10 Ethics, Compliance and Professionalism Flashcards
A) Understand the importance of continuing professional development and the individual's role in identifying and addressing their own competence gaps B) Knowledge of the sources of specialist advice and standards that need to be adhered to C) Understand the impact of the legal and regulatory landscape on projects
What is the definition of Ethics?
Making morally sound decisions, ensuring transparency and maintaining integrity throughout the lifecycle of the project
What is Compliance?
Ensuring adherence to laws and regulations and mitigating legal risks
What is Professionalism?
Displaying competence, reliability and respect in interactions with all stakeholders
What are the four key activities of Continuing Professional Development?
- Identifying current and future needs
- Setting learning objectives and targets
- Planning activities and tasks to support development
- Recording activities, tasks and achievements
What should be considered when identifying current and future needs?
- Organisational and regulatory influences
- Professional codes of conduct
- Impact ethics has on change activity
- Impact regulation has on project governance and processes
What should be considered when Recording activities, tasks and achievements?
- Acknowledging constructive feedback
- The cultures, values and policies to be adhered to
- Considering the effectiveness of response strategies
- Seeking specialist advice to understand legal and contextual obligations
What six areas are considered within The Scope of Ethics?
- Moral Principles
- Code of Practice
- Values
- Rules and Regulations
- Rules of Conduct
- Ethical Practices
How is Trust gained?
Consistently working in a moral, legal and socially responsible manner in accordance with organisational and professional codes of conduct.
What are the APM Five Dimensions of Professionalism?
- Breadth - BoK
- Depth - Competence Framework
- Achievement - APM recognised
qualifications - Commitment - CPD
- Accountability - APM Code of
Professional Conduct
What are the six levels of a legal and regulatory framework?
- Law
- Acts
- International Directives
- Regulations
- International Standards
- Organisational Governance
How might a project be affected when carried out in different geographical locations?
- Conflicting regulations and standards
- Differences in Legal framework
- Differences in relevant governance structure
Regulations typically fall into two categories, what are they?
- Those with specific instructions that must be taken
- Those that help employers set procedures where they can then decide how they control risks identified
What can failure to comply with regulations result in?
Can range from Advised corrective action to Custodial sentences for the individual and organisation
List three disciplines that regulation can affect
- Requirements capture
- Issue Management
- Quality Planning
- Change control
- Integrated planning
- Assurance
- Risk analysis and management
