Description: The Escalation Policy refers to a set of guidelines that establish how and when issues should be escalated within a project. Its main objective is to ensure that problems that cannot be resolved at a certain level are brought to a higher level of management for resolution. This policy is crucial in project management as it allows for a quick and effective response to challenges that may arise during the project lifecycle. Key features of an escalation policy include clarity in escalation criteria, identification of responsible parties at each level, and definition of communication channels to be used. The relevance of this policy lies in its ability to minimize downtime and ensure that issues are addressed promptly, thus avoiding project delays and ensuring efficient resource utilization. A well-defined escalation policy not only improves communication among team members but also fosters a collaborative work environment where everyone knows how to proceed when facing an obstacle, contributing to the overall success of the project.