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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.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M9516613

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