Policies-planning function, Project Management

Assignment Help:

Policies

  • are general statements to guide subordinate thinking in the decision making process.
  • policies define the area within which a subordinate may make a decision. In this respect, policies tend to predecide issues within that defined bracket.


   
Advantages of Policies as Plans
:

  • Ensure consistency in decision making.
  • Avoid repeated analysis and therefore save time.
  • Provide uniformity in actions in various units and in different periods of time.
  • Enable superior managers to delegate authority without much loss of control.
  • Minimize mistakes in decision making in as much as they provide guidelines.
  • Train subordinates to handle responsibility.

Related Discussions:- Policies-planning function

Explain about the process of managing risk, Explain about the process of ma...

Explain about the process of managing risk. A process of managing risk: 1. Risk committee establish to address risk issues categorised for example usual risk audits, to estimat

Assignment 2 intro to project manage, Assignment #2 . Assignment #2 Yo...

Assignment #2 . Assignment #2 You will need to first develop a customer''s Request for Proposal (RFP), then go to the simplified Project Proposal on pages 76-78 of your text a

Explain about the break even analysis, Explain about the Break Even Analysi...

Explain about the Break Even Analysis. Break Even Analysis: Break even Analysis means that at some point within the operations, total revenue equivalent to total cost. Break ev

Developing a safe system of work, Question: (a) With reference to the ...

Question: (a) With reference to the Confined Space Regulations 1997. (i) Give the meaning of ‘confined space', providing TWO workplace examples (ii) What are the speci

Principle of parity of authority and responsibility, What is the principle ...

What is the principle of parity of authority and responsibility? The principle of parity of authority and responsibility states which in delegating; managers should match the r

Write short notes on earned value method, 1 Write short notes on Earned Val...

1 Write short notes on Earned Value Method (EVM) 2 What are the common features available in PM software packages? 3 A project should earn sufficient return on the investment

The three flows in Supply Chain Management, Hi can you please provide info ...

Hi can you please provide info on referencing material and more detailed info on the three flows in supply chain management?

Define role of initiation phase in the project management, Define the role ...

Define the role of initiation phase in the project management. Initiation phase: The initiation phase is the starting of the project. In this phase, the concept for the p

Challenges in quality management, Question 1: Describe - Expected Quali...

Question 1: Describe - Expected Quality, Design Quality and Actual Quality and how they influence the customer satisfaction. A Defining Expected Quality, Design Quality a

Discuss the sources of national competitive advantage, Porter's Diamond is ...

Porter's Diamond is a useful framework that can help an organisation in identifying the extent to which it can build on home based national advantages to create competitive benefit

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