Question

What is resource planning?

• A. Justified use of products is known as resource planning
• B. Judicious use of resources is known as resource planning
• C. Just dial use of resources is known as resource planning
• D. None of these

Answer 1

The correct option is B Judicious use of resources is known as resource planning

• Resource planning is a complex process which identifies present and future resources and their needs.
  
• It involves surveying, mapping and qualitative and quantitative estimation of resources.
  
• It is a judicious use of resources.