Resource Planning. Resource planning refers to the strategy for planned and judicious utilisation of resources. Resource planning is essential for sustainable existence of all forms of life.It is essential to have resource planning because of the following reasons:\tIt helps to identify the various resources present in different regions of the country.\tIt helps in the conservation of various non-renewable/extinguishable resources.\tIt helps in reducing wastage of resources.\tIt helps in equal distribution of resources among the regions that have acute shortage of it.\tIt helps in keeping track of remaining resources.\tIt helps to take care of future generations.Thus, resource planning is necessary for sustaining quality of life and global peace.