Manpower planning is the process of estimating the optimum number of people required for completing a project, task or a goal within time. Manpower planning includes parameters like number of personnel, different types of skills, time period etc. It is a never ending continuous process to make sure that the business has the optimized resources available when required taking into consideration the upcoming future projects and also the replacement of the outgoing employees. It is also called as Human Resource Planning.
Large businesses often work on forecasting and upcoming opportunities in the pipeline. If these opportunities convert into actual business, they would need manpower to start working on them. But the dilemma is that what if they hired a large number of people to work on an almost sure project but at the last moment the project didn’t start on time. What would the business do with the additional skilled manpower. The other dilemma is that if they kept waiting till the last moment for a project and when the project starts they might not have enough manpower to work and deliver. These questions are solved by the process of manpower planning.
Manpower planning also includes the details like how and when will new employees be acquired. This whole process is done keeping in view the goals of the organization, the future predictions for business and changing technology trends. This helps the organization be prepared for the future with the correct manpower at their disposal for business prosperity.
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