In project management, resources are defined as anything that is required to carry out the project tasks. This includes, but is not limited to, people, materials, and money. People are needed to perform the work; materials are the physical items or consumables used during the project, and money is the budget allocated for completing the project. Effective resource management involves planning, allocating, and managing all these elements to ensure the project’s success.

References: The information aligns with the principles outlined in the Project Management Body of Knowledge (PMBOK) by the Project Management Institute (PMI) and is supported by the Professional in Project Management (PPM) guidelines which emphasize the importance of resource allocation and optimization as a key aspect of project portfolio management