resource allocation and capacity planning
Resource allocation refers to the process of distributing and assigning available resources, such as time, money, and materials, to specific tasks or projects in order to maximize efficiency and achieve desired outcomes. Capacity planning, on the other hand, involves assessing and estimating the capabilities and limitations of resources and systems, such as personnel, equipment, and infrastructure, to determine their optimal usage and ensure adequate capacity to meet future demands.
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Related Concepts (1)
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