Ethics in Project Management Management Essay Paper

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Ethics in Project Management
Background
Ethics is a crucial ingredient in project management. It refers to coming up with the best decisions concerning resources, environment, and people (Larson et al., 2018). Ethical decisions reduce risk, increase trust, increase the achievement of positive results, build reputations, and determine lasting success. Project management leadership depends on good ethical choices. Since ethics is essential in the successful execution of projects, PMI has formulated a document that consists of the Code of Ethics and Professional Conduct to help project managers make right and honorable decisions. The Code of Ethics and Professional Conduct highpoints ethical values like honesty, fairness, trust, respect, and responsibility (Larson et al., 2018). All these values create agreement and professionalism among the project team, which eventually leads to the success of the project
Ethics holds together distinct cultures spanning different time zones, team members with diverse behaviors, and sections with exclusive objectives. To evade ethical dilemmas, the PMI developed an Ethical Decision-Making Framework to supplement the Code of Ethics and Professional Conduct. The Ethical Decision-Making Framework describes steps that guide a person through project management practice in making the right decisions when faced with an ethical dilemma (Larson et al., 2018). It consists of the following steps;
PMI Ethical Decision Making Framework
* Assessment- It involves evaluation of the ethical dilemma
* Alternatives- Consideration of the choice
* Analysis-identification of candidate choices and testing their validity
* Application-It involves the application of ethical principles in your decision
* Action-Making the right decision
Therefore, a good and responsible project manager must practice the PMI Code of Ethics and Professional Conduct and utilize the Ethical Decision-Making Framework to ensure that ethics permeates all aspects of its operations.
Ethical Challenges and Opportunities for Growth
* Unique circumstances 
Project managers operate in a unique range of situations that can easily result in ethical issues and transgressions (Catambay, 2017). They work with diverse stakeholders, different executives from within the organization or outside, suppliers or vendors, and individuals from a broad spectrum, from marketing to security to finance and information systems. The unique circumstances present a challenging situation to the project manager to infuse ethics.
Solution
Project managers need to be well conversant with the organization's Code of Conduct and make sure that all team members understand what awaits them.
* Lack of Authority 
There are chances that the project manager is given the responsibility but lack commensurate authority. In some cases, they are responsible for the work statement but have little or no control over the project's resources. Such kind pressure can result in actions like mischarging and set off the project instead of adhering to the established procedures and policies. 
Solution
The project...