Managing resources is crucial for the successful delivery of projects within time and budget. However, managers have no choice without the right tools and techniques but to rely on approximation and guesswork. In the dynamic business environment, businesses need accurate estimations for timely decision-making and a future-proofing workforce against market volatilities. Resource forecasting can provide answers to these queries and help businesses stay ahead of the curve. It provides actionable insights that help improve profitability by maximizing billable resource utilization. In this guide, we will learn the critical aspects of resource forecasting in project management. Let us begin with the basics.

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