Definitions
Everybody who is in a profession has distinctive qualifications to work as a professional and earn for his livelihood. The professional conduct means to carry out your activity operations in a way they should be carried out based on law, good practices, good behavior and management principles. The quality of operation is assessed on the results, good or bad, right or wrong.
Some important terms on the topic are defined as below:
Example- if government (take it as first party) wishes to take a project for hydropower development, and engages a construction agency (call it second party), then the actions of two parties may satisfy each other but ethical requirement is, the third party consisting of other stakeholders should also be pleased or satisfied |
Together, the use of all ethical standards create trust and if not- it will lead to chaos in managing the project, leading to the use of abusive handling. There shall be lack of loyalty, discipline, dedication, direction and desire, and conflict of interests may come up, and so many other problems will come up, which ultimately will kill the project |
The code is to be followed by all the project managers andmembers of PMI and PMPs and by all professionals. |
Aspirational Standards have strong desire to success and evolved around behavioral and emotional development, emotional intelligence. This practice is restricted because of legal implications. |
Mandatory standards are the standards that are required by the law and plays important part in resolution of disputes and keep the professionals out of legal trouble. |
Responsibility( An action taken to complete a task satisfactorily shows responsible action. |
Respect:(Showing high regards to all the resources involved in project operations and management to maintain trust, confidence and performance.) |
(to make decisions and act impartially and objectively) |
Honesty(an honest person doesn’t do things that are morally wrong.) |
It should be noted that a project is taken up after approval of all the plans. Execution is done based on these plans. During the execution process do not change the design or construction specifications or quality standards unilaterally. If need be, go through the change control unit, get approval. Amend documents, and then go for the further action. This is the ethical way of doing the work. If not followed it may create all sort of problems. |
Work in an environment of truth. |
Find what is the truth. |
Be objective and fare in dealings. |
Disclose conflicts of interest. |
Discrimination |
Cooperation. |
Cultural differences |
Negotiations |
Conflicts |
Misuse of power or position. |
Responsibility |
Your qualification matters. |
Respect property rights |
Unethical Behavior |
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