FINANCIAL RESOURCE DEVELOPMENT & MANAGEMENT

Resource development means the study, establishment, and implementation of additional resources or services which will extend the capabilities of community long-term care systems to better serve long-term care clients.

​

A resource is anything that is needed to execute a task or project— this can be the skill sets of employees or the adoption of software. For example, if you’re planning an event, a few resources include scheduling out staff for the event, planning what vendors to use for promotional materials, investing software that allows attendees to register, and budgeting for everything from giveaways to catering.

​

Resource management is centered around optimization and efficiency. When you know what you need to make a project successful, you can effectively plan out the optimal way to use those resources.

To some companies, optimum efficiency is so important that they hire someone solely devoted to resource management; also known as a resource manager. What does a resource manager do? While project managers are responsible for creating and assigning tasks to get the project done, resource managers are accountable for allocating the resources needed to make the project a success.

​

Courses needed to satisfy this competency: Nonprofit Leadership Seminar, Fiscal Management & Resource Development