Asked by: Hannelore Barrezueta
asked in category: General Last Updated: 7th May, 2020

Why did PMI create the code of ethics and professional conduct?

The purpose of the Code of Ethics and Professional Conduct is to instill confidence in the project management profession and to help an individual become a better practitioner. The Code focuses on four areas: responsibility, respect, fairness, and honesty.

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Herein, what are the aims of the PMI code of ethics and professional conduct?

"Honesty, responsibility, respect and fairness are the values that drive ethical conduct for the project management profession," according to the Project Management Institute (PMI). PMPs are held to a code of ethics (PDF) to ensure decisions and actions are always honorable and in the best interest of stakeholders.

Also Know, what is professional responsibility in project management? Responsibility towards an ethics based professional practice by: 1. Acting in an honest and ethical manner when interacting with PMI/other organizations and when providing project management services. 4. Making decisions and taking actions based on the best interests of society, public safety, and the environment.

Consequently, how do codes of ethics affect professional?

Ethics. Ethics refers to a set of rules that describes acceptable conduct in society. Because professionals such as physicians, attorneys, engineers, and property and facility managers provide services that affect our welfare, they develop professional codes of ethics that establish professional standards for behavior.

Why is ethics important in project management?

Project management ethics is an essential ingredient while managing projects. Most importantly it helps project managers make wise decisions. The code of Ethics and Professional Conduct highlights ethical values such as trust, honesty, responsibility respect and fairness.

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