Why is resource planning essential in a country like India?
Resource planning is very important for a country like India because it has enormous diversity in the availability of resources as given below: Jharkhand, Chhattisgarh and Madhya Pradesh- rich in minerals and coal deposits. Arunachal Pradesh-abundance of water resources but lack of infrastructure development.
What is the need for resource planning class 10?
Resource planning helps to identify both the type and the amount of resources available in a country. This is important because this helps us with the further process of allocating the resources in places where necessary. This ensures an equal distribution of resources among all the regions. 2.
Why is resource planning important in India explain with examples?
Resource planning is essential for sustainable existence of all forms of life. Resource planning is essential for India as there is enormous diversity in the availability of resources. For example the state of Rajasthan has vast potential for the development of solar and wind energy but is deficient in water resources.
What is the purpose of resource planning?
What is resource planning? Resource planning is a process of allocating tasks to team members based on their capacity, skill sets, and the best fit for the job. It maximizes efficiency by helping teams to manage their utilization rates, track capacity, and monitor progress, to keep projects on budget and work on track.
What is meant by resource planning?
Resource planning is called the strategy for prearranged and cautious utilisation of resources. It is important for the very existence of all living beings. It is actually the judicious use of resources. In a country like India, resource planning turn of vital importance as resources are not distributed properly here.
What is Resource Planning explain?
Resource Planning Definition 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.
Why is resource planning essential describe three stages of resource planning?
The first stage includes surveying, mapping and measurement of characteristics and properties of resources. The second stage examines resources from the points of view of technology, economy and need. The third stage is related to action-oriented planning which emphasises use and reuse of the sources.
What do you mean by resource planning discuss the need of resource planning?
Resource planning is a systematic process to achieve the optimum use of an organization’s time and people. Using a conflux of project management skills and timekeeping, they have to create and maintain stability between projects, tasks, teams, time and budget.