The Project Management Institute (PMI®) has announced a new Code of Ethics and Professional Conduct for PMI. Approved by the PMI Board of Directors on 20 October, the new ethics standard will be effective 1 January 2007. The new code was announced to its membership by PMI on 8 December 2006.
The new code will replace the member ethical standards that were adopted in 1999, as well as the codes of conduct for the Project Management Professional (PMP®) and Certified Associate in Project Management (CAPM®) credentials. This will be the first time since the late 1980s that PMI has had one ethics code that is applicable to the entire Institute and to the individuals it certifies. PMI’s new Code of Ethics can be found at:
http://www.pmi.org/info/AP_PMICodeofEthics.pdf.
According to PMI, the Institute’s ethics code was revised due to the following:
- Existing codes were developed when PMI was much smaller,
- PMI’s ethics codes need to be more globally relevant and applicable.
- The ethics field is rapidly evolving, and PMI’s codes need to reflect the most current thinking in the field.
PMI established an Ethics Standards Development Committee (ESDC) in 2003 to develop the new ethics code. Project participants included individuals from Africa, Asia, Europe, North America and South America, with a process established to ensure the global participation of PMI members and credential holders. The committee conducted focus groups and an online survey, and benchmarked ethics codes of organizations around the world.
According to PMI’s announcement, the new ethics code has some significant differences from the previous code. One important change is that the code includes mandatory provisions to which all volunteers and certificate holders will be held accountable. It contains provisions concerning conflicts of interest and a glossary of terms. PMI’s new code is intended to set a high standard and to inspire members of the global project management community to do their best at work, at home and in service to their profession. It is also expected to enhance the reputation of the project management profession as representing individuals “who can be trusted to do what is right and honorable”.
With 220,000+ members in over 150 countries, the Project Management Institute (PMI) is the world’s largest and best known project management professional society. PMI is actively engaged in advocacy for the PM profession, setting standards, conducting research and providing access to a wide variety of information and resources. PMI also promotes career and professional development and offers certification, networking and community involvement opportunities. PMI was founded in the USA in 1969, but is now a global organization with members, chapters and offices worldwide. For more information, visit
www.pmi.org.