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In very basic terms when you rst consider a project you will need to assess
the staff time, funds and assets needed to deliver it, and any associated risks
and make sure you set a budget for it. You will then need to make sure that
any powers delegated to staff to run the project are properly delegated and monitored and that the outcomes of the project are monitored and recorded
so that you can assess later on how effective your project was. It is also always prudent to ask up front how you might exit a project if things go wrong. If you
are considering a complex project it is generally helpful to consult professional advisers early on to minimise the risk of missing something technical which could later add signi cantly to the time and cost of the project. It is also worth checking whether you might need consent under canon law to a large project. It is also the trustees responsibility to manage the staff and volunteers of the charity.
5. Act with reasonable skill and care
Legislation requires trustees to act with reasonable skill and care when carrying out their duties. There is a slight variation in the duty depending on what kind of charity you are a trustee of. We lay out a brief overview of the legislation below:
Trustee Act 2000 (applies to trusts)
Trustees must exercise such care and skill as is reasonable in the circumstances, having regard in particular:
(a) To any special knowledge or experience the trustee has or holds themselves out as having; and
(b) If the trustee is acting in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession
Companies Act 2006 (applies to companies)
Directors must exercise the care, skill and diligence that would be exercised by a reasonably diligent person with the general knowledge, skill and experience to be reasonably expected of them and that which they actually have.
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