Ethics and ethical dilemmas are continuing concerns in academia, the workplace and society in general. Consequently, it’s important for faculty to teach students about ethical principles to provide them of the ethical understanding they will need to be effective in their future careers. Having taught courses on creative problem solving and ethics for years, the author developed an Ethical Principle Project that required students to use their creativity to promote learning about ethics and develop an increased understanding of ethical principles. This Project was composed of several components, including a requirement for each student to create a physical model of an ethical principle. In the paper, the author described the major components of the Ethical Principle Project. The paper identified the benefits derived from using the Project as a way to promote learning and understanding of ethical principles. Over several semesters, the author evaluated the various components of the Project, along with providing Pretest and Posttest. Also, the paper provided guidelines that can be used by engineering, technology and business faculty to develop similar projects/assignments to facilitate ethical understanding.