Human resource planning involves forecasting an organization's future personnel needs and ensuring the right employees are available. The objectives of HR planning include forecasting needs, optimizing resource utilization, productive use of existing staff, coping with changes, providing control measures, and assessing costs. An effective HR plan has efficient objectives, top management support, skills inventories, HR information systems, and coordination. The HR planning process involves setting objectives, estimating structure/needs, conducting manpower audits, analyzing jobs, and developing HR plans. Recruitment is the process of finding and encouraging potential job candidates. Selection identifies individuals with the required qualifications to fill jobs. Placement assigns employees specific jobs and responsibilities.