1. The distribution or assignment of available resources (such as money, personnel, equipment, or time) among various projects, departments, or purposes according to priorities and needs
Effective resource allocation is crucial for project success.
A alocação eficaz de recursos é crucial para o sucesso do projeto.
2. In computing and business management, the process of assigning computational or organizational resources to different tasks or processes
The company improved its resource allocation by implementing new budgeting software.
A empresa melhorou sua alocação de recursos implementando novo software de orçamento.