Explanation:

Human resource planning is one of the most strategic functions incorporated by the Human Resource Management team, which analyzes its employees' capabilities and the demand or supply of work in the market. 

HRP is the process by which the management determines how the organization should move from its current manpower position to its desired manpower position. Through planning, management strives to have the right number and the right kinds of people, at the right places, at the right time, doing things which result in both organization and the individual receiving maximum long-run benefit.