HRP-Human Resource Planning

Human resource planning (HRP) also known as workforce planning or personnel planning

It  is an attempt to forecast how many and what kind of employees will be required in the future, and to what extent this demand is likely to be met. 

 It involves the comparison of an organization’s current human resources with likely future needs and consequently the establishment of programmes for hiring, training, redeploying and possible discarding employees.

 Effective HRP should result in the right people doing the right things in the right place at precisely the right time.

HRP is  a strategy for the acquisition, utilization improvement and retention of an enterprise’s human resources; hence a strategic process

HRP is the process for ensuring that the HR requirements of an organization are identified and plans are made for satisfying those requirements.  It addresses HR needs in both qualitative and quantitative terms i.e., how many people and what sort of people.

 HRP is therefore the process of matching the supply of people – internally (existing employees) – and externally (those to be hired or searched for) – with the openings the organization expects to have over a given period time frame.