significance of integrating human resource management and cost estimation in managing project resources effectively and developing a project budget.

The Project Management Institute defines human resource management as the art and science of directing and coordinating human resources throughout the life of a project, by using administrative and behavioural knowledge to achieve predetermined project objectives of scope, cost, time, quality and participant satisfaction. The following requires your explanation and justification with reasons: a) A project leader is clearly one who leads a project team during the project life cycle and accomplishes the project objective on time and within budget. Briefly discuss the types of leadership, relationship between task and behaviour in various situation with the illustration of appropriate sketch.

Which of the following statements below regarding the process of developing a project budget is true?The project manager should refer to the responsibility matrix when developing the budget.Overhead costs show the costs of external resources utilized by the project.The project manager may refer to budget estimates from prior projects.Budgeting for effort includes the costs for all non-people resources.

Why is resource planning important in project management?Grupo de elecciones de respuestaTo evaluate stakeholder engagementTo efficiently distribute resourcesTo monitor project expensesTo create project timelines

Considering the given scenario, you are required to write a professional report presenting information in relation to human resources and people management, including effective planning and scheduling of projects, as well as theories and practical considerations of resource management. The report should highlight the relevant processes and techniques used in estimating and managing human resources and other resources allocated to construction projects, including the steps involved in resources allocation and distribution. Project Scenario Following your brilliant completion of a degree in Construction Management, you have just been employed as an Assistant Project Manager in one of the renowned local construction companies that has over the years established a great reputation on multiscale design and built projects across England. The organization is aiming to integrate new and diversified management methods into their practice. Early this year, in its constant effort to secure decent housing for the less privileged, the UK government launched a nationwide campaign for the construction of apartment blocks in all major cities in England. Your company has been shortlisted for one of the unit block of 3 bedrooms apartment to be built across the nation, through a selected tendering procurement method. Knowing how much importance the government attaches to timekeeping and cost control in public funded projects, your company is keen to use “state of the art” management methods to maintain and go beyond its renowned standard. You have been assigned to prepare a professional report, presenting information in relation to human resources and people management for the construction of this project. This report should include theoretical and practical considerations of resource management, effective planning and scheduling used to deliver construction projects. The report should highlight the relevant processes and techniques used in estimating and managing human and other allocated resources for the construction of this project. This includes the steps involved in resources allocation and distribution. 1) The Main Sections of the Report addressing: a) Human Resource and People Management (900 words) • Define human resource management and explain the meaning and the impact of 4Rights on the successful completion of this project. • Discuss the main differences between Project and Business resource management and explain the process of acquiring a team for the realization of this project. • Discuss the roles and responsibilities of human resources commonly used in UK construction projects and their implication at different stages of the above-mentioned project. The inclusion of a table would best highlight the above-mentioned key roles and responsibilities. • Discuss the importance of Welfare facilities and their impact on the workforce productivity. This should include a clear understanding of the ratio of welfare facility provisio

The Importance of Human Resource Management