Resources management includes the establishment, monitoring, and maintenance of obligation and cost as well as the manpower baselines. The project's Work Breakdown Structure (WBS), baseline schedule, and budget should be viewed by the PPM as mutually dependent, reflecting the technical content, time, and cost of meeting the project's goals and objectives. Cost estimates must recognize and quantify risks and provide reserves and allowances for program changes. The requirement for uncertainties and risk is as vital to project success as any other cost element. Having contingency funds and using them judicially are integral parts of successful research and development efforts.

 

NPR 7120.5C, NASA Program and Project Management Processes and Requirements, discusses various aspects of Resources Management.