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			{{Short description\|U.S.-based not-for-profit professional organization}}
	{{Infobox Non-profit
			{{redirect\|PMI®\|other uses\|PMI (disambiguation)}}
	\| Non-profit_name = Project Management Institute
			{{Use mdy dates\|date=April 2021}}
	\| Non-profit_logo = ]
			{{Infobox organization
	\| Non-profit_type = Professional Organization
			\| name = Project Management Institute, Inc.
	\| founded_date = 1969
			\| logo = PMI-logo.png
	\| founder =
			\| logo_size = 200px
	\| location =
			\| type = Professional Organization
	\| origins =
			\| formation = 1969
	\| key_people = ], President and CEO
			\| founder =
	\| area_served = Worldwide
			\| location = ], Pennsylvania, United States
	\| focus = Project Management
			\| coordinates = {{Coord\|39\|58\|40.3674\|N\|75\|25\|7.4352\|W\|display=inline,title}}
	\| method = Certification, Industry standards, Conferences, Publications
			\| board_of_directors =
	\| revenue = 80.4 MM (budget 2007)<ref>The USD $80.4 million is the operating budget for 2007, approved the "PMI 2007–2008 Program Plan and Budget", approved by the PMI Board of Directors. (Source: ).</ref>
			\| key_people = Pierre Le Manh, President and CEO<ref>{{Cite web \|url=https://techrseries.com/learning-and-development/project-management-institute-names-pierre-le-manh-as-new-president-chief-executive-officer/\|title=Project Management Institute Names Pierre Le Manh As New President & Chief Executive Officer \|publisher=HRTech Specialist \|date = Aug 23, 2022 \|access-date=15 December 2022}}</ref>
	\| endowment =
			\| region_served = Worldwide
	\| num_volunteers =
			\| purpose = Project management
	\| num_employees = 51-200 employees
			\| services = Certification, Industry standards, Conferences, Publications
	\| num_members = 285,000+
			\| revenue = {{increase}}]343.21 million <small>(2021)</small>
	\| owner =
			\| expenses = {{increase}}]278.55 million <small>(2021)</small>
	\| Non-profit_slogan =
			\| endowment =
	\| homepage =
			\| volunteers = 14,000 <small>(2021)</small>
	\| tax_exempt =
			\| staff = 721 <small>(2022 Q2)</small>
	\| dissolved =
			\| membership = 680,000+ <small>(2021)</small><ref>{{Cite web\|url=https://www.projectmanagement.com/blog-post/70509/september-2021-pmi-fact-file-stats\|title=September 2021 PMI Fact File Stats}}</ref>
	\| footnotes =
			\| students =
			\| website = {{URL\|https://pmi.org}}
			\| footnotes = <ref>{{cite web \|title=2020 Annual Report \|url=https://www.pmi.org/pmi-annual-report-20209 \|website=Project Management Institute \|publisher=Project Management Institute, Inc. \|access-date=8 November 2021}}</ref>
	}}		}}
	The '''Project Management Institute''' (PMI) is a ] ] ~~with the purpose of advancing the state-of-the-art of~~ ].<ref>Jon M. Wickwire ~~et al. (~~2002~~). ''~~Construction Scheduling: Preparation, Liability, and Claims~~''. p.~~ 289~~.</ref> The company is a professional association for the project management profession.<ref name~~=~~"NoKe07"> Sebastian Nokes, Sean Kelly (2007). ''The Definitive Guide to Project Management: The Fast Track to Getting''. p.331.~~</ref>		The '''Project Management Institute''' ('''PMI''', legally '''Project Management Institute, Inc.''') is a U.S.-based ] ] for ].<ref>{{cite book\|first=Jon M.\|last=Wickwire\|year=2002\|title=Construction Scheduling: Preparation, Liability, and Claims\|page=289\|display-authors=etal}}</ref>

	== Overview ==		== Overview ==
			PMI serves more than five million professionals including over 680,000 members in 217 countries and territories around the world, with 304 chapters and 14,000 volunteers serving local members in over 180 countries.
	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:<ref name="NoKe07"/>
	* the Program Management Professional (PgMP).
	* the ] (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).

			Its 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.
	To serve its members and the profession, PMI has recruited volunteers to create industry standards, such as "]", which has been recognized by the ] (ANSI).<ref name="Bon06"> Jan Van Bon (2006). ''Frameworks for IT Management''. Van Haren Publishing. ISBN 9077212906. p.206 </ref> 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.

