Transparency

Compliance

Conflict identification

Accountability

Prevent internal losses and legal consequences

Improve reputation

Better customer support

Increased profits

Forced choice between values

Duties conflict with values

Honesty

Responsibility

Respect

Fairness

Loyalty

Honesty

Are there rules that apply to situation?

It is a matter of compliance with regulations?

Is there a conflict between values?

Are ther alternatives equally justifiable?

Will stakeholders be affected?

Awareness of how decisions impact project

Cultivates teamwork and productivity

Supports personal growth and meaning

Helps avoid lawsuits and fines

Promotes positive leadership image

Promotes responsibility, respect, fairness, honesty

Guides how values translate into policies

Whistleblowing policies

Harrassment policies

Environmental policies

Gifts and gratuities policies

Describe the expectations of project managers

Instill confidence in profession

Apply to global community

Act as a catalyst for others to study ethics

To be applicable to project managers and the profession across the world

Growth in membership

Globalization

Ethical scandals

Act in best interest of society

Accept only those assignments for which you are qualified

Take action when errors or omissions occur

Understand industry regulations and legal compliance

Project managers should negotiate in good faith.

Should never be abusive towards others.

Must respect the property rights of others.

Acting impartially and objectively

Decisions should not be based on self interest favouritism, or prejudice

Avoid decisions based on personal considerations

Apply rules without prejudice

Avoid discriminating against colleagues

Try to understand the truth

Provide accurate information

Commit to fulfilling promises

Encourage truth telling

Avoid deceitful behavior

Avoid dishonesty

Conflict of interest

Confidentiality breach

False or incorrect reporting

Failure to apply industry standards

Project failure

Loss in confidence

Loss of profit

Faulty product

Lawsuits

Encourage and enforce standards

Does not constitute a formal legal process

Has sole authority to apply the standard

Enforce adherence to the code

Submission of ethics complaint form to CEO of PMI

CEO reviews complaint

Accepted complaints referred to Review Committee

Review Committee accepts or rejects complaint

Ethics complaint notice issued to respondent

Respondent submits Ethics Complaint Response Form

Review team determines whether charges should be brought

Denial of membership or certification

Reprimand (private or public)

Prohibition of suspension of membership

Termination of membership

Builds trust

Clarifys what is expected of all members

Builds confidence in the profession

Reduces liability

Take ownership of decisions and actions of you and your team

Honor role and act conscientiously

Base decisions on the best interests of society

Accept assignments consistent with your background

Honestly disclose weaknesses

Fulfill commitments

Take ownership of errors

Protect confidential information

Uphold the PMI Code

Inform yourself about and uphold laws

Report unethical or illegal conduct

File only complaintes supported by facts

Never take part in illegal activities

Be informed about cultural norms

Listen to all perspectives

Approach others directly with any issues

Never undermine another's reputation

Conduct yourself professionally

Hold people accountable

Negotiating in good faith

Not using influence for personal gain

Avoiding abusive manner toward others

Respecting the property rights of others

Anger

Resentment

People to lose motivation & interest

or become difficult to work with

make decisions and act impartially and objectively

PM should avoid competing self-interest, prejudice, and favoritism

create a productive and conflict free environment

Demonstrate transparency in decision making

Reexamine objectivity

Provide equal access to information

Make opportunities equally available

Disclose conflicts of interest

Withdraw from decision making until full disclosure is made

Not base actions on personal considerations

Refrain from discrimination

Apply rules without favoritism

Try to understand the truth

Be truthful in communications and conduct

Provide accurate and timely information

Keep commitments and promises

Foster environment where truth telling is encouraged

Make commitments and promises, implied or explicit, in good faith

Don't engage in or condone deceitful behavior

Don't behave dishonestly for personal gain or at the expense of others

Adhering to and modeling ethical behavior

Including ethical dimensions in decision making

Ensuring a transparent decision-making process

Defining a joint process and mutually agreeable criteria

Cultural diversity

Multiple experiences and languages

Different geographic locations

Be aware of differing policies

Be awasr of cultural differences

Know the applicable laws and regulations

Follow PMI and company ethical standards

Foreign Corrupt Practices Act

Prohibits the bribery of foreign government officials, however, it acknowledges that payments for "routine" government action for permits, licenses, and police protection are normal and acceptable.

Responsibility

Respect

Fairness

Honesty

Define the dilemma

Identify stakeholders

Determine what standards need to be followed

Consider decision options

Ensure your own behaviors adhere to the PMI code of ethics and professional conduct

Make ethical decisions in groups and ensure these decisions are made public

Define a joint proces and mutually agreeable criteria for ethical decision making

Incorporate an ethical dimension in all decision-making procedures