Question

what is resource planning? why is resource planning essential? explain.​

Answer 1

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$\implies$It is essential to have resource planning because of the following reasons. It helps in reducing wastage of resources. It helps in equal distribution of resources among the regions that have acute shortage of it. It helps in keeping track of remaining resources. It helps to take care of future generations.

Answer 2

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Resource Planning is a process of identifying, forecasting, and allocating various types of business resources to the projects at the right time and cost. It also ensures the efficient and effective utilization of resources across the enterprise.

It is essential to have resource planning because of the following reasons: It helps to identify the various resources present in different regions of the country. It helps in the conservation of various non-renewable/extinguishable resources. It helps in reducing wastage of resources.

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