If someone comes to you with a new project, can you confidently say that your team can take it on? Can you quickly assess how new projects fit into your portfolio and timelines?
The right resource management tool helps you answer these important questions—this type of software can empower you to optimize how work is assigned, scheduled, and tracked so you can plan projects reliably and efficiently.
As Float’s Director of Product, Michael Luchen, says, “Resource management tools help you track your organization vs capacity in a way that enables you to make better planning decisions. We want to help every organization plan their work time better—because time is too valuable to be planned poorly.” 🔥
So, if you want to take your project and resource planning to the next level, take a look at the shortlist of resource management software below to learn about:
- The key features and value propositions of different resource management tools
- Which tool best suits different types of teams
- Pricing plans, public user reviews, and ratings
➡️ Bonus tip: You can rely on one of our customizable resource planning templates to keep your plans in order until you pick the right tool.
Michael Luchen
Director of Product at Float.com
If you set up your RMS properly—ensuring you map out your organization’s skills, projects, and task allocation—you’ll be able to manage costs well, reduce risks, and stay vigilant for employee burnout. This is key to building a healthy, thriving workforce and optimizing how your team’s time is spent.
3 types of resource management tools
There is a spectrum of tools available for managing resources. Here are the three types we’ve considered for this list:
- Best-of-breed resource management software: Usually clean and intuitive type of software that’s specialized and intentionally designed for efficient work scheduling and resource allocation. It gives you a bird’s eye view into your people and projects, and enables you to see everyone’s capacity and manage workloads—in real time.
- Enterprise work management platforms: These tools bundle resource management features into a more comprehensive (and often complex) work management platform. Resource management, because it is not their core offering, is often not prioritized on a competitive product roadmap.
- All-in-one project management software: A suite of integrated and related products from one vendor. These tools offer some resource management functionality, among many other features. Without intentional design, these solutions rarely offer the best suite of features and user experience to plan and schedule work effectively.
We’ve evaluated tools that belong to all three types of resource management software based on six important criteria:
- Planning features
- Scheduling features
- Time tracking features
- Reporting features
- Security and governance
- Shipping signals
Now let’s go over the tools.
11 best resource management software and tools
1. Pure player resource management tools: Float, Runn, Resource Guru, Harvest Forecast, Toggl Plan
2. Enterprise work management platforms: RM by Smartsheet, Kantata, Wrike
3. All-in-one project management tools: Asana, Monday.com, ClickUp
A quick comparison table 🤓
Want an overview before you dive deeper? 🔍 Check out our handy sheet where we directly compare features and pricing.
⚠️ Note: Product details, pricing, and reviews change over time, so we’ll check and update this article about twice a year. If you notice any mistakes, let our team know!
1. Float
🏢 Founded in: 2011
🎯 Primary software category : Resource management
Float (hello 👋) is the go-to resource management tool for professional teams of both medium- and large size (10 to 500+ people). Founded in 2011 with a team of 50+ people working async remote, Float has been a pioneer in building a dedicated resource management software solution—and has more than 2 million users worldwide across 4,500+ teams.
Float is the place where your project plans live. It helps teams plan better so that they can make the most of their time at work. Each project has its own set of challenges, so our Float team aims to help you understand the high-level picture first to help you set up your team for success. Our resource management software guides you through the early stages of setting up an accurate capacity management system to plan projects and allocate work confidently—before you get into the weeds of execution in your project management tool.
Unlike traditional resource management solutions that focus on the task scheduling stage of project work, Float offers a coordinated planning and scheduling process for teams that seek to be more strategic with their time.
Its intuitive visual interface brings all of your people and project data together so you can make better decisions, while also connecting a community of exceptional folks who are embracing a new, more meaningful approach to planning project work. Join Float’s Slack Community to meet other project planners and learn more about best practices in the field!
