This process ensures the availability of planned physical resources, monitoring them against the plan, and taking corrective actions when required. By doing this, the right resources are available to the project at the right time and place and released when no longer required. Physical resources include materials, equipment, infrastructure, and facilities.
Usage of resources is tracked along with their expenditures, shortages, surpluses, their use, and release. Factors influencing their utilization and change management are also addressed. This is achieved using a variety of techniques like cost-benefit analysis, performance reviews, alternatives, trend analysis, problem-solving, negotiation, and influencing.
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