For decades, finance functions allocated resources based on historical data, intuition and a fixed annual budget cycle. This approach provided a stable foundation in predictable markets but lacked the ...
State and local governments are increasingly being asked to do more with less. Aging infrastructure, shifting populations and the accelerating effects of climate change are forcing leaders to stretch ...
When resources are limited and demand exceeds supply, allocation becomes a problem. How that problem is solved depends largely on the nature of the resources themselves. When the resources are ...
What is Resource Allocation and Multi Project Scheduling (RAMPS)? assigning assets to various ongoing projects to maximize achieving an organization’s strategic goals, abbreviated RAMPS. Resource ...
In last Thursday's article, we started off with some of the basics of resource allocation as practiced in official budgeting, may it be national or local, or in any subdivision of the government.
The coronavirus disease 2019 (COVID-19) pandemic raised the possibility of overwhelming demand for critical care resources, necessitating the creation of resource allocation frameworks. The working ...