Top 10 Resource Management Tools

Resource Management Tools

Although some people mix the two, resource management is different from project management. Project management is about delivering projects on time and within budget. It also makes use of all available resources to achieve success. Resource management is a tool that supports project management. It tracks the resources required to complete each task under the project management umbrella. Resource management tools are useful tools that can help you keep track of your resources and plan, manage, and allocate them.

Although they may seem to overlap, they are distinct processes that can become more complex as companies share resources. Resource management tools are useful tools that can help you keep track of your resources and plan, manage, and allocate them.

Resource management tools will allow your business to maximize the efficiency of its resources. They provide an overview of your resource pool, what has been used, and what is left.

Why Resource Planning is So Important for Project Management

It is not something you want to hear, but “I need it tomorrow.” The typical gut reaction to hearing this is “does it even happen?” The availability of resources is the key to a timely timeline. A resource management tool, which provides you with an instant snapshot of the resources available to complete a job, can help ease stress when you are trying to tackle an urgent project.

You, your supervisor, or even yourself, can set due dates for tasks or projects. It can be very difficult to complete the task and do proper product planning without knowing your resources. Without knowing the resources available to you to complete the task you have been given, your project may never see daylight or be finished by tomorrow. Sorry, boss.

Top 10 Resource Management Tools

Resource management tools are essential if you don’t want to feel panic about not having the right resources. These tools can help you keep track of all your business resources, including employees who do the job, equipment that is needed, and the time it takes to accomplish a goal.

You start to look through the list below, and then you realize – “self I have seen these programs before. However, they can also be used to manage projects. Although some programs are advertised as being for project management, they can also be used to manage resources. Some tools can only be used for resources while others are all-in-one options.

You can choose what tools you use to manage your projects and resources. It is up to you to decide what works for you. Let’s look at the best resource management tools for keeping your projects on track and on budget.

1. Hive

One of the few tools on the market that was built by users for users — You can be sure that Hive employees have been instructed to complete projects by tomorrow.”Hive” offers great resource management functionality as well as slick project management capabilities.

This intuitive and comprehensive project resource tool provides time tracking and resourcing planning functions. Resources can be planned, assign, and lay out resources with 6 layout options: Gantt, Calendar Kanban, Portfolio, Table, Label view, and Kanban.

You want to see the resources available for the entire month. The Calendar view is useful. You can see how long it will take for your writer to finish their next ebook. Check your time-tracking history. It’s simple, and seamless, and offers native chat and email functions so that the team can instantly reach out to the most valuable resources in the company — each other.

The Key Features

  • Built by users for users, via feedback on the Hive Forum
  • Tracking time and creating custom workflows
  • Also can be used to manage projects
  • You can try it free for 14 days! Hive Teams plans start at $12/per user per month.

Also read: Top 5 Project Management Tools for Developers

2. Float

You’re searching for a tool that will make the most of your team’s time? Float, a resource management tool, was designed with teams in mind. It allows employees to set their own work hours, track time for tasks, and schedule their time.

You can plan your projects and add in budget and time constraints. The program is able to present projects in separate phases and can be very precise with them. It takes into consideration every stage of the project as well as all resources available.

The robust resource management tools of Float allow you to access data directly from ongoing or completed projects. This allows your business to make any resource-derived decisions. Float integrates with some of the best agile project management tools on the market, such as Slack and Teamwork. This integration is simple with big returns.

The Key Features

  • It is easy to assign resources
  • Customized time tracking and reporting features
  • Integration with many project management software
  • Prices start at $6 per month with higher pricing which unlocks additional features. You can also test it free of charge for 14 days.

3. Saviom

Saviom is a business professional cousin who comes to family barbecues in a suit. Saviom is a sleek and serious data-driven resource management tool for enterprise businesses.

Saviom offers real-time insight with data analytics tools, dashboards and flexible reports. There are many views available, including a Gant diagram that allows everyone to see a snapshot of resource usage and a scheduler that can be accessed by the entire business to see who is working on what project.

Saviom’s functionality gives you excellent visibility into areas where there are resource shortages. It can also help your business adjust its priorities by providing real-time solutions. Saviom also helps to identify the available skills and deploy the appropriate resources. These resource predictions can be a great way to streamline your business and increase efficiency.

The Key Features

  • Useful for enterprise business
  • Graphic reports offer excellent visual comparisons
  • Integration with many project management software
  • The program is available as a free trial for up to 4-6 weeks. Prices vary depending on your business size and licensing requirements.

4. Resource Guru

You already have a favorite project management tool, but you want to be able to use it as a resource management tool.

Resource Guru is an easy-to-use resource management tool that helps you to schedule people, equipment, or other resources. The Guru is a drag-and-drop scheduling tool that allows you to manage your resources. It also features a “clash management” system that prevents over-bookings.

