A FAILURE TO TURN TO THE PROPER HDG AT 1500 FT ON THE TETERBORO 5 DEP BECAUSE OF EQUIP MALFUNCTION DISTR IS CORRECTED BY A VECTOR FROM THE DEP CTLR.

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OUR IFR CLRNC FOR DEPARTING TETERBORO; NJ; WAS AS THE TETERBORO 5 DEP TO PARK INTXN. WE WERE ASSIGNED RWY 24 FOR TKOF. HENCE; TETERBORO 5 DEP FOR RWY 24 STIPULATES A CLB RWY HDG UNTIL REACHING 1500 FT; THEN TURN R TO HDG 280 DEGS; MAINTAIN 1500 FT UNTIL PASSING TEB 4.5 DME; THEN CLB AND MAINTAIN 2000 FT. AFTER TKOF FROM RWY 24; WE CLBED ON A HDG OF 230 DEGS IN LIEU OF RWY HDG; WHICH IS RECOMMENDED BY TETERBORO NOISE ABATEMENT IF IN VFR CONDITIONS; TO 1500 FT AND THEN CONTINUED TO FLY A 230 DEG HDG. AT THE TEB 3.5 DME; WHILE MAINTAINING 1500 FT; WE WERE INSTRUCTED BY DEP CTL TO TURN R HDG 310 DEGS. BECAUSE OF AN ACFT SYS ISSUE; TCASII FAILURE; AND CONFUSION REGARDING THE DEP PROCS; WE HAD FAILED TO TURN R TO A HDG OF 280 DEGS UPON REACHING 1500 FT. ALTHOUGH THE IFR CLRNC AND THE TETERBORO 5 DEP PROCS FOR RWY 24 WERE DISCUSSED BY BOTH PF; WHICH WAS MYSELF; AND PNF PRIOR TO TKOF; THE PF FELL SHORT IN READING THE TETERBORO 5 DEP INSTRUCTIONS FOR RWY 24 PRIOR TO DEP. AFTER DISCUSSING THE DEP PROCS WE HAD AN EXTENDED DELAY OF 40 MINS. WE ESTABLISHED A PLT DEFINED FMS WAYPOINT 4.5 MI OFF AN EXTENDED CTRLINE OF RWY 24. WE HAD AN ANNUNCIATED TCASII FAILURE AFTER TKOF. TO PREVENT A RECURRENCE -- INSURE BOTH PF AND PNF REVIEW (READ) THE DEP CHART FOR THE ASSIGNED TKOF RWY. SHORTLY BEFORE THE LINE-UP CHKLIST; PF OR PNF VERBALLY REVIEW THE DEP PROCS; AND MAKE CERTAIN PF AND PNF FULLY UNDERSTAND THE RELEVANCE OF PLT DEFINED FMS WAYPOINTS. FIRST; 'FLY THE AIRPLANE.' IF UNABLE TO FLY ASSIGNED RTE; ADVISE ATC. EACH DAY AFTER FLYING; PERFORM A SELF-EVALUATION ON WAYS TO IMPROVE WHAT ONE DOES AS A PLT. CREATE A BUILT-IN TRIGGER TO AVOID COMPLACENCY. USE THE TOOLS AVAILABLE; I.E.; AUTOPLT; TO HELP MAXIMIZE THE CREW'S PERFORMANCE; ESPECIALLY HIGH-DENSITY ENVIRONMENT.