What are the Different Steps of Resource Planning?

By Shubhra Anand Jain|Updated : June 23rd, 2022

There are three different steps of resource planning, and the first step involves the preparation of inventory resources. The second step is about evaluation in terms of availability for development. The third step involves planning the exploitation of resources. Resource planning is the skill of making the best use of resources.

Different Steps of Resource Planning

Resources are limited and unevenly distributed throughout the country, which is why resource planning plays an important role. As we mentioned above, there are 3 major stages of resource planning:

  1. Preparation of Inventory Resources: Here the properties and characteristics of resources are surveyed, measured, and mapped.
  2. Evaluation in terms of availability of development: This involves developing a planning structure with the right technology and institutional arrangements for implementing resource development plans.
  3. Planning for exploitation of resources: It is about action-oriented planning which emphasizes on use and reuse of resources.

Resource Planning

Resource planning is a strategic approach that ensures the most effective use of resources within a single project or portfolio of tasks. Organizations can achieve maximum efficiency when resources are implemented properly and with the better optimization of resources, without over or under utilization of any one resource.

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FAQs on Different Steps of Resource Planning

  • Preparation of inventory resources, evaluation of the availability for development, and planning for resource exploitation are the different steps of resource planning.

  • The second stage of resource planning includes coming up with a planning structure with appropriate skill, technology, and institutional set-up for proper implementation of development plans.

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