Do you want more detailed reporting? You can track your resource utilization rates with Resource Guru and pull data from key metrics such as billable vs. not-billable, time off, overtime work, and more. Get to know the Guru and keep track of the important resources in your business.

The Key Features

  • Unique meeting room assistant/equipment management tracking
  • Individual dashboards can be personalized for each user
  • Integration with many project management software
  • Prices start at $2.50 per month for a single person. Higher pricing tiers unlock additional functionality and users. Get a 30-day trial for free by signing up today

5. Mosaic

Mosaic is AI-powered workforce management software that uses AI to power its users. It offers visibility into their businesses and gives them an opportunity for improvement in how they manage their people.

This tool is designed to increase productivity and profitability. It integrates with financial and project management software to collect intelligent data and give reports and insights on specific resources.

Mosaic’s AI functionality allows it to optimize resources for priorities. Mosaic can suggest projects for employees who have free time. Mosaic can help you find project members based on your company’s resources. It can also suggest employees who are available to work on a particular task. Mosaic takes the guesswork out of managing resources with its AI-powered tool

The Key Features

  • It is simple to use the visual resource planning dashboard
  • AI-powered reporting allows you to automatically plan your resources
  • Integration with many project management software
  • Prices start at $9.99 per month with higher pricing levels that unlock functionality and more users. Get a 30-day trial for free by signing up today

6. Teamdeck

Teamdeck is a team and project management software. It’s a product of Apptension, a Polish software company that collaborates with Netflix, Universal Studios, and Heineken. Teamdeck is designed to simplify the resourcing process for managers and HR teams. It features important functionality such as scheduling, time tracking, timesheets and leave management. Reports and resource calendars give you valuable insight into the current, past, and future workload of your team. There are all of your employees listed, along with the projects they have been assigned?

Teamdeck is a tool that managers can use to manage their employees’ availability, request vacation days, and track their time. It is applicable to all employees, regardless of whether they are part-time or full-time.

The Key Features

  • Forecasting, team scheduling, and workload management tools
  • Integrations with Google Calendar and Slack, Asana and other work tools
  • Time tracking and timesheet management
  • Team resourcing plans start at $3.60 per user per month

7. Forecast

Forecast is an alternative resource management tool. It allows you to see a complete overview of both short-term and long-term planning projects. It offers zoom-in/zoom-out capabilities that allow you to see at a glance how many resources are available on a daily basis, weekly, and monthly basis. A heatmap shows you where everyone is working and how they are doing.

Forecasting makes it easy for project managers to identify who is available, overbooked, or on vacation. Financial reporting allows for monitoring the consumption and availability of resources. Forecast Auto Schedule uses intelligent technology to automatically match resources and tasks taking into account team members’ skills, availability, and time to complete tasks.

The Key Features

  • Zoom in and out to see a complete overview of resources per day, week, or month
  • Financial report
  • Auto-Schedule
  • 14-day trial for no cost
  • Lite plans start at $29 per month with a minimum of 10 seats

Also read: Top 10 Capacity Planning Tools & Software

8. Mavenlink by Kantata

Mavenlink by Kantata provides a comprehensive solution for resource management. It also includes project management, business intelligence, and team collaboration. The solution provides real-time utilization, margins, and project status at the event and task levels. Mavenlink by Kantata provides a great reporting feature for resource data.

However, custom reports are not easy to create without training. The platform’s Proofing feature can only be purchased as an add-on. Mavenlink by Kantata doesn’t disclose the price on their website. To get a quote, you will need to contact them.

The Key Features

  • Forecasting of resource availability
  • Capacity management
  • Management of skills
  • Scenario planning
  • Role-based planning

9. nTask

nTask can be used to ensure that your company’s resources are taken care of. It can also be used for team management and project management. This allows you to monitor and manage both on-site as well as remote teams.

nTask allows you to see how different tasks and processes have been done by different teams. This will help you spot opportunities to optimize their workdays.

You can also use the time tracking and timesheet management features to track all employees’ activities. This feature is especially useful for performing salary reviews. You will have all the information you need to make informed staffing decisions.

The Key Features

  • Task management and project management
  • Team management
  • Resource management
  • Issue tracking and risk management
  • Time tracking and timesheet management
  • Kanban boarding and Gantt charting
  • Price start $4/month/user

10. Smartsheet

Resource management by Smartsheet allows you to manage the time and schedule the right candidates, track project progress, and help with forecasting hiring needs. The People view gives you a quick overview of all employees in your organization. You can filter by traits like discipline, role, and language.

You can view the schedule to see who is available for assignments and who is currently working on what. You can also see the future work planned and assign talent based on skills, availability, and matching roles. You can also see the schedule resources for an individual. This will help you to keep track of progress and ensure that projects are completed on time and within budget.

The Key Features:

  • Simple resource allocation
  • Planning a project
  • Time tracking
  • Pricing Starts at $7/user/month, up to 10 users, after a 30-day trial.

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