Clarity Glossary for Project and Portfolio Management

Availability

Availability describes the capacity of a resource that is available for projects or tasks.

Explanation

Availability indicates the extent to which a resource can be used for projectProjectA project is a temporary initiative with clearly defined objectives, resources, and a specific outcome. work within a specific period of time.

For human resources, availability is influenced by factors such as working time models, vacations, training, or already planned tasks.

In resource and project portfolio managementProject Portfolio ManagementProject portfolio management refers to the centralized management of all projects within a company., availability is a key foundation for realistic project planningProject PlanningSynonym for → Project ManagementPlanning of activities and project objectives.. Organizations need a clear understanding of how much capacity is actually available in order to successfully deliver projects.

Synonyms and Abbreviations

  • Resource Availability: available capacity of employees or teams
  • Capacity: general term for available work capacity

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