Policy statement, Project Management

Assignment Help:

Policy Statement

Policy statements are necessary to clarify intentions, describe the policy administration process and define policy particulars. Policy statements protect an organisation from misunderstanding that may lead to unauthorised behaviour or lawsuits.

There are three main parts of a policy statement. The first part of a policy statement gives an overview of a policy and the intention for its creation. An organisation can have different policy statements that address different areas. The second part of the policy statement describes to whom the policy applies, who monitors the adherence of the policy and the process, and to whom an appeal has to be addressed in case of disagreement.  The third part of the policy statement should describe the entire policy in detail, the policy application process, how misunderstandings should be sorted out, and the term (time period) for which the policy will remain effective. The main purpose of policy statement is to avoid confusion by making the expectations clear. Let us list out the salient features of policy statements:

  • Should have well defined objectives within an accountability framework.
  • Should be approved in accordance with project approval requirements.
  • Should employ sound project management principles.
  • Should be adequately resourced by departments.
  • Should have a comprehensive and coordinated definition of the overall scope of the project.
  • Should be managed in a manner sensitive to risk, complexity and economy of resources.

Related Discussions:- Policy statement

Write short notes on earned value method, 1 Write short notes on Earned Val...

1 Write short notes on Earned Value Method (EVM) 2 What are the common features available in PM software packages? 3 A project should earn sufficient return on the investment

Design and implement company network infrastructure, Network Infrastructure...

Network Infrastructure: This project will require replacement of major networking components throughout the office. Virtualization will result in increased speed and reliability f

Develop a integrated management project, You are not expected to submit a f...

You are not expected to submit a formal proposal. However, you will be able to access Subject Tutors via HenleyConnect and you may seek feedback from them as to the suitability and

Varying utilization plan, Varying Utilization Plan The utilization of ...

Varying Utilization Plan The utilization of workers is varied keeping it he workforce size and inventory size constant. The number of workers is kept constant in this plan. Du

Developing a Proposal, Your first assignment is to complete a Project Prop...

Your first assignment is to complete a Project Proposal. You are expected to produce a thorough and professional treatment of every element of the deliverable. The page length asso

Principal problems of managing projects in organisation, What are the princ...

What are the principal problems of managing projects in a fully functional organisation structure? The major problems of functional organisations are to perform with what may b

Transaction cost theory could help the head of insurance, The Head of Insur...

The Head of Insurance at JKL Bank has been considering how to make efficiencies in the operation of the Car Insurance Business Unit. One option under consideration is to outsource

Evaluation of the prototype, At this stage of design the designer will...

At this stage of design the designer will invariably by under tremendous pressure to quickly finish the design and pass it on for production. This is so because even w

Developing a project plan, You are creating a customer database for the Win...

You are creating a customer database for the Winston-Salem Warthogs

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd