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Aligning with the Four Values that Comprise the Code of Ethics

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The PMI Code of Ethics and Professional Conduct reflects the following values:

 Responsibility: The condition of being obligated to do or fulfill something.

 Respect: The feeling or understanding that someone or something is good, valuable, useful, and worthwhile and shall be treated as such.

 Fairness: A quality or condition marked by impartiality and free from self-interest, prejudice, or favoritism.

 Honesty: Truthfulness and integrity, free from deception or fraud.

The twelve principles of project management (see Chapter 1 for more on these) are all closely aligned with these four values. PMI makes the following distinction between values and principles:

 Principles are foundational guidelines for strategy, decision-making, and problem solving, intended to guide the behavior of people involved in projects (without addressing the ethics of such behaviors).

 Values establish expectations for moral conduct.

In other words, the principles describe the “what” and the values and code of ethics describe the “how” to conduct yourself as a project manager. Let’s dive a bit further into each of these values to understand how they pertain to you. You’ll probably find that none of these values are exclusive to project management and each of them should be incorporated into all aspects of your life, not only your work.

Project Management For Dummies

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