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

What does mpmm contain, This product not only having more than 1000 pages o...

This product not only having more than 1000 pages of content explaining how projects should be undertaken successfully, but it also includes: 51 detailed project management temp

Project dess igne, think a project of your own and formulate a questionnair...

think a project of your own and formulate a questionnaire

Project lifecycle for the training centre project, T Company has identified...

T Company has identified a need for, and made a decision to open, a new training centre in one of the major cities in E Country. This is a large scale project for T Company and it

Tangible and intangible while applied to costs and benefits, What do you me...

What do you mean by the terms tangible and intangible while applied to costs and benefits? Tangible costs or benefits are those for that a plausible quantitative value can be

Describe what is involved in benchmarking, FLF is a courier company based i...

FLF is a courier company based in Z Country which presents direct document and parcel express delivery services for commercial customers. It prides itself not only on its reliabili

Backward integration, Backward Integration A strategy in which an orga...

Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.

Calculate how much float/slack time, ST is the operations director of F Bak...

ST is the operations director of F Bakery. He is in the process of putting together a project plan for the introduction of a latest production plant that will enable the bakery to

Understand strategy of organisation by project manager, Why is it significa...

Why is it significant for project managers to understand the strategy of the organisation which uses their services? This enables the project to be considered in the context of

Leadership - participative management, Leadership: Leadership behaviou...

Leadership: Leadership behaviours lead to  highly  motivated staff. Subordinates rely upon the leadership skills of their  superiors to  show them  how to achieve their needs

Location models or methods, Location Models or Methods Factor rating ...

Location Models or Methods Factor rating system Factor Rating System are  perhaps the most   widely used  of the  general location  techniques because they provide  a mec

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