In the realm of project management, processes, techniques and philosophies as to the best approach for allocating resources have been developed.
[4] Peter Drucker wrote of the need to focus resources, abandoning less promising initiatives for every new project taken on, as fragmentation inhibits results.
It aims at smoothing the stock of resources on hand, reducing both excess inventories and shortages.
The goal is to achieve 100% utilization but that is very unlikely, when weighted by important metrics and subject to constraints, for example: meeting a minimum service level but otherwise minimizing cost.
In conservation, resource management is a set of practices pertaining to maintaining natural systems integrity.