Personal Gain

Honesty involves not only information regarding your own background and experience, but information regarding the project circumstances as well. For example, let's say you're a project manager working on contract. Part of your compensation consists of a bonus based on total project billing. Now let's suppose your project is finishing sooner than anticipated, and this means your personal profit will decrease by $1,500. Should you stretch the work to meet the original contracted amount so that your personal bonus comes in at the full amount even though your project team is finished? I think you know the answer is of course not.

Your personal gain should never be a consideration when billing a customer or working on a project. Personal gain should never be a factor in any project decision. If the project finishes sooner than planned, you should bill the customer according to the terms of the procurement agreement. Compromising the project for the sake of your personal gain shows a lack of integrity, which could ultimately cost you your PMP status and even your job.

Project Management Made Easy

Project Management Made Easy

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.

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