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Resource-Allocation

Definition:

The total Quantity of a defined Resource which has be allocated for defined purposes, at defined times, under defined Conditions

Alternative Names

Concept Number: *503
English Master: Resource-Allocation
Synonyms, Variations & Acronyms: Resource-Allocation

Detailing

This is not just any Budget, but some larger allocation for a company, division, project or phase from which individual Budgets specifications may be made. It is the Limit for the sum of all Budgets in a specified area and time.


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Notes

Application: the difference between Resource-Assumption (*500) or the Resource Observed (*502) and Resource-Allocation (*503) can be used to determine the Resource-Available (*504)


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This Concept entered by Nancy Sealy
Table of contents:

Created by system. Last Modification: Thursday 11 of July, 2019 20:14:22 CEST by Admin (Kai).

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