A great policy document describes what your organization does, who does it, why they do it, and how often it happens. It’s not a standard, and it’s not a process document. How you meet the policy is not the purpose of a policy document. A well-written policy creates less work, gives clearer guidance, and results in less painful audits. However, creating a great policy is not as easy as it sounds, and there are common pitfalls to avoid when writing one. Master the art of policy writing to increase adherence to audit in the evaluated competency of the ERM success cycle.