PMI Code of Ethics and Professional Conduct

Flashcards covering the key concepts and details from the PMI Code of Ethics and Professional Conduct to aid in exam preparation.

What is the purpose of the PMI Code of Ethics and Professional Conduct?

To instill confidence in the project management profession and to help individuals become better practitioners.

Which four values support the PMI Code of Ethics and Professional Conduct?

Responsibility, Respect, Fairness, and Honesty.

What are aspirational standards in the context of the PMI Code?

Conduct that practitioners strive to uphold, although adherence is not easily measured.

What do mandatory standards in the PMI Code signify?

Firm requirements that establish limits or prohibit certain behaviors of practitioners.

Who does the PMI Code of Ethics and Professional Conduct apply to?

All PMI members and non-members holding or applying for PMI certification, as well as PMI volunteers.

What constitutes 'Responsibility' per the PMI Code?

The duty to take ownership for decisions made or not made, actions taken or not taken, and their consequences.

What is required regarding conflicts of interest according to the PMI Code?

Practitioners must disclose any real or potential conflicts of interest to the appropriate stakeholders.

What does 'Respect' entail in the PMI Code?

Showing high regard for oneself, others, and the resources entrusted to practitioners.

How does the PMI Code define 'Fairness'?

Making decisions and acting impartially and objectively, free from competing self-interest, prejudice, and favoritism.

What are the consequences of violating the PMI Code of Ethics and Professional Conduct?

Individuals may face disciplinary action under PMI’s Ethics Review Committee.

What does 'Honesty' mean in the context of the PMI Code?

The responsibility to understand the truth and act truthfully in communications and conduct.

What historical document reflects the evolution of PMI’s code of ethics?

The first documented PMI discussion of ethics submitted to the Board in August 1982.

What is the purpose of the PMI Code of Ethics and Professional Conduct?

To instill confidence in the project management profession and to help individuals become better practitioners.

Which four values support the PMI Code of Ethics and Professional Conduct?

Responsibility, Respect, Fairness, and Honesty.

What are aspirational standards in the context of the PMI Code?

Conduct that practitioners strive to uphold, although adherence is not easily measured.

What do mandatory standards in the PMI Code signify?

Firm requirements that establish limits or prohibit certain behaviors of practitioners.

Who does the PMI Code of Ethics and Professional Conduct apply to?

All PMI members and non-members holding or applying for PMI certification, as well as PMI volunteers.

The purpose of the PMI Code of Ethics and Professional Conduct is to __ confidence in the project management profession.

instill

The four values supporting the PMI Code of Ethics and Professional Conduct are Responsibility, Respect, __, and Honesty.

Fairness

Mandatory standards in the PMI Code signify firm __ that establish limits or prohibit certain behaviors of practitioners.

requirements

Practitioners must disclose any real or potential __ of interest to the appropriate stakeholders.

conflicts

The responsibility to understand the truth and act __ in communications and conduct is referred to as 'Honesty' in the PMI Code.

truthfully

All PMI members and non-members holding or applying for PMI certification, as well as PMI volunteers, are required to follow the PMI Code of Ethics and Professional Conduct, which applies to __.

everyone

Ethical conduct in project management is demonstrated through the values of Responsibility, Respect, Fairness, and __.

Honesty

Practitioners must strive to uphold aspirational standards, which are guidelines for conduct, even though adherence is not always easily __.

measured

The PMI Code of Ethics encourages practitioners to take ownership for decisions made or not made, defined as their __.

Responsibility

The PMI’s Ethics Review Committee may impose disciplinary action for violations of the PMI Code, highlighting the importance of adherence to __ standards.

mandatory

To fulfill the aims of the PMI Code, practitioners must show high regard for themselves and others as part of the value of __.

Respect

Making decisions free from competing self-interest and favoritism aligns with the PMI Code's definition of __.

Fairness

Understanding the truth and acting accordingly is a core principle of the PMI Code related to the value of __.

Honesty

The first documented discussion of ethics by PMI was submitted to the Board in August __.

