Project Management Gains Recognition For as long as humans have joined forces to design and build things, the roles of establishing timelines, assessing available resources, and evaluating risks have been integral to completing those activities or projects. The emergence of project management as a critical investment in promoting project success is relatively recent, however. Increasingly, project owners are recognizing that proven, polished management approaches can enhance project execution and lower the cost of projects. An organization working to advance project management skills is the Project Management Institute (PMI®). Founded in 1969, PMI is the world's leading not-for-profit association serving project management professionals and today has more than 80,000 members worldwide. In the PMI publication A Guide to the Project Management Body of Knowledge (December 2000), project management is described as "the application of knowledge, skills, tools and techniques to project activities to meet project requirements." PMI has identified five iterative and linked processes that promote successful projects: Initiating, Planning, Executing, Controlling, and Closing. PMI also has defined nine areas of expertise needed by today's project managers. These professionals need management skills in the following areas: • Integration • Scope • Time • Cost • Quality • Human Resource • Communications • Risk • Procurement PMI Member Ethical Standards The Project Management Institute (PMI®) is a professional organization dedicated to the development and promotion of the field of project management. The purpose of the PMI Member Code of Ethics is to define and clarify the ethical responsibilities for present and future PMI members. Preamble: In the pursuit of the project management profession, it is vital that PMI members conduct their work in an ethical manner in order to earn and maintain the confidence of team members, colleagues, employees, employers, customers/clients, the public, and the global community. Member Code of Ethics As a professional in the field of project management, PMI members pledge to uphold and abide by the following: • I will maintain high standards of integrity and professional conduct. • I will accept responsibility for my actions. • I will continually seek to enhance my professional capabilities. • I will practice with fairness and honesty. • I will encourage others in the profession to act in an ethical and professional manner. For more information about the Project Management Institute, go to www.pmi.org. Copyright © 2003-2006 Q, All rights reserved A Division of Alaska Computer Services L.L.C. Website by Sundog Media & Alaska Internet Services