Acquire Resources
Acquire Resources is the process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work.
Explanation
This process confirms resource availability and obtains the resources needed to complete project activities. Resources may be acquired from internal or external sources. The project management team may or may not have direct control over resource selection due to collective bargaining agreements, use of subcontractor personnel, matrix project environments, or other constraints.\n\nKey tools and techniques include decision-making (such as multi-criteria decision analysis), interpersonal and team skills (particularly negotiation), pre-assignment, and virtual teams. The project manager should effectively negotiate with functional managers, other project management teams, or external organizations to acquire appropriate resources.\n\nOutputs include physical resource assignments, project team assignments, resource calendars, change requests, and updates to the project management plan and project documents. This process is performed periodically throughout the project as resource needs evolve.
Key Points
- •Confirms availability and obtains resources for project work
- •Uses negotiation, pre-assignment, and multi-criteria decision analysis
- •Resources may come from internal or external sources
- •Performed periodically as resource needs change throughout the project
Exam Tip
In a matrix organization, the project manager must negotiate with functional managers to acquire team members. Remember that functional managers often have the final authority over resource assignment.
Frequently Asked Questions
Related Topics
Negotiation (for Resources)
Negotiation for resources is the process by which the project manager discusses and agrees upon resource assignments with functional managers, other project teams, or external organizations to obtain the needed team members and physical resources.
Pre-Assignment
Pre-assignment is the practice of assigning specific team members to a project before resource planning is complete, often because they were promised in the project charter, proposal, or contract.
Virtual Teams
Virtual teams are groups of people with a shared goal who fulfill their roles with little or no face-to-face interaction, relying on communication technology to collaborate.
Multi-Criteria Decision Analysis
Multi-criteria decision analysis is a technique that uses a decision matrix to provide a systematic approach for evaluating candidates or options against a set of weighted criteria to make objective selection decisions.
Develop Team
Develop Team is the process of improving competencies, team member interaction, and the overall team environment to enhance project performance.
Most-studied PMP concepts
High-yield topics our learners drill most before exam day.
Burndown Chart
A Burndown Chart is a graphical representation of work remaining versus time in a Sprint or release, showing whether the team is on track to complete the planned work.
Resource Leveling
Resource leveling is a resource optimization technique in which adjustments are made to the project schedule to keep resource usage at or below a defined limit, often resulting in a longer project duration.
Risk Register
The risk register is a project document that records the details of individual project risks, including their identification, analysis results, response plans, and current status.
Stakeholder Mapping
Stakeholder mapping is the visual representation of stakeholder relationships, influence, interest, or other attributes using grids, matrices, or diagrams to support analysis and engagement planning.
Relative Estimation
Relative Estimation is an agile technique where work items are sized in comparison to each other rather than in absolute units like hours or days, providing faster and more accurate estimates.
Cost Performance Index (CPI)
Cost Performance Index (CPI) is an EVM efficiency metric that measures cost performance as the ratio of earned value to actual cost: CPI = EV / AC.
Schedule Performance Index (SPI)
Schedule Performance Index (SPI) is an EVM efficiency metric that measures schedule performance as the ratio of earned value to planned value: SPI = EV / PV.
Earned Value Management (EVM)
Earned Value Management (EVM) is a methodology that integrates scope, schedule, and cost data to assess project performance and progress objectively.
Power/Influence Grid
The power/influence grid is a stakeholder classification model that groups stakeholders based on their level of authority (power) and their active involvement or ability to affect the project (influence).
Part of
Resource Management
Test your knowledge
Practice scenario-based questions on this topic with detailed explanations.