What is Resource Capacity Planning?
Resource capacity planning is the process of assessing resource requirements and allocating resources to meet project needs. It helps businesses identify how much resource is available to support a given project so they can plan accordingly and make better decisions about resource allocation.
Resource capacity planning requires a thorough understanding of resource availability and the resources a project needs. First, you need to assess your resource availability by determining what personnel, equipment, supplies, and materials the job needs and how much of each resource you have. Then, you can match those resource needs with existing resources or purchase additional ones to fill the gap.
Resource capacity planning also involves forecasting future resource needs. That includes considering factors, such as expected demand for services or products, changes in technology, and changes in resource availability due to employee turnover or other factors.