From a funding perspective, a data management policy is a directive providing language that encourages or requires researchers to provide a data management plan in order to fulfill institutional, grant or other types of funding expectations. The National Science Foundation is one example of an institute that has a data management policy in place requiring researchers to submit a data management plan as a stipulation to receive funding.
From an institutional viewpoint, academic institutions such as the University of Edinburgh have also instituted a data management policy that includes specific requirements as they pertain to research data. Data management policies are implemented in order to ensure that research data remains available and reusable over time. Currently there is no standard framework for implementing institutional data management policies, as these policies are applied to the specific needs of an institution rather than to a general audience overall. Programs such as JISC (formerly Joint Information Systems Committee) and the Digital Curation Centre have taken strides to assist institutions develop a data policy framework to address these challenges.