This sentence describes the step of "determining the resources needed" in goal-setting. By identifying items that you might need, you are determining the resources necessary to achieve your goal.
The goal-setting step described by the sentence "Identifies items you might need" is the "Planning" step. In this step, you identify the resources, tools, or items that are necessary to achieve your goal.
The goal-setting step described by the sentence "Identifies items you might need" is the Action Planning step.
