Before acquiring resources for a project, which activity involves evaluating what resources are necessary for the project's success?
Gap analysis
Resource allocation
Needs assessment
Cost-benefit analysis
A needs assessment is the process of identifying and evaluating the resources required to complete a project successfully. It ensures that the project team understands what is needed before acquiring or allocating resources. Resource allocation involves distributing available resources, which takes place after the needs have been assessed. Gap analysis compares current capabilities to requirements but does not specifically determine necessary resources. Cost-benefit analysis evaluates the financial viability of options but doesn't directly focus on identifying resource needs.
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