Page 230 - E2 Integrated Workbook STUDENT 2018

Chapter 15

Tools and techniques used in
Transaction cost theory
planning resources

5.1 Resource Histogram

This is a graphical aid for determining the total requirement for a specific resource
during the project. The histogram identifies, in block graph form, the fluctuating need
for finance, staff, technology resources or vendor services at any stage in the project.
This can assist in planning. Reallocation of key tasks can reduce the excessive
requirement at certain periods, providing a smooth flow of resources throughout the
project.

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