HRM301 – Manpower Planning & Resourcing

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Master of Business Administration- MBA Semester 3

HRM301 – Manpower Planning & Resourcing

Set – 1

Q1. What are the key human resource elements?

Answer. There are nine key HR elements that every human resource manager needs to practice or pay attention to when making decisions. They are:

I)          Planning

Q2. What do you mean by Human Resource Accounting (HRA)? Discuss the objectives and advantages of HRA.

(Definition of Human Resource Accounting, Describing the objectives of HRA, Describing the major benefits of HRA)2, 4, 4

Answer. Human Resource Accounting

HRA can be defined as the process of identifying, recording, measuring human resources and communicating related financial information associated with the human resource to the interested users. Thus HRA not only

Q3. What is Manpower Planning? Mention five essential elements/steps of manpower planning.

Answer. The labor planning function is a key part of the HR function. Labor planning function conducts an orientation program for the representatives of each department engaged in developing the labor demand forecast at the

Set - 2

Q1. Discuss in details the Employee Exit Process

(Explaining the Employee Exit process in detail) 10

Answer. Employee Exit process

Employee exit process ensures that all the documentation and processes are followed in a professional manner by organizations and businesses.

The employee who

Q2. What are the benefits of setting up a training academy?

Answer. Benefits of setting up a Training Academy By setting up an academy, an organization can get the following benefits:

Reduced Hiring Costs – As lesser number of employees is hired through consultants and more number of students is hired from the training academy, the hiring cost is reduced. In addition, the organization generates revenue on every

Q3. Write short notes on the following:

a) Competency Mapping

b) Succession Planning

Answer. Competency Mapping

Competency-based HR is considered the best HR. Competency development and mapping still remains an unexplored process in most organizations. Level 3 of People Capability Maturity Model focused on the competency framework

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