The implication of ethics in project management

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== '''Abstract''' ==
 
== '''Abstract''' ==
 
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Project management is an important discipline that plays a crucial role in the success of organizations. However, ethical considerations are often overlooked in the pursuit of achieving project objectives. This abstract explores the concept of ethics in project management and provides an overview of the ethical practices that are currently going on in the industry.
 
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The Project Management Institute (PMI) emphasizes the importance of ethical conduct in project management and provides guidelines for ethical behavior. The PMI Code of Ethics and Professional Conduct outlines four key values that should be upheld by project managers: responsibility, respect, fairness, and honesty. The code also provides specific guidance on issues such as conflicts of interest, confidentiality, and stakeholder engagement.
Ethics is not a newly developed concept, it has developed over time. Ethics is the discipline of “how to do it best.” Ethical values are sets of standards that could ensure that decisions have taken with high standards. Project management involves decisions, some are small and seldom noticed, and others stand out. These decisions involve people, resources, and the environment. Additionally, there are times when these elements can create conflicts, posing difficulties and even potential risks in the project. Ethical values are vital to learning professionalism and facilitating the process of management and development in project management. This article will provide a holistic view of ethics in Project management, common ethical dilemmas in project management (proposed by PMI), and a decision-making framework to overcome these dilemmas.
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Despite these guidelines, ethical dilemmas are common in project management. For example, project managers may face pressure to cut corners or meet unrealistic deadlines, which can lead to ethical compromises. Other ethical dilemmas may arise when dealing with stakeholders who have conflicting interests or when making decisions that have potential negative impacts on the environment or society.
 
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To address these challenges, project managers must be equipped with the necessary knowledge and skills to identify and address ethical issues. This may involve creating a culture of ethics within the project team, engaging in ongoing ethical training, and seeking out guidance from relevant experts.
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This article will provide a holistic view of ethics in Project management, common ethical dilemmas in project management (proposed by PMI), and a decision-making framework to overcome these dilemmas.
  
 
__TOC__
 
__TOC__
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='' Introduction''=
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=='' What is ethics''==
 
='' Ethics in project management''=
 
='' Ethics in project management''=
='' Importance of ethics in project management''=
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=='' Key factors affecting any project''==
 +
=='' Importance of ethics in project management''==
 +
=='' Key ethical values in project management''==
 
='' Ethical dilemmas in project management''=
 
='' Ethical dilemmas in project management''=
='' Ethical standards in Project management''=
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='' Consequence of ethical Failure''=
='' case studies''=
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='' Case studies''=
 +
='' Ethical decision making famework''=
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=='' Common approach to deal with ethical dilemma''==
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='' Ethical standards Proposed by PMI''=
 
='' Conculsion''=
 
='' Conculsion''=
 +
='' Annotated bibliography''=
 
='' References''=
 
='' References''=

Revision as of 18:12, 19 February 2023

Created by Vinay Kumar Meena


Abstract

Project management is an important discipline that plays a crucial role in the success of organizations. However, ethical considerations are often overlooked in the pursuit of achieving project objectives. This abstract explores the concept of ethics in project management and provides an overview of the ethical practices that are currently going on in the industry. The Project Management Institute (PMI) emphasizes the importance of ethical conduct in project management and provides guidelines for ethical behavior. The PMI Code of Ethics and Professional Conduct outlines four key values that should be upheld by project managers: responsibility, respect, fairness, and honesty. The code also provides specific guidance on issues such as conflicts of interest, confidentiality, and stakeholder engagement. Despite these guidelines, ethical dilemmas are common in project management. For example, project managers may face pressure to cut corners or meet unrealistic deadlines, which can lead to ethical compromises. Other ethical dilemmas may arise when dealing with stakeholders who have conflicting interests or when making decisions that have potential negative impacts on the environment or society. To address these challenges, project managers must be equipped with the necessary knowledge and skills to identify and address ethical issues. This may involve creating a culture of ethics within the project team, engaging in ongoing ethical training, and seeking out guidance from relevant experts. This article will provide a holistic view of ethics in Project management, common ethical dilemmas in project management (proposed by PMI), and a decision-making framework to overcome these dilemmas.

Contents

Introduction

What is ethics

Ethics in project management

Key factors affecting any project

Importance of ethics in project management

Key ethical values in project management

Ethical dilemmas in project management

Consequence of ethical Failure

Case studies

Ethical decision making famework

Common approach to deal with ethical dilemma

Ethical standards Proposed by PMI

Conculsion

Annotated bibliography

References

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