What is IT Resource Management?
Resource – a source of supply or support: an available means —usually used in plural.
Information technology resources now play a vital role in the everyday operations of almost all organizations. The number of resources and the number of users may vary but they all require an efficient implementation, utilization, and management. The demand for resources must never exceed its current supply and allocation to ensure a smooth completion of tasks and deliverables. To do this in the most effective way, an IT resource management plan must always be given a significant amount of attention.
All the members of an organization uses IT resources in the completion of their everyday tasks. As we all recognize, no matter how huge the capacity and capability of the
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Dissatisfied customers or clients 7 – these are people who puts money into the organization. Keeping them as happy and satisfied as possible should be one of the organization’s top priorities.
After identifying the problems and accompanying risks of improper IT resource management, it is important to understand how these can be prevented. The first step is to gauge the organization’s resource capacity. Here are Five Steps to Capacity Centered IT:
1. Gain visibility into pipeline demand – most if not all of projects must be planned to ensure that the demand for resources can be satisfied with the current capacity.
2. Understand resource capacity – the approval of a project or process must be based on the current resource capacity.
3. Achieve a comprehensive view of both capacity and demand – the demand for resource must never exceed what the capacity can provide.
4. Conduct continuous prioritization and planning – in case resources are expected to be maxed out, ensure that the project with the highest priority will be accomplished first.
5. Run and analyze what-if scenarios – this will help in decision making in the near future in case unexpected problems will be
It is very important for ASDA to manage their resources, as they all play important roles in the improvement and functioning of the organisation.
Decisions on investments in IT are controversial and crucial in an organization. With a thorough understanding of a company’s strategic context, managers can identify business and IT maxims that can help determine the IT infrastructure capabilities necessary to achieve their business goals.
The new IT governance model which satisfies the call for collaboration has enabled the company to meet the demands of its clients and end users and also keep its employees on the cutting edge of technology. The numbers tell the story themselves – a leading industry analyst benchmark of the world’s largest IT organizations ranked Accenture the best in 3 key measurements: lowest IT workforce as a percentage of headcount; lowest IT expense as a percentage of net revenue; and lowest IT expense per employee. This was all possible only due to the robust IT governance which has strengthened the company’s ability to transform IT into a strategic asset. Thus it has helped ensure that it’s IT strategy is closely aligned with its business strategy from the start.
Manage, plan and implement various projects, developing and monitoring project plans, coordinating resources and monitoring budgets to ensure successful project milestones are
University of Idaho. (2014). Information Technology Services: Appendix 1: ITS Analysis of Strengths, Weaknesses, Opportunities and Threats. Retrieved from http://www.uidaho.edu/its/strategic-plan/appendix-i.
Concrete practices related to project selection and prioritization would help to focus on the critical projects.
This project is an open-ended project designed to help you learn more about a topic related to resource management that is of high interest to you. Your end product will be a poster presentation along with a written document that addresses all components of your investigation. This document provides an outline of the steps you should complete for this assignment.
Subsequently, in order to assess and understand the practices involved with KM, we must first recognize the underlying provisions and implications within the IT sector. Information technology has had a dramatic influence over organization overall performance, IT driven structures have been able to evolve over time, in part due to the integration and implementation of such practices alike. Resulting from such assimilations, most division have yet to maintain proper executive IT sectors and overall preservation, mainly due to either lack of knowhow or inefficient policies in place that limit any advancement.
One main apprehension that they have against Information System is the high investment cost. In addition to this there is the high maintenance and upgrade costs associated with the deployment of new IT systems. In fact they prefer to outsource the heavy IT department expenditures to other companies having IT as their core activities. In return they expected to receive a full solution pack to meet their requirements and they are ready to pay these IT services as an operating cost. At the same time the risks associated with IS are being shifted to the other
Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.
Draw on appropriate Operations Management theory, concepts and frameworks to examine how your organization, or an organization with which you are familiar, reconciles capacity and demand.
Resources are organization’s productive assets and capabilities are what an organization is capable of doing. The relationship between resources and capabilities of a company forms a competitive advantage. Capabilities and resources help in gaining value and competitive advantage over competitors.
needed, where needed, when needed, and make the most of the resources available. It is an
Effectively integrating information technology (IT) into an organization’s business processes is critical if the organization wants to increase productivity and remain profitable. IT includes items such as the systems software, application software, computer hardware, and the networks and databases that help manage the organization’s information. When implementing quality standards and processes that are forever changing in the IT world, organizations must balance these changes while continuing to rapidly implement new systems technologies in order to stay competitive.