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Management

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Education

2007

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Full-Text Articles in Business

Managing Scarce Resources In Training Projects, Richard D. Busby, James J. Goldsmith Jan 2007

Managing Scarce Resources In Training Projects, Richard D. Busby, James J. Goldsmith

Publications & Research

Every training organization has a limited amount of people, time and/or money available to complete a project, and this limited resource availability undoubtedly will affect the scope and success of projects the organization undertakes. Busby and Goldsmith discuss the knowledge and skills thing in the instructional design field will need to successfully address these circumstances. The authors begin the chapter by defining what they mean by "resources" and "resource scarcity," and then go on to describe how resource availability and the scope of a project affect one another. They then discuss such basic economic concepts as supply and demand and …