If you try searching Google for data on the ROI of resource planning or resource management, you won't find much, if anything. You'll find lots of articles on the ROI of Enterprise Resource Planning tools, such as SAP, etc., and some on the ROI of portfolio management in general, but resource planning in the context of project portfolio management is an underserved area, and especially so when it comes to the value of it.
It's a shame, because resource planning is the single most important thing you can do to improve project throughput, boost productivity, and increase value delivery. If you balance capacity with prioritized demand, good things tend to happen. In fact, organizations that implement resource planning can gain on average approximately 30% of the value of their project portfolio. Do the math. It's usually a lot of money. And that doesn’t even touch on the exponential intangible benefits.
Where does such a lofty estimate come from? It just so happens that I did the research on this and wrote a white paper on the ROI of Resource Planning. And if anything, this estimate is on the low end.
You can download The ROI of Resource Planning for free HERE. Happy reading!
Jerry Manas is the bestselling author of The Resource Management and Capacity Planning Handbook, Napoleon on Project Management, and more. At PDWare, Jerry helps clients improve strategy execution through tools and processes that align people and work with organizational priorities. Connect with Jerry on Twitter and LinkedIn.