Project Management Institute
The Project Management Institute (PMI) is a non-profit professional organization with the purpose of advancing the state-of-the-art of project management. The company is a professional association for the project management profession.
The Project Management Institute Inc. (PMI) sets standards, conducts research, and provides education and professional exchange opportunities designed to strengthen and further establish professionalism. This institute provides services to advance the careers of practitioners and enhance the performance of business and other organizations. This is done by hosting conferences and training seminars, and by running and maintaining credentials in project management:
- the Program Management Professional (PgMP).
- the Project Management Professional (PMP),
- the PMI Scheduling Professional (PMI-SP),
- the PMI Risk Management Professional (PMI-RMP),
- the Certified Associate in Project Management (CAPM), and
- the Organizational Project Management Maturity Model Certified Consultant (OPM3-CC).
To serve its members and the profession, PMI has recruited volunteers to create industry standards, such as “A Guide to the Project Management Body of Knowledge”, which has been recognized by the American National Standards Institute (ANSI). PMI also issues several professional certifications, produces industry and research publications, offers involvement in local chapters and holds four conferences, called “global congresses” around the world each year.
Standards
PMI standards are targeted at projects, programs, people, organizations and the profession. Currently, some of the published standards are:
- A Guide to the Project Management Body of Knowledge (PMBOK Guide)
- Construction Extension to the PMBOK Guide, Third Edition
- Government Extension to the PMBOK Guide, Third Edition
- The Standard for Program Management
- The Standard for Portfolio Management
- Practice Standard for Earned Value Management
- Organizational Project Management Maturity Model (OPM3)
- Practice Standard for Project Configuration Management
- Practice Standard for Work Breakdown Structures—Second Edition
- Project Manager Competency Development Framework—Second Edition
According to PMI, standards are developed by volunteers in a three step process including an exposure draft process that allows the public to view the standard draft and include change suggestions.
