Staff-resources Analytics
do estimation, planning, capacity utilization, allocation and distribution of ‘5M’ resources.
Man (human capital management [learners, faculties, system administrators, scientists, business analysts, system analysts, project managers, engineers], talent acquisition, talent retention, training, reward and recognition)
Machine (tools, computer hardware, software, internet, mobile phones, tablets)
Material (book, notebook, paper, pen, pencil, rubber, color, geometry box, bag)
Method (process innovation for resource allocation, education methodology)
Money (optimal fund allocation, project management, resource allocation, resource distribution, education loan from bank)
Optimal planning and capacity utilization of various types of resources is essential for promoting best practices and quality management in education sector The expert panel have identified five critical resources for re-engineering in education sector : man, machine, materials, method and money. The critical issue is management of financial resources for the innovation and promotion of new technologies. It is rational to use ERP system for optimal planning and capacity utilization of resources; it is an interesting option to explore ERP system for efficient resource management. .
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