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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 responsibility of subordinate along with the grant of commensurate authority. Assignment of tasks or duties without sufficient authority will render a subordinate ineffectual. Authority without matching responsibility will create him irresponsible. When authority exceeds responsibility, the additional authority may be used capriciously, arbitrarily or without sufficient consideration of the effect upon others. When responsibility exceeds authority, we would effectively holding persons accountable for objectives they cannot control/change. A perfect delegation is one that makes sure a proper balance in between responsibility and authority. Both authority and responsibility are coextensive terms, which is the two go together. Therefore, in the process of delegation of authority, such parity in between authority and responsibility should be taken care of. No further subordinate could be held responsible for demonstrating those results for that no authority was granted to him. Therefore, there has to be an equitable balance in between authority and responsibility.
What is the meaning of exception reports? Progress (or exception reports) can be utilized to monitor and to control the project. It permits the project board or project manager
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