Project Management

SUMMARY: The term "ethics" is commonly used to refer to the moral principles that are accepted by the majority of the members of society. This chapter discussed the code of ethics for the project management profession that have been laid down by the PMI. The code details -- ethical standards for upholding personal and professional conduct; ethical standards at the workplace; ethical standards pertaining to the project manager’s relationship with employers and clients; ethical obligations towards society. This chapter also examines the obligations of the project manager towards the stakeholders of the project. Finally the code of ethics that should be followed by professionals in the procurement department has also been discussed.