Analysis of Important Project Management Factors Essay

Analysis of Important Project Management Factors - Essay Example Though, many researchers have presented a wide variety of ethical theories for other disciplines. But still there is not considerable progress in the field of project management (Siguroarson, 2009; Mingers & Walsham, 2010; Stahl, 2008). In the past few years there have emerged massive changes in the field of information technology. In fact, it has changed the world considerably and at the present we have started believing that the majority of business organizations are well aware of the fact that their significant liability to global and local societies is further than only generating and maximizing profit. In other words, there is at the present a rising concern with the question of how organizations and their project teams should react, as well as this situation leads us to think about ethics as the suitable academic and idealistic area. Additionally, it is predominantly significant for the project management of IT projects for the reason that they involve a wide variety of social and environmental effects. These effects can emerge in result of project management of latest technologies and the organizations that have power over them. On the other hand, researchers have not paid considerable attention in putting into practice a practical implementation of ethical information system mechanism (Siguroarson, 2009; Mingers & Walsham, 2010; Stahl, 2008). In addition, (Couger, 1989; Laudon, 1998), believe that there is no methodical study or literature which can be acknowledged as one discovery, for instance, project management ethics, IT ethics, information system ethics, business ethics, and in medical and legal ethics. There could be many reasons behind it for instance the current and past literature on...In this scenario, the ethical decision will be based on the maximum total utility. In view of the fact that this theory focuses on the results or outcomes of decisions, hence it is typically acknowledged as 'consequentialist'. On the other hand Kantian deontolog y follows a basically different idea and determines the ethical superiority of a decision in keeping with the purpose of the decision maker. In this scenario, the ethical assessment of a maxim relies on whether it can be imagined or universalized as a general rule. In view of the fact that this approach focuses on the duty bound intention of the decision maker with little focus to consequences hence it is acknowledged as deontological. In addition, a set of ethical theories frequently discussed in the context of project management paradigm minimized both the significance of responsibility and consequences, however focuses on the decision maker. The third ethical theory is known as virtue ethics, which does not take into consideration hypothetical difference between right and wrong on the basis of outside features of an act however it is actually foundational upon the way in which a certain act focuses on the character of the decision maker (Siguroarson, 2009; Walsham, 2003; Charlesw orth & Sewry, 2002). All the ethical theories are implemented on humans for the reason that they all guide the people to differentiate between right and wrong. In addition, all the theories demonstrate that we should do good and avoid bad activities but their way of explanation is different from one another.