Strategies, Benefits and Best Practices [Video]

Capacity planning is an issue of supply and demand: one that can decide the fate of your project or business. Read on to learn about the resource capacity planning strategies and best practices you can use to allocate resources efficiently.

What Is Resource Capacity?

Resource capacity is the total amount of work that can be achieved with the resources available to an organization. Understanding this allows decision-makers to determine if there are sufficient resources to execute projects or operational activities.

This concept or resource capacity planning applies to virtually any organization from industries such as construction, manufacturing, IT and professional services, just to name a few.

When managing the resource capacity of a project, business or nonprofit, it’s important to consider the gap between the design capacity and the effective capacity of the organization.

• Design capacity:The total amount of work or deliverables that can be produced using the full capacity of resources such as labor, …