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TeachMeFinance.com - explain resource management resource management 'resource management' is an military term. It means '(DOD) A financial management function which includes providing advice and guidance to the commander, developing command resource requirements, identifying sources of funding, determining cost, acquiring funds, distributing and controlling funds, tracking costs and obligations, cost capturing and reimbursement procedures, providing accounting support, and establishing a management internal control process. Also called RM. See also financial management'. Previous 5 Terms: residual forces - residual radiation resistance movement resolution_ resolution _ Next 5 Terms: resources - response force responsibility responsibility_ responsor _ Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.