Improve project policy specs

What does this MR do?

Improve project policy speck

Are there points in the code the reviewer needs to double check?

Nope

Does this MR meet the acceptance criteria?

• CHANGELOG entry added
• Documentation created/updated
• API support added
• Tests
  • Added for this feature/bug
  • All builds are passing
• Conform by the merge request performance guides
• Conform by the style guides
• Branch has no merge conflicts with master (if you do - rebase it please)
• Squashed related commits together