&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p> <strong>&&num;160&semi;&&num;160&semi;&&num;160&semi; b&period;&&num;160&semi;&&num;160&semi; Project<&sol;strong><&sol;p>&NewLine;<p align&equals;"justify">&NewLine;A project is a plan that organizes a set of limited-scope activities that do not need to be divided into several major parts in order to reach a significant nonrecurring goal&period; <&sol;p>&NewLine;<p> &&num;160&semi;<&sol;p>&NewLine;<ul>&NewLine;<li><strong>Standing Plans<&sol;strong> <&sol;li>&NewLine;<&sol;ul>&NewLine;<p align&equals;"justify">&NewLine;Standing plans are ongoing plans that aimed at providing guidance for performing recurring activities&period; There are three important types of standing plans which are&colon; policies&comma; procedures&comma; and rules&period; <&sol;p>&NewLine;<p> &&num;160&semi;<&sol;p>&NewLine;<p> <strong>&&num;160&semi;&&num;160&semi;&&num;160&semi; a&period;&&num;160&semi; Policy<&sol;strong><&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p align&equals;"justify">&NewLine;Policy is guideline that establishes parameters for making decisions&period; It specifies the broad limits with in which organizational members are expected to operate&period; So it means that policy does not mention the specific action but provides a parameter for action&period; <&sol;p>&NewLine;<p> &&num;160&semi;<&sol;p>&NewLine;<p> <strong>&&num;160&semi;&&num;160&semi;&&num;160&semi; b&period;&&num;160&semi; Procedures<&sol;strong><&sol;p>&NewLine;<p align&equals;"justify">&NewLine;Procedure is a series of related actions that must be taken to accomplish a particular task&period; Policy does not allow much flexibility or deviation because they provide detailed step-by-step instructions as to what should be done&period; In this way procedures outline more specific actions than policies do&period; <&sol;p>&NewLine;<p> &&num;160&semi;<&sol;p>&NewLine;<p> <strong>&&num;160&semi;&&num;160&semi;&&num;160&semi; c&period;&&num;160&semi;&&num;160&semi; Rules<&sol;strong><&sol;p>&NewLine;<p align&equals;"justify">&NewLine;An explicit statement that tells managers what they can or cannot do&period; Rules do not allow any room for interpretation because it clearly specifies the actions needed to be done in a particular situation&period; &NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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