Importance to manpower planning and forecasting exercises

Question

What are the importance to manpower planning and forecasting exercises?

Answer 1

They are elaborated below:

1. To link manpower  planning with the organizational planning

2. To determine recruitment levels.

3. To anticipate redundancies.

4. To determine optimum training levels.

5. To provide a basis for management development programs.

6. To cost the manpower.

7. To assist productivity bargaining.

8. To assess future accommodation requirement.

9. To study the cost of overheads and value of service functions.

10. To decide whether certain activity needs to be commissioned etc.