Discussion - Week 5

.docx

School

American Military University *

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Course

200

Subject

Management

Date

May 9, 2024

Type

docx

Pages

1

Uploaded by CaptainEnergy12793 on coursehero.com

The National Contract Management Association (NCMA) Code of Ethics outlines the responsibilities of NCMA members when conducting contract management duties. These responsibilities include demonstrating personal integrity, avoiding any conflicts of interest, acting in good faith, respecting confidentiality, and reporting unethical behavior. The PMI Code of Ethics is similar and provides principles of professional behavior, such as respect, responsibility, fairness, and honesty. Government fraud, waste, mismanagement, and misconduct regarding SBA Programs have been in the news recently. This includes reports of government officials using private jets or government planes rather than commercial airlines, as well as mismanagement of funds and improper use of funds. Such unethical activities have costly consequences and can lead to contracts and contract management being conducted in inappropriate and unethical ways. Contract managers must ensure that all contracts and contract management activities are conducted ethically and fairly. Any potential conflicts of interest or ethical violations must be reported to ensure that contracts are conducted in a way that is fair and ethical. It is important for contract managers to understand the ethical implications of their decisions and to always act in the best interest of their clients and stakeholders. The news regarding government officials using private jets or government planes is a reminder of the importance of ethical behavior in contract management and the potential consequences of unethical behavior. A recent case is the one of military contractors and an alleged fraud scheme for 7 million dollars. From September 2024 thru November 2016, they prepared and procured deals for other companies. The quotes were higher than the real prices to guarantee the sole-source awards. There were also false statements. https://www.justice.gov/opa/pr/military-contractors-indicted-7-million-procurement-fraud- scheme
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