needed to meet organizational demands. Resource optimization aims to ensure that resources are maximally utilized to achieve the desired outcomes. All of these phrases represent different aspects of the same goal of effectively using resources in business.

Synonyms for Resource management:

What are the hypernyms for Resource management?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Resource management

  • I have long believed these types of collaborative agreements are a far better approach to federal land management than the contentious battles that too often sidetrack proper resource management.
    Michael K. Simpson

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