What are the 4 values the PMI code of ethics and Professional Conduct based on? (2024)

What are the 4 values the PMI code of ethics and Professional Conduct based on?

The values that the global project management community defined as most important were: responsibility, respect, fairness, and honesty. This Code affirms these four values as its foundation.

What are the 4 values of PMI code of ethics?

The Project Management Institute is an organization that was developed to support the professional practice of project managers. The PMI Code of Ethics outlines four core values: responsibility, respect, fairness, and honesty.

What are the 4 ethical values when developing a code of ethics?

Generally, a code of ethics should include the six universal moral values, where you state that you expect an employee to be trustworthy, respectful, responsible, fair, kind, and good citizens. Honorable mentions include adding that your business celebrates diversity, green practices, and proper dress codes.

What are the four key values identified by the project manager?

PMI recognizes four core values that project managers across the globe must exhibit: fairness, responsibility, respect, and honesty.

What is the PMI code of ethics quizlet?

(1) We make decisions and take actions based on the best interests of society, public safety, and the environment. (2) We accept only those assignments that are consistent with our background, experience, skills, and qualifications. (3) We fulfill the commitments that we undertake - we do what we say we will do.

What are the 4 concepts of ethics in short?

The Fundamental Principles of Ethics. Beneficence, nonmaleficence, autonomy, and justice constitute the 4 principles of ethics.

What are the four ethical principles list and define them?

Autonomy – respect for the patient's right to self-determination. Beneficence – the duty to 'do good' Non-Maleficence – the duty to 'not do bad' Justice – to treat all people equally and equitably.

What are the four 4 major components of the stakeholder management plan?

What is the 4th principle of project management?

4. Roles and responsibilities. Two forms should be used to document and define the roles and responsibilities of everyone involved with a project. For project team members, RACI or RASCI is used to determine duties and expectations.

What are the 4 parts of project management?

This project management process generally includes four phases: initiating, planning, executing, and closing. Some may also include a fifth “monitoring and controlling” phase between the executing and closing stages.

What are the code of ethics based on?

A code of ethics document may outline the mission and values of the business or organization, how professionals are supposed to approach problems, the ethical principles based on the organization's core values, and the standards to which the professional is held.

What are the goals of the PMI code of ethics and Professional Conduct quizlet?

What's the purpose of PMI quizlet?

Private Mortgage Insurance (PMI) is a special policy that protects the lender in case the buyer cannot make payments. Tax benefits are an advantage of renting a house. Title insurance protects the buyer if problems are found with a property's taxes. A buyer usually pays a real estate agent a commission.

Who created the 4 ethical principles?

1. Beauchamp and Childress proposed four principles that they argued are common morality (all can agree to) to guide people and analyzing bioethical dilemmas.

What are the 4 main ethical principles in nursing quizlet?

Doing no harm to clients. Being fair to all and giving equal treatment, including distributing benefits, risks, and costs equally. Being loyal and faithful to commitments and accountable for responsibilities. Telling the truth and not intentionally deceiving or misleading clients.

What are the 4 main ethical principles in nursing?

Nurses are advocates for patients and must find a balance while delivering patient care. There are four main principles of ethics: autonomy, beneficence, justice, and non-maleficence.

What are examples of principles?

Examples of principles are, entropy in a number of fields, least action in physics, those in descriptive comprehensive and fundamental law: doctrines or assumptions forming normative rules of conduct, separation of church and state in statecraft, the central dogma of molecular biology, fairness in ethics, etc.

What are the 4 C's of stakeholder management?

Based on BSR's 20 years of developing such integrated strategies for dozens of companies and in collaboration with a panoply of stakeholders, we have created the "Four Cs" to help companies build integrated strategies by looking at customers, competitors, the corporation, and civil society and government.

What are the 4 stakeholders?

The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers.

What are the 4 steps of stakeholder analysis?

The steps you take in the analysis involve first identifying all potential stakeholders; categorising and prioritising them according to their interest or influence; working out their needs, concerns and expectations; developing a plan to engage with them, and monitoring this engagement.

How many principles are there in PMP?

The PMBOK 7th Edition from PMI comes with 12 principles for project management. All of those principles are aligned with the PMI Code of Ethics and Professional Conduct. These define the what and why of project management. The focus is on people's thought processes and behavior in project delivery.

What is 4 stage project life cycle?

There are 4 project life cycle phases: initiation, planning, execution, and closure.

What are the four basic elements of a project that a successful project manager must simultaneously manage?

Are there 4 or 5 phases of project management?

According to the PMBOK Guide (Project Management Body of Knowledge) by the Project Management Institute (PMI), a project management life cycle consists of 5 distinct phases including initiation, planning, execution, monitoring, and closure that combine to turn a project idea into a working product.

What is code of ethics and professional conduct?

The Code of Ethics and Professional Conduct1 is intended to provide guidance to help resolve ethical dilemmas that are likely to be confronted within the course of their employment with WHO.