Float features breakdown
Planning |
| Scheduling |
| Time tracking |
|
---|---|---|---|---|---|
Project phases | ✅ | Resource management | ✅ | Pre-filled timesheets | ✅ |
Project budgets | ✅ | Capacity management | ✅ | Bulk logging | ✅ |
Multi-project timelines | ✅ | Task scheduling | ✅ | Compare estimates vs. actuals | ✅ |
Forecasting | ✅ | Utilization monitoring | ✅ | Mobile app | ✅ |
Project estimates | Coming soon! | Notifications | ✅ | Start/stop timer | ✅ |
Reporting |
| Security & Governance | Customer success |
| |
People & project reporting | ✅ | SSO | ✅ | 24/5 support | ✅ |
Export options and API | ✅ | Domain restrictions | ✅ | Live training sessions | ✅ |
Budget tracking | ✅ | SOC 2 | Type 1 | Onboarding support | ✅ |
Estimates vs. actuals | ✅ | GDPR compliant | ✅ | Online community | ✅ |
What resource management solutions does Float offer?
The Float team focuses on the high level of capacity planning and project scheduling, rather than the micro details of task management. Planning is about enabling real people to deliver great work. That’s why it’s important that everyone is kept in the loop of their scheduled work and that managers have a live status on the health of their people and projects.
So, Float brings clarity to the high-level planning process and, with a visual and intuitive interface, makes scheduling work effortless. With Float, you can:
- Manage capacity with confidence. Manage availability on autopilot to get an always accurate view of allocated work and capacity. Set default work days and hours and customize these individually for any point in time. Import public holidays, one or two-way calendar sync, add time off policies, track leave balances, and set up manager access rights to approve who can schedule work and approve time off. Float gives you a single source of truth for your team’s time.
- Plan deliberately. Workflows are intentionally designed to keep data accurate and teams in sync—so you can plan ahead and eliminate guesswork about resource availability or project progress. Set up your organizational hierarchy with flexible access rights for people and managers, add departments and sub-departments, and standardize roles and assigned rates for faster project estimates and planning.
- Allocate resources effectively. Assign the best people for the job each time with a powerful search bar to filter by anything from skills and location to departments and availability and a new (coming soon) roles management section that will allow you to scenario plan project roles with rates. See utilization at a team and individual level directly on the Schedule to balance team workloads and keep everyone engaged.
- Track time without hassle. Use pre-filled timesheets to prevent relying on memory and log actual hours spent on tasks, faster. Your actuals data lets you monitor project progress in real time, with bulk editing and shift timeline shortcuts making it easier to adjust your schedule on the go. You can then use this data to easily populate your invoice templates, streamline your admin tasks, and improve administrative efficiency.
What has Float shipped lately?
High-performing SaaS teams ship often, since consistent and regular product enhancements is key to delivering value to customers. Back in 2023, Float product improvements and new features focused on making project planning even more flexible and powerful. This included small but significant updates like separating people and projects into individual pages for faster navigation and adding the option to filter by time off type to get a clearer picture of your team’s availability.
Bigger product enhancements have been around helping teams better set up their data structure through organizational hierarchy and standardizing workflows. Float introduced sub-departments to allow for creating mini-teams within teams (e.g., adding content as a sub-department in the marketing department/team). There’s also a new saved custom views feature coming soon so that teams can easily access their saved favorite view each time they log in to Float. For example, if you’re a 30 people team working in a larger 100+ people organization, rather than filtering for your team each time you want to do something in Float, you’ll be able to log in and see your favorite view every time.
In 2024, Float’s team is working on some game-changing project estimation and planning capabilities and we have been releasing features designed to help teams establish better workflows for robust data capture. This includes making it easier to group related tasks by scheduling in allocations and the release of our highly anticipated desktop start/stop timer app in March 2024, so team members can record more accurate time logs for their assigned tasks. Another feature we already introduced is roles (replacing job titles) for people as part of upcoming features to assign default role rates and access roles data in your reports.
Justin West
Account Executive at A/B Partners
I work at a 40+ people organization and Float is the first resource management tool we’ve ever used. Because of that, we often don’t realize that a feature would be useful until we encounter a particular situation for the first time. I’m constantly dropping feature suggestions in Float’s Slack community—the Float team is always very transparent about which features are in the pipeline and follows up promptly for feedback on how we’d specifically like the feature to work. We love this responsiveness—it feels like we’re working with partners, not vendors. Can’t recommend them enough!
Who is Float best suited for?
Suited for:
⭐ Professional teams of 5 to 500+ people