Approval policy is a configurable entity of request management that helps associate various request types with approval processes defined in the request service only for request-level and operation-level approvals. It associates approval workflows to be initiated at request or operation levels for a request type. You can use approval policies to associate various request types with various approval processes, which are the SOA-based workflows. Approval policies control which approval process is to be invoked based on the request data evaluation.You can define multiple approval policies for a request type. Each approval policy is associated with an approval process. When the request is submitted, in the approval initiation phase, all the approval processes associated with the request type are picked up dynamically. Each approval policy has a priority in the backend. Each approval policy decides on what process to invoke based on approval policy priority and approval policy rule.
This video demonstrates How to create approval policy in Oracle Identity Manager:
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