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

How is a network diagram constructed, How is a network diagram constructed?...

How is a network diagram constructed? A network (critical path) diagram constructed by: • Needs a pencil, ruler and 2P coin or some stencil otherwise coin for an ideal circl

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

What are the benefits of project management software, What are the benefits...

What are the benefits of project management software? Project management (PM) software benefits are as follows: a. Project scheduling b. Budgeting and controlling cost

Roles of b as the project sponsor and r, DG Company has made a significant ...

DG Company has made a significant investment in a project to develop a new client management IT system, which when implemented should help give the company a competitive edge.  How

What are claimed benefits in use of structured methods, Some critics have s...

Some critics have said that the utilization of structured methods, as like SSADM, raises both delivery time and bureaucracy. Do you imagine these criticisms are justified and what

How can management get more number of goods, How can management get more nu...

How can management get more number of goods? Management can get more number of goods (output) though the similar amount of resources input as given below: • Through reducing

Tqm in manufacturing , Quality is actually built into the product durin...

Quality is actually built into the product during its manufacturing. The manufacturing of a product requires a host of activates involving different departments and sect

Customer orientation - total quality management, IT is the ultimate goal...

IT is the ultimate goal in TQM and thus forms the focal element in TQM. The company should exceed the customer expectations and make him delighted. This means giving

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