Resource Revenue Management

Resource Revenue Management is the strategic process of optimizing the allocation and utilization of valuable natural resources, like oil, minerals, or water, to maximize revenue over time. It involves assessing resource availability, forecasting future demand and prices, and making informed decisions on extraction rates and timing. The goal is to ensure that resource use balances immediate financial gains with long-term sustainability, preventing over-extraction and securing ongoing economic benefits. This approach helps governments and companies make data-driven choices that enhance resource value financially while considering environmental and societal impacts.