We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What Is a Bill of Resources?

Mary McMahon
By
Updated May 17, 2024
Our promise to you
WiseGEEK is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGEEK, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

A bill of resources is a detailed discussion of the resources necessary to complete a project. Along with a bill of materials that breaks down the necessary supplies, it provides information about what a company or organization will need throughout the course of a planned activity. This information is critically important for planning. A project manager can use it to develop a timeline and to start ordering supplies, allocating resources, and preparing for moving production into high gear.

This document discusses the labor necessary, including specifications for personnel like machine operators, engineers, and so forth. The bill of resources also explores the equipment and facilities that may be necessary, along with resources like communication networks to distribute information. Any materials that will be required, like raw metals to make a product, are listed in the separate bill of materials.

One of the important parts of the bill of resources involves the identification of resources deemed critical. A resource can fall into this category for one of two reasons: supply or lead time. If a resource is in short supply, it is critical because the company needs to secure a supply before it starts work. For example, a construction company may have a limited number of qualified equipment operators. They need to be scheduled with care to balance the needs of all ongoing construction projects.

Long lead time can also be an issue. If a resource needs substantial lead time, the project manager needs to build that time into the overall time frame for the project to ensure that work on the resource starts on schedule. Thus, for example, if a project requires a communications network and one is not present, technicians may need to perform wiring, system set up, and other activities, which could create a long lead time because of all the components and steps in the process. This can be discussed in the bill of resources to make planners aware of timing needs.

Clients in discussions about projects may work with the bill of resources to learn more about the company’s time and cost estimates on a proposal. Representatives of the company can highlight the key information for the benefit of the customer and may offer suggestions and advice on how to adjust the scope and scale of the project if it appears to be over time or over budget. Companies can refer to prior bills of resources to learn more about the accuracy of historic estimates on similar projects, and can use these records to improve estimates and provide information that will be as reliable as possible.

WiseGEEK is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Mary McMahon
By Mary McMahon

Ever since she began contributing to the site several years ago, Mary has embraced the exciting challenge of being a WiseGEEK researcher and writer. Mary has a liberal arts degree from Goddard College and spends her free time reading, cooking, and exploring the great outdoors.

Discussion Comments

Mary McMahon

Mary McMahon

Ever since she began contributing to the site several years ago, Mary has embraced the exciting challenge of being a...

Learn more
WiseGEEK, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGEEK, in your inbox

Our latest articles, guides, and more, delivered daily.