Question

What is resource planning? Why is it called a complex process?

Answer 1

Hint:
- It helps to ensure a fair distribution of capital among regions with acute shortages.
- It helps to maintain track of the remaining capital and It will take care of future generations.

Complete solution:

Why is Resource planning a complex process?

Resource Planning:

Resource preparation is a strategy or skill for the proper utilisation of capital. As resources are scarce and unevenly dispersed throughout the world, their preparation is important.
Resource planning consists of three phases:

- Planning an inventory of materials.
- Evaluation in terms of availability for production.
- Preparation and utilisation of capital

• The first step entails surveying, mapping and calculating the properties and features of the resources.
• The second stage explores capital from the point of view of infrastructure, industry and needs.
• The third stage applies to action-oriented planning, which stresses the use and re-use of sources.

Resource planning is a dynamic/complex process in India for the following reasons:

- Planning includes identifying the services available in various areas of the world. This is not a simple task, since it involves surveying and mapping the different regions of the world. It is therefore important to estimate the quality and quantity of the available minerals.

- Resource planning is a complex resource. It includes the introduction of suitable technologies, the development of capabilities and the creation of a variety of organisations for the implementation of the resource development plan.

- One of the difficult challenges is to coordinate and align resource creation strategies with national development plans.


Note:
Resource preparation is important for the following reasons:

- It helps to recognise the various resources available in the different regions of the world.
- It helps to preserve different non-renewable/extinguishable commodities.
- It aims to reduce the waste of money.