Resources in the construction industry
A resource is a source or supply of assets that can be drawn on by a person or organisation and from which a benefit is derived.
In the construction industry resources might include:
- Human resources.
- Suppliers, contractors and consultants.
- Natural resources.
- Materials.
- Products.
- Construction plant.
- Tools.
- Equipment.
- Space.
- Facilities.
- Finance.
- Information.
NB Government Functional Standard, GovS 006: Finance, Version: 2.0, published by HM Government in September 2021 defines resource as: ‘Current expenditure such as pay or procurement and including depreciation, which is the current cost associated with the ownership of asset.’
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