As an Amazon Associate I earn from qualifying purchases.

Colocation Definition and Explanation PDF | Download eBooks

Learn Colocation definition in project management with explanation to study “What is Colocation”. Study colocation explanation with project management terms to review project management course for online MBA programs.

Colocation Definition:

Colocation Explanation:

To complete a project, resources are needed. One of the most important resource needed for a project is human resource. Project team has to be developed in order to get together the skilled and expert people so that they can use their skill sets to carry out the project successfully. Each team member is assigned a role and responsibility in the project to perform. However, sometimes, the best resources are grouped together in one place (physical) so that their ability to perform can be increased. This concept is called colocation. Colocation can be temporary, making it an effective strategy to perform those tasks that are very important to the project. It can also be adopted throughout the project. Colocation helps to increase the productivity, efficiency, and communication and coordination among the team.

Keep Learning Project Management Explanations

What is Fixed Price With Economic Price Adjustment?

When two parties agree on working together, a contract binds them legally to fulfill the requirements of each other in ...

What is Variance?

Variance is generally defined as deflection, deviation or inconsistency from a planned path. Variance in project management refers to the ...

What is Concurrent Engineering?

The traditional way of doing work was to perform the tasks in series i.e. the next step in the process ...

What is Finish to Start?

In a project schedule, relationship between the project related tasks and activities must be developed. However, the relationship between the ...

What are Revisions?

Documentation in the projects is very important. In addition to the reports, some other documents are also prepared by both ...

What is Proposal Manager?

In response to the request for proposal from a customer, potential contractors develop an effective proposal to submit to the ...