Managing physical resources involves planning usage and obtaining resources, through to monitoring their value for money. Learners need to investigate the process of ordering, storing and distributing supplies to users.

The effective management of physical resources significantly impacts on the quality of teaching and learning in schools. The procurement, utilization and maintenance of physical resources through organized structures, well-designed policies and rigid processes are critical for quality education.

Physical resources are tangible items that are used in the operation of the business. Some of the most common physical resources include raw materials, buildings and facilities, machinery, energy, and supplies.

Physical resources include premises, plant, machinery, equipment, materials and stock, and resource requirements will vary in response to changes in, for example, technology, quality, working methods and productivity as well as changes in legislation, market requirements and the demands of internal and external …

Physical management involves the use of manual restraint techniques, used to defuse heated confrontations, when psychological management fails or is not possible.

There are some key principles of resource management. These principles are useful for any organization to manage their resources in projects….Principles of resource management:

• Resources are usually people:
• Key people management:
• Principles of team management:
• Principle of allocation:
• Rewards & recognition:

Material/Physical Resource Management in School: School physical resource management has a direct impact on the learning environment and is a key determinant of educational outcomes. It also involves provision of adequate facilities for teaching and learning.

Physical resources, such as raw material, buildings, vehicles, transportation, storage facility, machines and factory. Human resources, or staff, such as a talented engineer or marketing experts. These resources are more important in companies in the knowledge-intensive and creative sectors.

Examples of Physical Resources include:

• Machinery and equipment.
• Buildings and office spaces.
• Vehicles and trucks.
• Point-of-sale systems (like Square or Shopify)
• Distribution networks (i.e. storage facilities and the transportation that will get your products from point A to point B)

5 Keys to Better Resource Management in New Product Development and Introduction

• Effective priorities: objective and transparent.
• Protect your buffers to deliver on time.
• Clarity requires smart tracking.
• The metrics to double-check: Cost, quality, and time.
• Time to close the loop: Learn and re-prioritize.