Why We Love Role Of PMI In Project Management (And You Should, Too!

Ted’s Story

Hmmm…. Let me tell you a short story of Ted’s Project Management journey.

Last weekend, Ted has bought a perfect smartphone for her mother who carried him for nine months. On very next Monday, Ted’s boss Mike informed that the company is planning to provide a smartphone to all of its 10000 employees and this job is assigned to Ted.

Ted realized that basically, it is the same Project Management activity that Ted performed for his mom, but now it has to be performed on a large scale. Ted would need a team of experts and professionals who can perform this project’s tasks through well-defined processes and practices. This brings PMI into the picture.

Project Management Institute – History

PMI stands for the Project Management Institute. It’s a leading not-for-profit professional membership association for the project management profession. The association aims to provide tools, networks, and best practices to those who seek help to successfully manage their projects and portfolios. It started in 1969, and currently, the resources and research programs by PMI are helping more than 3 million professionals working in almost every country to excel in their respective professions.

PMI develop standardize project management information, guide, and practices that are used worldwide to achieve the best results.

Developed by PMI, the five management processes including Initiation, Planning, Execution, Monitor and Control, and Closure. Let’s have a look at the five main project management processes in detail.

PMI services include the development of standards, research, education, publication, networking opportunities in local chapters, hosting conferences and training seminars, and providing accreditation in project management.

PMI described its objectives in 1975 as to “foster recognition of the need for professionalism in project management; provide a forum for the free exchange of project management problems, solutions and applications; coordinate industrial and academic research efforts; develop common terminology and techniques to improve communications; provide an interface between users and suppliers of hardware and software systems, and to provide guidelines for instruction and career development in the field of project management.”

Role of PMI

PMI does many things to promote the profession of Project Management and the development of project professional carrier. Here are the top 10 roles PMI plays in the development of the project management profession.

1. PMI Standards: PMI creates and publishes the Project Management Body of Knowledge (PMBOK) in an effort to standardize project management procedures and approaches. The First edition was published in 1996.
2. PMI certification: PMI has developed a certification program to certify skills and experience in project management. Project Management Professional (PMP) was launched in 1984 and has since become an industry standard.
3. PMI Act as a gatekeeper so that unqualified persons don’t gain PMI certification and make sure certified PMP are upholding high standards
4. Maintain the certification index of certified PMP with a unique global identity PMP number. Manage the PM Dashboard, keeping track of your certification and the number of PDU’s that have been approved.
5. PMI has professional members of over 650,000 in 213 countries and territories around the world, with 303 chapters and 14,000 volunteers serving local members in over 180 countries. This is to ensure project professional communities are well connected.
6. PMI organizes networking events and gatherings at the global and regional chapter levels. PMI sponsors PM conferences and events.
7. Continuously maintain and upgrade the certification programs.
8. PMI registers PM training providers who can deliver approved training related to project management. These certified trainers can provide approved training and education for aspiring as well as experienced project professionals.
9. Serve as a PMI standards training body and produces their own project professional development content.
10. PMI publishes a Project Management scholarly journal and Project Management research paper

Conclusion

The Project Management Institute (PMI) is a non-profit organization for project management professionals throughout the world. As an organization, The Project Management Institute offers training, certification, awards event in the project management field, and it publishes reports on industry insight trends.

 Have you ever acquired any certification from PMI? let me know by leaving a comment below right now.

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