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

Benefits of Group Technology, Benefits of Group Technology 1.Reduced F...

Benefits of Group Technology 1.Reduced Flow Times: Compared to the earlier process layout, there are very few halts. Hence flow times are reduced considerably. 2.Process Tim

What if i need more time in my project, Q. What if I need more time in my p...

Q. What if I need more time in my project? A competent as well as professional project manager is always up front with the sponsor or senior management. The meeting perhaps unc

System engineering and deployment of Envirobat, i need a 5000 words report,...

i need a 5000 words report, i have already submitted a project plan from a material. i want report from already available material and some portion from yours as well.

Measures of success of project management, M eas ures of Success The ...

M eas ures of Success The most important objective of project management is to meet or exceed expectations of the sponsors of the project. These prospects are typically expre

Continuous improvement - total quality management, Do it Right First Tim...

Do it Right First Time : TQM adopt the policy of zero defect. There is no scope for rework and rejection. The right first time or zero defect is the result of an empha

Principle of parity of authority and responsibility, What is the principle ...

What is the principle of parity of authority and responsibility? The principle of parity of authority and responsibility states which in delegating; managers should match the r

Describe standards of data quality, Question 1: Describe any two standa...

Question 1: Describe any two standards of data quality Any two of the following Governance and Leadership Policies and Procedures Systems and Processes People

Risk breakdown structure (rbs) , Risk Breakdown Structure (RBS)  R isk...

Risk Breakdown Structure (RBS)  R isk Breakdown Structure (RBS) is a tool developed by Dr. David Hillson that is used to guide the risk management process. He describes RBS as

Explain the time-cost optimization algorithm, Question 1: What do you m...

Question 1: What do you mean by crash duration? Explain the Time-Cost Optimization algorithm crash duration/crash time - explanation including figures  Steps of Time-C

How to measures customer satisfaction for the product, Quality ultimately i...

Quality ultimately is calculated in terms of customer satisfaction.) Surveyed before product delivery and after product delivery (and on-going on a periodic basis, using standar

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