What is the purpose of having HRP in an organization?

What is the purpose of having HRP in an organization?

•HRP helps in an organization to determine the future requirement of the manpower to meet the organizational goal and objective.

•To use the existing manpower as per the required skills.

• It helps in managing the changes as per market conditions like technical, government policy etc.

•It provides the useful information for the promotion and growth of the employee in the organization.

•With the help of HRP an organization can cut the cost also by avoiding shortage or excess of manpower supply.