Planning involves preparing schemes for economic activities with the aim of maximizing economic welfare and utilizing resources efficiently. The objectives of planning include economic growth, self-reliance, reducing unemployment and inequality, and optimizing resource use. The planning process involves environmental scanning, strategy formulation, implementation, and monitoring and evaluation. It is a continuous process that requires setting priorities, analyzing problems and strategies, developing measurable objectives and indicators, and considering assumptions and budgets. Effective planning requires coordination between different levels of government and stakeholders.