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

Policies-planning function, Policies are general statements to guide...

Policies are general statements to guide subordinate thinking in the decision making process. policies define the area within which a subordinate may make a decision. In

Factors can make competitive rivalry between organisation, DF Company, a re...

DF Company, a relatively new company, is in the business of designing and building farm equipment and machinery. Whilst it has been winning in its first few years of operation, sal

What are the key stages to risk management, Question 1: You have been r...

Question 1: You have been requested by top management to develop projects for enhancing the effectiveness of human resources within your company. Write down a proposal in resp

Industrial management technique, Thus by the term quality control we mea...

Thus by the term quality control we mean the process of control where the management tries to conform the quality of the product in accordance with the pre determined stand

Ethics assignment, A 69 year old Greek man, Mr. Baltas, who speaks little E...

A 69 year old Greek man, Mr. Baltas, who speaks little English, was admitted to a major hospital in Melbourne for assessment and tests for a cancer-related illness. He had been dia

The Walsham Hotel: the Mechatronic KoolNitro 346 mini-bar, Compare and Cont...

Compare and Contrast the KN346 investment and the "plain vanilla" alternative.

Performance problem or challenge, • You also found that over the past 6 mon...

• You also found that over the past 6 months, the Senior Leadership had been very proactive in their attempt to drive a much different strategic vision and had communicated strong

Customer value - measure for project management value, C ustomer value ...

C ustomer value There is a considerable debate within the business world on whether the companies will have to deliver value for the shareholders or the customers. There are m

Caselet, what action should be taken by various functioal managers to meet ...

what action should be taken by various functioal managers to meet the scheduled dates

Project management and leadership, Scenario Even ‘well run' organisations c...

Scenario Even ‘well run' organisations can fail to stay atop of their industries when they are challenged by certain market or technology change. Change is an imminent part of busi

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