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

Explain the wbs or cbs budgeting planning in project, Explain the WBS or CB...

Explain the WBS or CBS budgeting planning in project. Throughout a project, financial control can be accomplished by actual expenses being tracked against every budget assigned

Principal problems of managing projects in organisation, What are the princ...

What are the principal problems of managing projects in a fully functional organisation structure? The major problems of functional organisations are to perform with what may b

What is working of definition phase in project management, What is the work...

What is the working of definition phase in the project management? Definition phase: After the project plan that developed into the initiation phase, has been approved, a

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

Definition of quality in projects, Definition of Quality in Projects Th...

Definition of Quality in Projects The way to achieve project quality is to make a meaningful and effective transfer of proven quality methods to the project management domain.

What is the important role of Controlling in the management, What is the im...

What is the important role of Controlling in the management? Controlling: Controlling is described as which managerial function that seeks to make sure an absolute c

Virtual museum project, Building design - You can select any building to ho...

Building design - You can select any building to house your museum.  It may be a historical building that we study (i.e. the Pantheon), it may be a current museum anywhere in the w

Disadvantages of product layout - demerits of breakdown, Disadvantages of P...

Disadvantages of Product Layout - Demerits of Breakdown The production line is vulnerable to interruption and shutdowns. A breakdown of a machine will render the entire line i

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