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

Describe reck and long''s purchasing development model, Describe Reck and L...

Describe Reck and Long's purchasing development model. Supply is now accepted as a more fundamental and strategic method when compared to purchasing. Twenty years ago Reck and

Define the design phase of the project management, Define the Design phase ...

Define the Design phase of the project management. Design phase:   The list of needs which is developed within the definition phase can be utilized to make design alte

Professional boundaries, An enrolled nurse has been assigned to care for a ...

An enrolled nurse has been assigned to care for a close relative who she cares for deeply who has been admitted to hospital with chest pain.  Nobody knows that this patient is rela

Concept of values to an individual, An organisation's capacity to maintain ...

An organisation's capacity to maintain a sustainable competitive advantage depends largely on its core competencies as well as the ability to refine and enhance them in the context

International bussies, VK Ltd a multi-product Company, furnishes you the fo...

VK Ltd a multi-product Company, furnishes you the following data relating to the year 2000. First Half of the year Second Half of the year Sales Rs. 45,000 Rs. 50,000 Total Cost Rs

The purpose of a project initiation document, S Company has been awarded th...

S Company has been awarded the contract for the refurbishment of a local hotel. The overall timescale for the project has been agreed at 30 weeks (a high fast completion for this s

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

What are interpersonal skills, Problem 1: How Performance Management wi...

Problem 1: How Performance Management will help in the achievement of organisation success? Problem 2: What are interpersonal skills? Show the importance of interperson

Why do projects need planning, Q. Why do projects need planning? A basi...

Q. Why do projects need planning? A basic of managing projects is first to plan and then to accomplish. Obviously good project management is lots more complex as we shall see s

What is the estimated cost of the whole project, Question 1: (a) Using...

Question 1: (a) Using information from Table 1, build a network diagram for the project. (b) Perform a Forward Pass on the network diagram and deduce the duration of the p

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