A method and apparatus that assesses the importance of projects in a portfolio of projects and allocates labor resources to multiple concurrent projects is provided. The method includes specifying clear project schedules that are readily testable for various projects and using labor categories for project schedule tasks requiring labor resources. The present design determines each project team member's productivity for each supported labor category and allocates project team members to the project tasks on a periodic basis such that the most important project tasks receive the most productive available project team members for each project's specified labor categories.