Preparation of inventory of resources:
The first step in resource planning is the preparation of an inventory of resources. This involves identifying and cataloging all the resources available for development. Resources can include natural resources like land, water, minerals, and forests, as well as human resources, such as skilled labor and expertise. It is important to have a comprehensive inventory in order to understand the scope and potential of available resources.

Evaluation in terms of availability for development:
Once the inventory is prepared, the next step is to evaluate the resources in terms of their availability for development. This involves assessing the quantity, quality, and accessibility of each resource. For natural resources, factors like sustainability, renewability, and environmental impact need to be considered. For human resources, factors like skill level, education, and training are taken into account. The evaluation helps in determining the feasibility and suitability of using particular resources for development purposes.

Planning of exploitation of resources:
After evaluating the resources, the next step is to plan the exploitation of resources. This involves determining how resources can be utilized for economic, social, or environmental development. It includes identifying the best methods and strategies to extract, process, and utilize the resources efficiently. This step also involves considering potential risks and challenges associated with resource exploitation, such as environmental degradation or social conflicts. The planning phase helps in optimizing resource utilization and maximizing benefits while minimizing negative impacts.

Conservation of resources:
The final step in resource planning is the conservation of resources. This step focuses on ensuring the sustainable use and preservation of resources for future generations. Conservation measures may include implementing regulations, policies, and practices that promote responsible resource management. It also involves raising awareness and educating stakeholders about the importance of resource conservation. Conservation efforts aim to prevent resource depletion, preserve biodiversity, and maintain ecological balance. This step is crucial for long-term sustainability and the well-being of both present and future generations.

In conclusion, resource planning involves several steps, starting from the preparation of an inventory of resources to the evaluation of their availability, planning their exploitation, and finally, ensuring their conservation. This systematic approach helps in effectively managing and utilizing resources to achieve sustainable development and balance economic, social, and environmental needs.