Resource Allocation Frameworks

Resource Allocation Frameworks are systematic approaches used to distribute limited resources—like money, time, or manpower—effectively among various projects or needs. These frameworks help decision-makers prioritize where to invest resources to achieve the best outcomes. By setting clear criteria and assessing potential benefits versus costs, organizations can make informed choices that align with their goals. This process is crucial in sectors like business, healthcare, and government, where resources are finite and demands can be high. The objective is to maximize efficiency and impact while minimizing waste.