Work Load Analysis: It is dependent upon the nature of work load in a department, in a branch or in a division.
Trend Analysis: Manpower needs can be projected through extrapolation (projecting past trends), indexation (using base year as basis), and statistical analysis (central tendency measure).
Expert Forecasts: This includes informal decisions, formal expert surveys and Delphi technique.
The Manpower forecasting techniques commonly employed by the organizations are as follows:
Making future manpower forecasts- Once the factors affecting the future manpower forecasts are known, planning can be done for the future manpower requirements in several work units.
Once these factors are registered by a manager, he goes for the future forecasting.
Number and quantity of such departments.
For this the following things have to be noted.
Analysing the current manpower inventory- Before a manager makes forecast of future manpower, the current manpower status has to be analysed.
Design training programmes Steps in Manpower Planning.
Analysing the current manpower inventory.
Human Resource Planning has to be a systems approach and is carried out in a set procedure. Human Resource Planning has got an important place in the arena of industrialization. Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization.