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The phrase "allocation of limited resources" is correct and usable in written English.
It can be used in contexts discussing economics, management, or any situation where resources are scarce and need to be distributed effectively.
Example: "The allocation of limited resources is crucial for the success of our project, as we must prioritize our spending wisely."
Alternatives: "distribution of scarce resources" or "management of finite resources".
Exact(57)
Interestingly, another stated goal of cancer surveillance is the "wise allocation of limited resources including setting priorities for allocating health resources," which depends partly on the "availability of complete, timely, and high-quality cancer data" (CDC 2004).
Life history theory describes the competitive allocation of limited resources between physiological functions during development57,58,59,60.
This suggests the need for well resourced, deliberative approaches in which citizens consider the consequence of decisions over the allocation of limited resources.
A leader of an anti-immigration organization told a Times reporter that the measure was "a really stupid allocation of limited resources".
But States routinely make tradeoffs in the allocation of limited resources, and it is reasonable that a State bear the consequences of these choices.
A general framework for understanding endocrine hormones suggests that OT may more generally have been shaped by selection to modulate allocation of limited resources.
Ira Mehlman, a spokesman for the Federation for American Immigration Reform, which sued the state to overturn the law granting illegal immigrants in-state tuition, called the bill "a really stupid allocation of limited resources".
Decision makers need methods to help them identify the optimal allocation of limited resources to meet conservation goals, and decision analysis is uniquely suited to assist with the development of such methods.
In the present paper, I apply it to show that the allocation of limited resources among various uses may be biased in favor of a particular use if it was preferred to another in a previous situation.
The composite threat index approach provided managers with a report card for the Wet Tropics landscape which allows rapid assessment of vegetation condition and contributory threats, and thus prioritization for the allocation of limited resources to threatening processes at the subregional scale.
Similar(1)
This paper studies the evaluation of methods for targeting the allocation of limited resources to a high-risk subpopulation.
More suggestions(12)
efficient allocation of limited resources
effective allocation of limited resources
distribution of limited resources
assignment of limited resources
allocation of scarce resources
allocation of finite resources
allocations of limited resources
allocation of limiting resources
allocation of restricted resources
allocation of constrained resources
allocation of limited funds
allocation of limited budgets
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com