Earlier resource planning used to be limited to basic allocation and scheduling, for which spreadsheets sufficed. However, with evolving business processes, it now includes components such as forecasting, capacity planning, and more. Therefore, spreadsheets are no longer feasible for effective resource management.
As they lead to data silos, are error-prone, leading to internal conflicts and data duplication. Thus, it is crucial for firms to implement a resource management software that will help them streamline the workflow, create effective resource plans, ensuring project success.