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

Performance problem or challenge, • You also found that over the past 6 mon...

• You also found that over the past 6 months, the Senior Leadership had been very proactive in their attempt to drive a much different strategic vision and had communicated strong

Disadvantages of product layout - heavy capital expenditure, Disadvantages ...

Disadvantages of Product Layout - Heavy capital Expenditure This layout requires heavy capital investment in machines and equipment and for providing specialized facilities to

Explain the terms - product and work package, Explain the terms "product" a...

Explain the terms "product" and "work package" and describe how these are related to each other. A product is a particular deliverable from a project and this may also make a wo

The series of training sessions to help members, PR has recently joined FPC...

PR has recently joined FPC Company as the new Finance Director. He is needed to work towards getting the finance staff to play a fuller role in the company, becoming more integrate

Explain about term performance management systems, Explain about the term p...

Explain about the term performance management systems in brief. Performance management systems: Measurement processes of frequently assessing a projects progress in oppos

Shareholder value - measure for project management value, S hareholder val...

S hareholder value Project management initiative brings a renewed interest among the shareholders. The major investors show more interest by becoming active in the organisati

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

Components of quality, Components of Quality 1. Product feature shave...

Components of Quality 1. Product feature shave a major effect on sales income ( through market share premium prices etc) . in many industries the total external cust

Develop a integrated management project, You are not expected to submit a f...

You are not expected to submit a formal proposal. However, you will be able to access Subject Tutors via HenleyConnect and you may seek feedback from them as to the suitability and

Prepare an action plan based on your findings, As a newly appointed rector ...

As a newly appointed rector of your school, you have received many complaints from students .It is your aim to " democratise quality ", that is to make quality control comprehensib

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