Running Head: CONTRACTING AND ACQUISITION Contracting and Acquisition Introduction 2 CONTRACTING AND ACQUISITION Contracting and acquisition have remained to be gratified with a larger population in the country. The process of compliance is made up of different and distinct parts to ensure every nitty-gritty is addressed throughout the acquisition process. The primary and undisputed factor that the contract managers need to do is to stick to codes of ethics to do their job successfully. However, contract managers are sometimes tempted to make poor ethical and moral decisions during the process. Complying with the ethical standards in the field of acquisition is very important as it determines the success or the failure of the contract. Moral norms and integrity in the acquisition process should be applied from pre-award and post-award of the contract together with having the right and available tools. Definition Ethics bares different meanings. However, the conventional meaning of ethics is moral principles and standards that govern a particular process, individuals, or groups. Rumbaugh & Wilkinson (2013), defines ethics as philosophical principles that consist of definition, defending, and recommending ideas that are considered either right or wrong. Ethical consideration in the process of contract and acquisition has remained a common issue in the dispensation of the federal government's services. Different contract managers have also defined ethics according to their line of duty. Their definition suits their daily process of contract and acquisition. According to the managers, ethics are moral standards that shape the whole process of contract and acquisition, which should be followed later. Explanation The code of ethics needs to be applied by all contract managers in the process of acquiring contracts. The principle of ethics creates public trust and promotes integrity in the 3 CONTRACTING AND ACQUISITION whole process. The code of ethics should be able to bring sanity in the management and in acquiring contracts. It also fosters personal obligations towards a particular course. It promotes the professional commitment to ensure the process is not marred with any inconsistencies and faults. The ethical considerations that contract managers adhere to are professionalism, confidentiality, integrity, accountability, trust, respecting the law, and respect. According to the National Contract Management Association (NCMA), managers need to stick to all the stringent ethics and respect to law to avoid conflict of interest and bring credit and honor to the profession. Defense Ethics should be at the center of all the activities irrespective of the situation at hand. Those who have acted professionally and ethically in their activities have brought respect to the company and promoted their leadership styles. Their impact to the company has been felt with a larger population as they award the contract to the most qualified people; hence, the public enjoys the best of it. They have also promoted diligence and accountability in the work station. Besides all these, they have won the public trust, and they have job security at their work station. However, those who have often acted unethically have faced the wrath of the law in different circumstances. They have also been considered incompetent leaders with no moral values in the community. Many of them have been fired from their job positions. Conclusion In conclusion, contract management is a mature profession but is still growing. The managers need to ensure that stringent rules and laws are passed to ensure that every manager is complaisant with the ethical standards. To ensure that this is achieved, they first need to understand the definition of ethics, the role that ethics plays in the contract, the explanation of 4 CONTRACTING AND ACQUISITION ethics, and the effects of being unethical in the profession. The contract and acquisition process needs to follow all the prescribed steps to ensure that the best of all comes from those who have been awarded the contracts. Reference 5 CONTRACTING AND ACQUISITION National Contract Management Association, N. C. M. A. (2017) Code of ethics. Retrieved October 23, 2020 from https://www.ncmahq.org/about/leadership/code-of-ethics Rumbaugh, M. G., & Wilkinson, J. (2013). Contract management body of knowledge (CMBOK) (4th ed.). Contracting and Acquisition – outline Introduction Contracting and acquisition have remained to be gratified with a larger population in the country. The process of compliance is made up of different and distinct parts to ensure every nitty-gritty is addressed throughout the acquisition process. Definition Ethics bares different meanings. However, the conventional meaning of ethics is moral principles and standards that govern a particular process, individuals, or groups. Explanation The code of ethics needs to be applied by all contract managers in the process of acquiring contracts. The principle of ethics creates public trust and promotes integrity in the whole process. Defense Ethics should be at the center of all the activities irrespective of the situation at hand. Those who have acted professionally and ethically in their activities have brought respect to the company and promoted their leadership styles. Conclusion In conclusion, contract management is a mature profession but is still growing. The managers need to ensure that stringent rules and laws are passed to ensure that every manager is complaisant with the ethical standards.
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