			PMI has recruited volunteers to create industry standards, such as "]", which has been recognized by the ] (ANSI).<ref name="Bon06">{{cite book\|first=Jan\|last=Van Bon\|year=2006\|title=Frameworks for IT Management\|publisher=Van Haren Publishing\|isbn=90-77212-90-6\|page=206}}</ref> In 2012 ISO adapted the project management processes from the ''PMBOK Guide'' 4th edition.<ref>{{cite web\|url=http://www.pmi.org/en/About-Us/Press-Releases/ISO-21500-Standard-for-Alignment-with-PMBOK-Guide.aspx \|title=Project Management Institute Commends ISO 21500 Standard for Alignment with PMBOK Guide \|publisher=Pmi.org \|date=September 6, 2012 \|access-date=2014-06-05}}</ref>
	== History ==
	The Project Management Institute was founded in 1969 at the ] by five volunteers: James Snyder, Gordon Davis, Eric Jennett, A.E. Engman, and Susan C. Gallagher. There initial goal was to establish an organization where members could share their experiences in project management and to discuss issues.<ref name="SS08"> Michele Sliger and Stacia Broderick (2008). ''The Software Project Manager's Bridge to Agility''. Addison-Wesley. ISBN 0321502752 p.26.</ref> In 1999 the PMI has been accredited by the ] (ANSI) as an Standard Development Organization (SDO).<ref name="Bon06"/>

			== History ==
	In 1996 the first edition of ] (PMBOK® Guide) was published. This book outlines project management knowledge areas, processes, and practices, and became a standard for generally recognized good practices in project management. The second edition published in 2000 is recognized by ANSI as standard ANSI/PMI 99-001-2000, and the third 2004 PMBoK Guide as standard ANSI/PMI 99-001-2004.<ref name="Bon06"/> In 2008, with its third edition, the PMBOK® Guide has sold more than a million copies worldwide.<ref name="SS08"/>
			In the 1960s project management as such began to be used in the US aerospace, construction, and defense industries.<ref name = "PLH 1997">Patrick L. Healy (1997) ''Project Management: Getting the Job Done on Time and in Budget''.</ref> The Project Management Institute was founded by ] (McDonnell Douglas Automation), ], ] (SmithKline & French Laboratories), ] (Brown & Root), and ] (Georgia Institute of Technology) at the ]<ref name="SS08">Michele Sliger and Stacia Broderick (2008). ''The Software Project Manager's Bridge to Agility''. Addison-Wesley. {{ISBN\|0321502752}} p.26: The five people, who founded the Project Management Institute were James Snyder, Gordon Davis, Eric Jennett, A.E. Engman, and Susan C. Gallagher.</ref> in 1969 as a nonprofit organization. It was incorporated in the state of Pennsylvania in the same year. 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."<ref name = "NBS 1975">Sophie J. Chumas & Joan E. Hartman (1975) ''Directory of United States standardization activities'' ] Special Publication 417. p. 141</ref>

			In the 1970s standardization efforts represented 10 to 15 percent of the institute's efforts. The functions were performed through the Professional Liaison Committee which called on and coordinated with the Technology, Research Policy, and Education Committees. The institute participated in national activities through the American National Standards Committee XK 36.3 and internationally, through liaison with an appointed observer to Europe's International Project Management Association, then called INTERNET.<ref name = "PLH 1997"/> PMI did not deal with the US federal government directly; several members were federal employees in agencies involved with project management.<ref name = "NBS 1975"/>
	From 1997 to 2002, the president of PMI was Virgil R. Carter, under whom PMI experienced a 350 percent net growth in membership to 90,000-members and expanded its global component organizations in 120 countries. Carter also spearheaded PMI's financial growth from an $8 million budget in 1997 to $30 million in 2001.<ref>" in: ASME news May 2002. Accessed 2 December 2008.</ref>

			In the 1980s, efforts were made to standardize project management procedures and approaches. The PMI produced the first Project Management Body of Knowledge (PMBOK) in 1996.<ref name="PLH 1997" />
	Carter was succeeded in 2002 by ].<ref name="NASA2007"> . Accessed 2 December 2008.</ref> PMI almost tripled the number of members again in the next seven years. Balestrero's two primary goals for PMI are building a superior project management practice and gaining global acceptance for the profession.<ref name="NASA2007"/> During his tenure, PMI has grown from 93,000 in 2002 to over 260,000 members in 2008 in over 150 countries worldwide.<ref name="NASA2007"/>

			In the late 1990s, Virgil R. Carter became president of the PMI.<ref name=":0">"ASME names new executive director" in: ''ASME news'', May 2002.</ref> In 2002 Carter was succeeded by ], who directed the institute until his retirement in January 2011. He was succeeded as President and CEO by Mark A. Langley. From March 2019 through December 2021 the president and CEO was Sunil Prashara. Pierre Le Manh was appointed CEO on September 1, 2022.<ref>{{Cite web \|url=https://techrseries.com/learning-and-development/project-management-institute-names-pierre-le-manh-as-new-president-chief-executive-officer/\|title=Project Management Institute Names Pierre Le Manh As New President & Chief Executive Officer \|publisher=HRTech Specialist \|date = Aug 23, 2022 \|access-date=30 December 2022}}</ref>
	In 2008 the organization reported it has more than 260,000 members in more than 171 countries. PMI also has offices in Washington, D.C., and Beijing, China, as well as Regional Service Centres in Singapore, Brussels, Belgium and New Delhi, India. Recently, an office was also opened in Mumbai, India.

