Question

Submitted by farhanmazhari on Wed, 05/07/2014 - 14:42

As a project manager, you are assigned to a project that has been outsourced. The next step is to organize a formal bidding process and select the vendor for the project. You own stock in one of the vendor companies who participated in the bidding process. What is the BEST course of action for you?

  • A- Get the vendor company selected for the project
  • B- Keep the information to yourself
  • C- Tell your manager and remove yourself from the vendor selection committee
  • D- Ask other members of the selection committee to select your vendor company

Whats your opinion on this.

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sunku65

Wed, 05/07/2014 - 18:31

According to Code of Ethics and Professional Conduct any Conflict of Interest need to Disclose with Management.
 
Answer is C.
 
A & B  Wrong
 
C.  Disclose Conflict of Interest 
 
D. Not disclosing Conflict of Interest and asking other members of committee to select your vendor company leads to one more Conflict.
anmol2701's picture

anmol2701

Thu, 05/08/2014 - 06:29

Yes accoding to code of ethics answer is C.

agree with sunku65 !!

nrlahoti

Mon, 05/12/2014 - 08:07

The choice is C.

Always go for scientic and Ethical answer as thumb rule.