Prime purpose of this article is to discuss on appropriate techniques for Resource Planning. Resource planning is detailed summary of all types of assets like equipment, fund, personnel, time, etc. required to complete a particular task, such like product development. An organization resource plan will glance at the organization’s needs rather than an individual project’s desires. One component of your organization resource plan could possibly be a resource procurement tactic – how will the business obtain the resources needed to achieve their arranged plans. A resource plan addresses what sort of project will be resourced and what exactly supporting services, infrastructure will probably be required. Resource plans enable organizations to optimize resource utilization, balance supply and demand and plan resources over the entire project life cycle.