Projects are as diverse as strategic ideas; because, strategy is implemented through projects. Companies seeking more efficiency and tighter monitoring of IT projects are opening project management offices (PMO) to build a portfolio of projects for sequential execution.
More and more organizations are utilizing Program Management Offices (PMOs) in leading organizational changes, promoting a project management culture, institutionalizing organizational processes, managing enterprise-level projects, programs, portfolios and in improving the organization's overall performance.
Project Management Institute – Code of Ethics & Professional Conduct
As practitioners of project management, we are committed to doing what is right and honorable. We set high standards for ourselves and we aspire to meet these standards in all aspects of our lives—at work, at home, and in service to our profession.
The Code of Ethics and Professional Conduct describes the expectations that we have of ourselves and our fellow practitioners in the global project management community. It articulates the ideals to which we aspire as well as the behaviors that are mandatory in our professional and volunteer roles.
The purpose of this Code is to instill confidence in the project management profession and to help an individual become a better practitioner. We do this by establishing a profession-wide understanding of appropriate behavior.
We believe that the credibility and reputation of the project management profession is shaped by the collective conduct of individual practitioners. We believe that we can advance our profession, both individually and collectively, by embracing this Code of Ethics and Professional Conduct.
We also believe that this Code will assist us in making wise decisions, particularly when faced with difficult situations where we may be asked to compromise our integrity or our values.
Our hope is that this Code of Ethics and Professional Conduct will serve as a catalyst for others to study, deliberate, and write about ethics and values. Further, we hope that this Code will ultimately be used to build upon and evolve our profession.