In: Operations Management
Identify one legal issue and one ethical issue in project management. Describe how these issues negatively affect the project, and what steps project managers can take to address these types of issues.
A business can not survive without good ethics or without the help of law. Both law and ethics helps in making importent decisons and sometimes they even makes it very easy because the manager has to just follow the clear business ethics and business law. But some of them are hard to follow and have negative affect on the proje ct sometimes. Some examples of such Business law or business ethics are mentioned below:
Legal issue in project management:
Project contract: A project contract includes many contracts that are prepared on the time of new project and with the help of lawers and after that all the decisions will be taken in front of legal team that can result in loss of creativity and time. And not to forget, thay cost alot and cost of the contract making keeps increasing on every decision making.
Ethical issue in project management:
Conflicts of Interest: Sometimes the conflict of intrest happens in between the project manager and the project team. That becomes a ethical issue because if the manager makes the decision wthout the team he failes as a leader and if he goes with the team's idea with half of the conviction, he is risking the projcet. This can happen between the owner and the managert too.
Negative affects of these issues are:
Ways to address these type of issues: