Forcasting human resource demand

Forcasting human resource demand:

Once the assesement of the organistion's current human resource situation has been made and organistional plans have been analysed, future human resource needs can be forcasted. In this process of forcasting the human resource demand, the jobs should be redesigned and analysed reflecting the future human resources based on future organisational plans. Job analysis and forcasts about the human resource mix faciliate demand forcasting.

Today, there is a wide range of options in the methods to be adopted for the forcasting human resource demand. Important forcasting methods are:

1. Mangerial Judgement
2. Statistical techniques
3. Work study techniques