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 could appraisals be made successful in organisations, Question: Per...

Question: Performance Appraisal "Is the process of evaluating the performance and qualifications of the employees in terms of the requirements of the job for which he is emp

Can surprises be reduced, Q. Can surprises be reduced? Yes absolutely! ...

Q. Can surprises be reduced? Yes absolutely! By their vary nature projects are uncertain business and uncertainty can lead to both risk and opportunities. As a result a very im

Implementing tqm techniques, IMPLEMENTING TQM TECHNIQUES IN LIBRARY AND INF...

IMPLEMENTING TQM TECHNIQUES IN LIBRARY AND INFORMATION CENTRE MANAGEMENT: Total Quality Management (TQM) as a management tool needs to radically rethink the way in which a lib

What is productivity, What is productivity? Productivity: Product...

What is productivity? Productivity: Productivity may be described as the ratio between input and output. Output implies the amount produced or the number of items produce

Discuss ways to review a project, Question: (a) A famous man once said:...

Question: (a) A famous man once said: "If you do not know where you are going, how will you know how you will reach your destination". This sentence captures the importance of

Quantitative layout analysis - correlation chart, Quantitative Layout Analy...

Quantitative Layout Analysis - Correlation Chart  In this technique we draw a gird with rows presenting alternative solutions. Plant item can be a ground floor (G >F) First fl

How is inventory procurement costs expenditure connected, How is Inventory ...

How is Inventory procurement costs expenditure connected? Inventory procurement costs that consists of expenditure connected along with as a. Its Receiving quotations b.

Downward communication from the superior to the subordinate, How must be th...

How must be the downward communication from the superior to the subordinate? There formal communication in between subordinate and superior, here the superior sends directions

Caselet, what are the objective of the project alignment session program?

what are the objective of the project alignment session program?

Projects at times get delayed due to various factors, QUESTION a) Proje...

QUESTION a) Project management activities are carried out in a planned manner. List the distinguishing characteristics of a project? b) During project management meetings, t

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