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

Define project management, QUESTION The project management is an integr...

QUESTION The project management is an integrative endeavour. Projects lead to change and their importance to an organization is also to be understood to differentiate projects

Management is a science or an art, Management is a science or an art Ma...

Management is a science or an art Management like most other arts involves some degree of skill and talent, but management makes use of underlying knowledge (science) and appli

Determine what are the delphi technique, The Delphi technique intends to at...

The Delphi technique intends to attain a consensus evaluates by the efforts of a number of estimators. How is this attained and what is the advantage of the Delphi technique over,

Critical path, Critical Path about wedding planning

Critical Path about wedding planning

Audits, A udits Audits are independent examinations to determine wheth...

A udits Audits are independent examinations to determine whether processes and procedures achieve the specified objective. They are an essential tool to identify problem areas

Project cost, why is project cost considered the most important factor in p...

why is project cost considered the most important factor in project management?

What are the contents of project planning document, What are the contents o...

What are the contents of project planning document? Contents of a PPD (project planning document): a. Project resource plans b. Quality control and quality policies proce

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

Concepts of market size, When JF persuaded a leading retail supermarket cha...

When JF persuaded a leading retail supermarket chain to trial her 'home-made' chocolate dessert range she could not have anticipated how well it would sell. Now a year on she has f

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