Policy statement, Project Management

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.
Posted Date: 9/28/2012 5:55:22 AM | Location : United States







Related Discussions:- Policy statement, Assignment Help, Ask Question on Policy statement, Get Answer, Expert's Help, Policy statement Discussions

Write discussion on Policy statement
Your posts are moderated
Related Questions
GBF Group is a leading food and beverage manufacturer with an international presence in over 50 countries worldwide. The group has seven strategic business units (SBUs) and each ha

Question: (a) Back~to~Future International, a recently setup non-profit organization by the students of Fashion & Design Institute, has decided to organize a fashion show. The

Costs of Quality Quality management is not only concerned with maintaining the quality characteristics of a product but also with doing the same at least cost. The

What do you mean by differentiation in organisation structure? Differentiation implies differences in cognitive and emotional orientation in between managers in various departm

Processes by Market Orientation Processes can  also be categorized on the basis  of four  marker orientations: Make to Stock (MTS): the goods usually are standard mat

Balance of Payments A summary of balance of payments in the statement of international transactions between U.S. residents and residents of foreign nations serves as a measure

Question: (a) Consider the following quality goals and provide a way to make the goal more tangible such that it can be easily verified: ?Software should be user friendl

Advantages of Product Layout Regulation of Production: Since  production  is planned  according  to an orderly sequence manufacturing  time  from the  initial  operations

Budgeted cost of work performed (BCWP), or "earned value" (EV), in project management is the budgeted cost of work that has truly been done in carrying out a scheduled task in a p

Question : (a) What are the factors that have propelled the spread of HRM discourse and practice to developing and less developed countries? (b) Discuss the Morgan's(1986)m