Question: Estimating activity resources is a process of assessing all types of resource people,materials, tools, and equipment (along with quantities)required for each activity to complete it

Estimating activity resources is a process of assessing all types of resource people,materials, tools, and equipment (along with quantities)required for each activity to complete it as specified in project scope

Resource breakdown structure (RBS) is defined as grouping all resources into main categories in level one and populating each main category with resources based on either function or skill level.

responsibility assignment matrix (RAM) is "a matrix that shows all the work packages and the resources assigned for various responsibilities regarding each work package.

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Why are these 3 terms important ??

How can these 3 terms/concepts be applied in a business career??

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