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

Three dimensional model, Three Dimensional Model These are scale model...

Three Dimensional Model These are scale models of a facility and more nearer to the real situation as besides length and width they show height of the facility also. Models ar

Explain de-centralized management model, Solution-if I am the owner of the...

Solution-if I am the owner of the three coffee shops within a 50 mile radius, then I would adopt a de-centralized management model having self directed teams. This will help me in

Determine the analogy method of estimating, The analogy method of estimatin...

The analogy method of estimating is frequently used to produce broad-brush evaluates at the start of a project. Why this method is mainly suited to such application? Determinin

Define product mix, Problem Define Product mix. Explain the factors det...

Problem Define Product mix. Explain the factors determine the decisions of the Product mix. Factors: Expansion of Product mix Contraction of Product mix Alteration

Capacities of machine tools and surface finish, Capacities of Machine Tools...

Capacities of Machine Tools and Surface Finish Capacities of Machine Tools: The dimensional limitations of machine or equipment and their capacities should be considered.

Determining project feasibility and creating schedules, Read the BEC case s...

Read the BEC case study on pages 126–129 of the textbook, and perform the following tasks:   Create a feasibility report for the project in a Word document. Create

Quality Management BUS 401, Total Quality Management (TQM) is a business ma...

Total Quality Management (TQM) is a business management strategy aimed at embedding awareness of quality in all organizational processes. TQM has been widely used in manufacturing,

Project risk management team , Project risk management team  The projec...

Project risk management team  The project risk management team helps to carry out risk management process. The responsibilities of project risk management team are to:

Determine what are the delphi technique, The Delphi technique intends to at...

The Delphi technique intends to attain a consensus evaluates by the efforts of a number of estimators. How is this attained and what is the advantage of the Delphi technique over,

Organization of material management, Organization of Material Management: ...

Organization of Material Management: To  facilitate  planning direction  control and co ordination of  various activities  related to material in an  enterprise  thee should

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