PMI Code of Ethics and Professional Conduct Flashcards
What are the core values of PMI Code of Ethics and Professional Conduct?
The core values of PMI Code of Ethics and Professional conduct are:
- Responsibility
- Respect
- Fairness
- Honesty
To whom does the code of ethics and professional conduct applies?
The PMI code of ethics and professional conduct applies to:
a. All members of PMI
b. Non-members of PMI but meet one or more of the following criteria:
- Non-members who hold a PMI Certification - Non-members who apply to commence a PMI certification process - Non-members who serve PMI in a volunteer capacity.
What are the conduct folded in the each value of the PMI code of ethics and professional conduct? Define each.
Each value of the code of ethics and professional conduct has:
a. Aspirational standards - the standards we strive to uphold as practitioners. Not obligatory but as practitioners we are expected to conduct ourselves according to these.
b. Mandatory standards - these are firmed requirements , in some cases, limit or prohibit practitioner behavior.
Which body sunctions disciplinary procedures to practitioners who do not conduct themselves according to thes standrads?
PMI Ethic’s Review Committee
Describe responsibility.
Responsibility is our duty to take ownership for the decisions we make or fail to make, the actions we take or fail to take, and the consequences that result.
What are the aspirational standard of responsibility?
2.2.1 We make decisions and take actions based on the best interests of society, public safety, and the
environment.
2.2.2 We accept only those assignments that are consistent with our background, experience, skills, and qualifications.
2.2.3 We fulfill the commitments that we undertake – we do what we say we will do.
2.2.4 When we make errors or omissions, we take ownership and make corrections promptly. When we discover errors or omissions caused by others, we communicate them to the appropriate body as soon they are discovered. We accept accountability for any issues resulting from our errors or omissions and any resulting consequences.
2.2.5 We protect proprietary or confidential information that has been entrusted to us.
2.2.6 We uphold this Code and hold each other accountable to it.
What are the mandatory standards of responsibility?
Regulations and Legal Requirements
1. We inform ourselves and uphold the policies, rules, regulations and laws that govern our work, professional, and volunteer activities.
2. We report unethical or illegal conduct to appropriate management and, if necessary, to those affected by
the conduct.
Ehical Complaints
- 3.3 We bring violations of this Code to the attention of the appropriate body for resolution.
- 3.4 We only file ethics complaints when they are substantiated by facts.
- 3.5 We pursue disciplinary action against an individual who retaliates against a person raising ethics concerns.
Describe respect.
Respect is our duty to show a high regard for ourselves, others, and the resources entrusted to us.
What are the asprational standards of respect?
- 2.1 We inform ourselves about the norms and customs of others and avoid engaging in behaviors they might consider disrespectful.
- 2.2 We listen to others’ points of view, seeking to understand them.
- 2.3 We approach directly those persons with whom we have a conflict or disagreement.
- 2.4 We conduct ourselves in a professional manner, even when it is not reciprocated.
What are the mandatory standards of respect?
- 3.1 We negotiate in good faith.
- 3.2 We do not exercise the power of our expertise or position to influence the decisions or actions of others in order to benefit personally at their expense.
- 3.3 We do not act in an abusive manner toward others.
- 3.4 We respect the property rights of others.
Describe an environment of respect.
It causes trust, confidence and performance excellence through mutual cooperation.
- where diverse perspectives and views are encouraged and valued
Describe fairness.
It is our duty to make decissions and act impartially and objectively.
- conduct must be free from competing self interest, prejudice, and favoritism.
What are the aspirational standards of fairness?
- 2.1 We demonstrate transparency in our decision-making process.
- 2.2 We constantly reexamine our impartiality and objectivity, taking corrective action as appropriate.
- 2.3 We provide equal access to information to those who are authorized to have that information.
- 2.4 We make opportunities equally available to qualified candidates.
What are the mandatory standards of fairness?
Conflict of Interest Situations
4.3.1 We proactively and fully disclose any real or potential conflicts of interest to the appropriate stakeholders.
4.3.2 When we realize that we have a real or potential conflict of interest, we refrain from engaging in the
decision-making process or otherwise attempting to influence outcomes, unless or until: we have made full
disclosure to the affected stakeholders; we have an approved mitigation plan; and we have obtained the
consent of the stakeholders to proceed.
Favoritism and Discrimination
4.3.3 We do not hire or fire, reward or punish, or award or deny contracts based on personal considerations,
including but not limited to, favoritism, nepotism, or bribery.
4.3.4 We do not discriminate against others based on, but not limited to, gender, race, age, religion, disability,
nationality, or sexual orientation.
4.3.5 We apply the rules of the organization (employer, Project Management Institute, or other group) without
favoritism or prejudice.
Describe honesty.
Honesty is our duty to understand the truth and act in a truthful manner both in our communications and in our
conduct.