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S1E03: Why Resource or Cost Load Schedules?

S1E03: Why Resource or Cost Load Schedules?

Resource and Cost Loading Schedules, why bother? There is a notion that the effort to value ratio of taking a schedule from a project and resource loading will not provide or yield useful or accurate information for management. Dale and Val believe there is value in this if it is ‘set up correctly.

Resource loading is defined as the total number of scheduled hours divided by the resource’s total capacity. The manner in which managers load the resources decides the course of project execution and timeline. It can be calculated on a per day/per week/ or monthly basis.

In a work schedule, cost loading represents either income or expense. Most of the clients require that the total contract amount (Schedule of Values) be allocated across the activities of the project schedule. This can be considered as cost loading.

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