1982

In the PMI Code, the term 'conduct that practitioners strive to uphold' refers to the __ standards.

aspirational

Adherence to the PMI Code is essential for professional integrity and to maintain public __ in project management.

confidence

What are mandatory standards in the PMI Code of Ethics and Professional Conduct?

Firm requirements that establish limits or prohibit certain behaviors of practitioners.

Why are mandatory standards important in project management?

They provide clear guidelines that ensure practitioners act ethically and responsibly.

How do mandatory standards impact practitioner behavior?

They establish clear limits on what is permissible and help maintain integrity in project management.

What is an example of a mandatory standard in the PMI Code?

Practitioners must disclose any real or potential conflicts of interest.

Who is responsible for adhering to mandatory standards in the PMI Code?

All PMI members, non-members holding or applying for PMI certification, and PMI volunteers.

What happens if a practitioner violates a mandatory standard?

Individuals may face disciplinary action under PMI’s Ethics Review Committee.

How do mandatory standards relate to aspirational standards in the PMI Code?

Mandatory standards are firm requirements, while aspirational standards are ideals practitioners strive to uphold.

What role do mandatory standards play in promoting public confidence in project management?

They ensure ethical practices and help instill trust in the project management profession.

Can mandatory standards be changed?

Yes, they may be updated by PMI as ethical practices and societal expectations evolve.

What is the consequence of failing to disclose a conflict of interest as per mandatory standards?

Failure to disclose may lead to disciplinary action and damage to professional credibility.

What is the relationship between mandatory standards and professional integrity?

Mandatory standards help uphold professional integrity by establishing expected ethical behavior.

Do mandatory standards apply to all aspects of project management?

Yes, they apply to various areas, including decision-making, conflict resolution, and stakeholder interactions.

How do mandatory standards enforce accountability among practitioners?

They outline specific behaviors that are required, holding practitioners accountable for their actions.

What is the significance of mandatory standards in ethics training for project managers?

They serve as foundational guidelines for training programs, ensuring that ethics are prioritized in practice.

How can practitioners ensure they comply with mandatory standards?

By regularly reviewing the PMI Code of Ethics and participating in ethics training and discussions.

What are aspirational standards in the context of the PMI Code?

Conduct that practitioners strive to uphold, although adherence is not easily measured.

Why are aspirational standards important in project management?

They provide a framework for ethical conduct and encourage practitioners to aim for high ethical ideals.

How do aspirational standards differ from mandatory standards?

Aspirational standards are ideals to strive for, while mandatory standards are firm requirements that must be followed.

What role do aspirational standards play in professional development?

They guide practitioners in developing their ethical competencies and striving for excellence in their practice.

Who is encouraged to follow aspirational standards according to the PMI Code?

All PMI members and practitioners are encouraged to strive to meet these higher ethical expectations.

Can adherence to aspirational standards be measured?

No, adherence to aspirational standards is subjective and not easily quantifiable.

How do aspirational standards influence decision making in project management?

They encourage practitioners to consider ethical implications and strive for fairness and integrity in decisions.

What impact can aspiring to these standards have on stakeholder trust?

Practitioners who uphold aspirational standards can enhance trust and credibility with stakeholders.

How can practitioners work towards meeting aspirational standards?

By engaging in continuous learning, reflection, and ethical discussions to improve their practices.

What is an example of an aspirational standard in the PMI Code?

Striving for fairness in all dealings with stakeholders.

Why might practitioners find it challenging to adhere to aspirational standards?

Challenges may arise due to conflicting interests, organizational pressures, or unclear ethical dilemmas.

What is the significance of aspirational standards in ethical training?

They provide context for ethical training, emphasizing the importance of striving for high standards of conduct.

How can organizations support practitioners in meeting aspirational standards?

By fostering a culture of ethics and providing resources for ethical development.

What is the long-term benefit of adhering to aspirational standards in project management?

It leads to a more ethical work environment and strengthens the reputation of the profession.

How do aspirational standards contribute to personal integrity?

They encourage individuals to reflect on their values and act in alignment with their ethical beliefs.