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place, at the right time doing things for which
they are economically most
suitable. HRP includes the estimation of how many qualified people are
necessary to carry out the assigned activities
how many people will be
available, The various techniques of forecasting Human Resource are
i. Managerial
Judgement Method
ii. Delphi Technique
iii. Work
Study Technique
iv. Ratio – Trend Analysis
v. Statistical and Mathematical Models.
There would be both short – term and long – term HR planning. Various
factors influencing HR planning are i)
Government, ii) Social Factors,
iii)
Economic Factors, iv) Technological Factors.
Answer key
1)
Explain the significance of HRP and its importance for the
achievement of organizational goals.
2)
HRP process:
6. Organisational plans & policies Human Resource Planning –
Forecasting demand and supply – Identification of HR gap –
Action
plan. .
3)
Forecasting HR – Need for – Methods.
4)
HR gap – gap between demand and supply. The gap may be due to
surplus or deficit – remedial measures.
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