What is human resource planning?

Human resource planning is fundamentally about ensuring that an organization has the right number of people, with the right skills, in the right places, at the right times, to fulfill its current and future objectives. This involves assessing both the organization's future manpower needs and the current workforce capabilities.

The correct answer captures this essence by highlighting the process of meeting organizational manpower requirements, which involves strategic forecasting and planning to align human resources with the organization's goals and projects. This planning must take into account not just current needs but also future growth, turnover rates, and potential shifts in the business environment.

In contrast to the other choices, while determining limitations within the workforce, managing personnel issues, and evaluating employee performance are important functions of HR, they do not encompass the broader and forward-thinking focus of human resource planning. These functions may be components of a comprehensive HR strategy, but they do not explicitly define the proactive and organized approach necessary for effectively managing an organization's human capital needs in alignment with its strategic objectives.