According to the Code of Ethics and Professional Conduct, responsibility is our duty to take ownership for the decisions we make or fail to make. It's also our duty to take ownership of our action or lack of actions. And finally, it's our duty to take ownership of the results of those decisions and actions.
NOTE This is my favorite section of the Code of Ethics and Professional Conduct. I may be on my soapbox here, but I tire of project managers who won't own their decisions or failures.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.