Resource Management

Resource Management - Human Resource, Material
resource and Financial Resource Management
Resource management is acquiring, allocating and managing the

resources, such as individuals and their skills, finances,
technology, materials, machinery and natural resources required
for a project. Resource management ensures that internal and
external resources are used effectively on time and to budget.
When it comes to education, resource management involves making a

strategic plan for organizing and using school resources.
Resource Management plays an important and critical role to manage

a school. There are three basic resources which are needed to manage
a school. They are –
 HUMAN RESOURCES
 MATERIAL RESOURCES
 FINANCIAL RESOURCES
Human Resources:
Human resource management can be defined as a process and

effort to develop, motivate, and evaluate the overall human
resources needed by the organization in achieving its objectives.
Its ultimate aim is to help the organization to achieve success.

Therefore it prepares people for this aim.
It is also called as Personnel management. The Resources includes -

Teachers, Mentors, Managers, and other school staff.
Human resource management system in school
The broad purpose of the human resource management function in

any educational organization is to attract, develop, retain, and
motivate personnel in order to achieve the school's mission. It
defines the school's 'people objectives'.
The human resource management system in school helps schools to

manage and train the teachers and other non-teaching staff to perform
their duties well. It also helps in managing their other aspects of work
like leave, salary, proxy (agent) etc.
Functions of Human Resources Management in Education
Human resource management in education is a set of practices and

methods of integrating and maintaining the teaching staff in the school
so that the school can achieve their purpose and as well as meet the
goals for which they were established.
The functions include the following:
i. Staff maintenance - include; promotion and transfer, motivation,

staff safety, security and health services, prompt(timely) payment of
salary, and ensuring a safe and healthy working environment
ii. Staff relations - There must be a good communication network in

the school to enable workers to be constantly informed of the progress
being made in the school. Staffs should be recognized as human
beings with feelings, interest, needs and emotions and treating
them as such with fairness and respect.
iii. Staff development - The success of educational organization

hinges(joint ) on the strength and quality of the staff members. This
can be done through in-service training, conference, workshop
and seminars.
iv. Recruitment of staff- Recruitment of staff in education deals with

obtaining people with appropriate and necessary skills, abilities,
knowledge and experience to fill the vacant teaching posts in
schools.
v. Job performance reward - Staff performance would increase

substantially if they are adequately compensated according to the
quality and quantity of work done. This involves the design and
administration of rewards for jobs performed.
vi. Others including teacher proxy management(substitute), leave

management, performance reports, task management, and many other
similar things that make it easier for the school and its employees to
manage their information.
Benefit of implementing an effective human resource

management system:
 Recruitment and Hiring: It is important to recruit and select

the best educators and staff for the school. Only when a teacher
teaches well can a student learn well. Hence, a human resource
management system is not only helpful to the school
administration and the teachers or staff but also the students.
 Training and Development: Training can help teachers become
more efficient in their roles as educators, leading to increased
student engagement and performance.
 Conflict Management: Conflict resolution training can help
teachers deal with conflicts with or between students and
mitigate conflicts in schools.
 Compensation: HR determines salaries based on roles, job
descriptions, level of work, and performance. And for all the
teaching and non-teaching staff, the HRMS(Human Resource
Management System) helps them stay updated with their regular
salary status.
 Retention: HR is concerned about motivating teachers and staff
to higher levels of performance, commitment, and longer tenure.
· The HR management system helps school administration to

keep a track of employee data and tasks regarding the school.
· It also allows them to store every important information of the

employee of the school for future reference.
Material Resources:
Material resource management is concerned with the integrated

approach to planning, organising, controlling of the flow of
materials as per the demands, purchase through internal operations
to the service point through distribution to the consumers.
Material resource management in schools is a planning tool for

modernization of the existing facilities; developing the helpful
measures for continuous maintenance, reconstruction and
rejuvenation(renovate).
Material resources include any items the school currently owns. These
include school furniture, equipment, technology, curriculum
materials, black boards, chalks , benches , desks, textbooks, and any
other materials within the school.
Basic principles of material resource management:
The basic principles of material resource management are effective

management and supervision. These are dependent on managerial
functions of planning, organizing, staffing, directing, controlling,
reporting and budgeting.
In addition there is a need for adopting sound methods of purchasing
the resources, making skillful and hard poised negotiations so as to
get the cheap and best commodities. For this one needs to establish
an effective purchase system.
Basic purposes of material resource management in educational

institutions are:-
• To have adequate materials on hand when needed
• To pay the lowest possible prices, consistent with quality and value
requirement for purchased materials
• To minimize the inventory investment
• To operate efficiently
Various functions of material resource management are:
• Planning and forecasting of the requirement of material resources.
• Procurement( it is the process of locating and agreeing to terms and purchasing goods,
services, or other works from an external source) of material resources.
• Storage of material resources.
• Maintenance and repair of equipment and other assets.
The reasons to have material resource management in

educational institutions:
• An educational institution can expect innumerable benefits from

effective planning of material resource management.
• Management of material resources aims at reducing the cost of

production so as to help an educational institution increase its profits
and outputs.
• This integration is also helpful in faster and effective functioning that

involves a large amount of data to be used for planning.
• Integrating various functions in which material resources are used

involves greater coordination at all levels of management for the sake
of better performance.
Financial Resource management:
Concept of Financial Resource Management: In educational

institutions, financial management refers to that management activity
that is concerned with decisions on how to procure funds, of an
organization's financial resources, disburse(to pay out) and give
account of funds provided for the implementation of educational
programmes.
The importance of financial Resource management
 It provides guidance in financial planning.

 It assists in acquiring funds from different sources.
 It helps in investing an appropriate amount of funds.
 It increases organisational efficiency.
 It reduces delay production.
 It cut down financial costs.
 It reduces cost of fund.
 It ensures proper use of fund.
 It prepares guideline for earning maximum profits with
minimum cost.
 It increases shareholders’ wealth.
 It can control the financial aspects of the business.
 It provides information through financial reporting.
 It makes the employees aware of saving funds.
Activities in financial management for education institutions:
Financial management in school essentially means planning,

organizing, directing and controlling the financial activities in schools
so that the financial resources are used in an efficient and effective
manner.
Financial management includes overseeing the funding for:
 Budgeting
 Administration
 Generating income
 Implementing educational programs/projects/activities
 Procurement
 Controlling financial resources
 Employee salaries
 Maintenance of the building and grounds
 Student after-school and lunch programs, field trips, & special
events
 Classroom supplies, including textbooks & technology
 Managing cash and debts
 Preparing financial reports,
 Auditing
Conclusion
Resource management is a system of management and utilization of

all educational resources to carry out systematic cooperation and
processes so that effective education implementation can be achieved
to realize the national education goals that have been aspired.

Resource Management

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Resource Management - Human Resource, Material

resource and Financial Resource Management

Resource management is acquiring, allocating and managing the

When it comes to education, resource management involves making a

Resource Management plays an important and critical role to manage

Human resource management can be defined as a process and

Its ultimate aim is to help the organization to achieve success.

It is also called as Personnel management. The Resources includes -

Human resource management system in school

The broad purpose of the human resource management function in

The human resource management system in school helps schools to

Human resource management in education is a set of practices and

The functions include the following:

i. Staff maintenance - include; promotion and transfer, motivation,

ii. Staff relations - There must be a good communication network in

iii. Staff development - The success of educational organization

iv. Recruitment of staff- Recruitment of staff in education deals with

v. Job performance reward - Staff performance would increase

vi. Others including teacher proxy management(substitute), leave

Benefit of implementing an effective human resource

 Recruitment and Hiring: It is important to recruit and select

· The HR management system helps school administration to

· It also allows them to store every important information of the

Material resource management is concerned with the integrated

Material resource management in schools is a planning tool for

Basic principles of material resource management:

The basic principles of material resource management are effective

Basic purposes of material resource management in educational

• To have adequate materials on hand when needed

• To minimize the inventory investment

Various functions of material resource management are:

• Planning and forecasting of the requirement of material resources.

• Storage of material resources.

• Maintenance and repair of equipment and other assets.

The reasons to have material resource management in

• An educational institution can expect innumerable benefits from

• Management of material resources aims at reducing the cost of

• This integration is also helpful in faster and effective functioning that

• Integrating various functions in which material resources are used

Concept of Financial Resource Management: In educational

The importance of financial Resource management

 It provides guidance in financial planning.

Activities in financial management for education institutions:

Financial management in school essentially means planning,

Financial management includes overseeing the funding for:

Resource management is a system of management and utilization of

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