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Acquire Resources

The activity of securing the people, facilities, equipment, materials, supplies, and any other assets needed to carry out the project work.

Key Points

  • Focuses on obtaining both human and physical resources in alignment with the resource management plan and schedule.
  • Often requires negotiation with functional managers and coordination with procurement or vendors.
  • Occurs when resources are needed during the project; results include assignments, resource calendars, and document updates.
  • Common techniques include pre-assignment, decision making, negotiation, and use of virtual teams.

Example

On a construction project, the project manager secures a concrete crew, leases a crane for two weeks, and purchases rebar and formwork by working with internal departments and external suppliers to ensure availability when the pour is scheduled.

PMP Example Question

During execution, a project manager arranges to onboard two testers, rent a specialized lab, and procure measurement devices. Which process is being performed?

  1. Plan Resource Management
  2. Estimate Activity Resources
  3. Acquire Resources
  4. Develop Team

Correct Answer: C — Acquire Resources

Explanation: The scenario describes obtaining people and physical assets to perform the work, which is the purpose of Acquire Resources, not planning, estimating, or team development.

Advanced Project Management — Measuring Project Performance

Move beyond guesswork and status reporting. This course helps you measure real progress, spot problems early, and make confident decisions using proven project performance techniques. If you manage complex projects and want clearer visibility and control, this course is built for you.

This is not abstract theory. You’ll work step by step through Earned Value Management (EVM), learning how cost, schedule, and scope come together to show true performance. You’ll build a solid foundation in EVM concepts, understand why formulas work, and learn how performance data actually supports leadership decisions.

You’ll master Work Breakdown Structures (WBS), control accounts, and budget baselines, then apply core EVM metrics like EAC, TCPI, and variance analysis. Through a detailed real-world example, you’ll forecast outcomes, analyze trends, and understand contingencies and management reserves with confidence.

Learn how experienced project managers monitor performance, communicate results clearly, and take corrective action before projects slip. With practical exercises and hands-on analysis, you’ll be ready to apply EVM immediately. Enroll now and start managing performance with clarity and control.



Take Control of Project Performance!

HK School of Management helps you go beyond status reports and gut feelings. In this advanced course, you’ll master Earned Value Management (EVM) to objectively measure progress, forecast outcomes, and take corrective action with confidence. Learn how WBS quality drives performance, how control accounts really work, and how to use EAC, TCPI, and variance analysis to make smarter decisions—before projects drift off track. Built around real-world examples and hands-on exercises, this course gives you practical tools you can apply immediately. Backed by our 30-day money-back guarantee—low risk, high impact for serious project professionals.

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