Capacity Planning
Capacity planning is a strategic process that organizations use to ensure they have the right resources (including personnel, technology, and infrastructure) to meet current and future demands effectively and efficiently. It involves analyzing an organization’s capacity, forecasting future needs, and making informed decisions to optimize resource allocation. Capacity planning is crucial for maintaining operational performance, managing growth, responding to changing market conditions, and avoiding bottlenecks or overprovisioning.
This process may differ according to the given resources and which of three main aspects are considered, as follows:
- Capacity planning for people: The human capital within an organization is its most invaluable asset. Capacity planning for people involves the assessment, optimization, and alignment of the workforce to meet current and future needs. Here’s how it unfolds:
- Skill set assessment: Effective capacity planning...