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By: Pascal PERRY

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Resource Allocation and Analysis Functions & Features

Resource allocation and analysis pertains to the assignment and distribution of personnel, equipment, and other resources to various tasks or projects. It determines whether allocations are optimized to maximize their usage and meet the requirements of the project and organization.. Resource Allocation and Analysis Functions & Features are an important module of the comprehensive HCM RFP Template.

The HCM RFP template with Resource Allocation and Analysis Functions & Features for HCM is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 1430 decision criteria. The HCM RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to HCM software vendors. It ensures for:

  • complete response from each HCM software vendor
  • deep and accurate evaluation of submitted HCM proposals
  • impartial side-by-side comparison of HCM solutions evaluated
  • rational and documented selection of the best matching HCM system

The HCM software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the HCM solutions from scratch.

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The Resource Allocation and Analysis Functions & Features comprise the following elements:

  • Resources are allocated based on role, expertise, and availability

    Resources are allocated based on role, expertise, and availability, Resource Allocation and Analysis Functions & Features

  • Resources can be identified by using user defined criteria

    Resources can be identified by using user defined criteria, Resource Allocation and Analysis Functions & Features

  • Reallocates resources that are completely sourced to other projects

    Reallocates resources that are completely sourced to other projects, Resource Allocation and Analysis Functions & Features

  • UOM used for resource allocation

    Units of measure (UOM) such as cost per unit of outputs or hours, is used to indicate how much of a resource is allocated to a task or project. It is a means to keep track of resources used. UOM used for resource allocation, Resource Allocation and Analysis Functions & Features

  • Alerts for over- or under-allocation of resources for a particular project

    Alerts for over- or under-allocation of resources for a particular project, Resource Allocation and Analysis Functions & Features

  • Alerts for over- or under-allocation of resources for an activity

    Alerts for over- or under-allocation of resources for an activity, Resource Allocation and Analysis Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which HCM solution is the best for your needs.

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Functions and Features