			===List of PMI Acquisitions===
	== Certification ==

	Its first certification offered was the PMP certification, which was launched in 1984. Nearly 260,000 people now hold the PMP certification. In 2007, it earned the ANSI/ISO/IEC 17024 accreditation from the ] (ISO). Credential holders do not have to be members of PMI.
			* Human Systems International (HSI): Acquired in 2013. Led by global benchmarking experts including Terry Cooke-Davies, Group Chairman of HSI. <ref>{{Cite web \|url=https://www.projectaccelerator.co.uk/pmi-acquires-human-systems-international-a-uk-based-assessment-and-benchmarking-firm/\|title=PMI Acquires Human Systems International, a UK-based Assessment and Benchmarking Firm \|publisher=ProjectAccelerator \|date = Sep 30, 2013 \|access-date=11 January 2025}}</ref>

			* ProjectManagement.com (formerly Gantthead.com): Acquired in 2014. Co-founded by Dave Garrett, who served as President and CEO at the time. <ref>{{Cite web \|url=https://pmworldjournal.com/article/interview-with-dave-garrett\|title=Interview with Dave Garrett \|publisher=PMWorld Journal \|date = June 2022 \|access-date=11 January 2025}}</ref>

			* Disciplined Agile (DA): Acquired in August 2019. Co-founded by Scott Ambler and Mark Lines. <ref>{{Cite web \|url=https://pmworldlibrary.net/pmbreakingnews/pmi-announces-acquisition-of-disciplined-agile/\|title=Project Management Institute Announces Acquisition of Disciplined Agile \|publisher=PMWorld \|date = Aug 9, 2019 \|access-date=11 January 2025}}</ref>

			* FLEX from Net Objectives: Acquired in September 2019. Founded by Alan Shalloway, CEO of Net Objectives. <ref>{{Cite web \|url=https://www.scrumexpert.com/news/project-management-institute-pmi-acquired-flex-from-net-objectives/\|title=Project Management Institute (PMI) Acquired FLEX from Net Objectives \|publisher=ScrumExpert \|date = Sep 26, 2019 \|access-date=11 January 2025}}</ref>

			* PMO Global Alliance (PMOGA): Acquired in October 2023. Founded by Americo Pinto, who also served as Chair. <ref>{{Cite web \|url=https://pmworldjournal.com/article/december-2023-update-from-the-house-of-pmo\|title=December 2023 Update from the House of PMO \|publisher=PMWorld Journal \|date = Oct 26, 2023 \|access-date=11 January 2025}}</ref>

			* Project Managers Without Borders (PMWB): Acquired in February 2024. Co-founded by David Donaldson. <ref>{{Cite web \|url=https://www.pmi.org/about/press-media/press-releases/project-managers-without-borders-joins-project-management-institute\|title=Project Managers Without Borders Joins Project Management Institute to Expand and Strengthen Project Management’s Positive Impact on the World \|publisher=Project Management Institute \|date = Jan 25, 2024 \|access-date=11 January 2025}}</ref>

			* Cognilytica: Acquired in September 2024. Co-founded by Ron Schmelzer and Kathleen Walch.<ref>{{Cite web \|url=https://www.vanguardngr.com/2024/10/pmi-unveils-latest-next-generation-ai-offerings-2/\|title=PMI unveils latest next-generation AI offerings \|publisher=Vanguard \|date = October 30, 2024 \|access-date=11 January 2025}}</ref>

			== Certifications ==
	To maintain most PMI credentials, holders must earn Professional Development Units (PDUs) which can be earned a variety of ways such as taking classes, attending PMI global congresses, contributing to professional research or writing and publishing papers on the subject.
			Launched in 1984, PMI's first credential was the ]. It has since become a ] standard certification in project management. In 2007 it earned the ANSI/ISO/IEC 17024 accreditation from the ] (ISO). {{As of\|2020\|May}}, over one million people held the PMP credential.<ref>{{cite journal\|author=<!--Staff writer(s); no by-line.-->\|date=May 2020\|title=PMI Fact File\|url=https://www.pmitoday-digital.com/pmitoday/july_august_2020?pg=4#pg4\|journal=PMI Today\|publisher=Project Management Institute\|page=4\|access-date=20 July 2020}}</ref>

			PMI later introduced other certifications. Credential holders do not have to be members of PMI.

			To initially obtain a PMI credential, candidates must first document that they have met the required education and experience requirements. They must then pass an examination consisting of multiple-choice questions. To maintain most PMI credentials, holders must earn Professional Development Units (PDUs), which can be earned in a variety of ways such as taking classes, attending PMI global congresses, contributing to professional research, or writing and publishing papers on the subject. Most credentials must be renewed every three years. These are the certifications and credentials offered by PMI:<ref>{{cite web\|url=http://www.pmi.org \|title=the World's Leading Professional Association for Project Management \|publisher=PMI \|access-date=2014-06-05}}</ref><ref>{{Cite web\|url=https://www.pmi.org/certifications\|title=Certifications \| PMI\|website=www.pmi.org}}</ref>

			* 1984: ] (PMP)
			* 2003: ] (CAPM)
			* 2007: ] (PgMP)
			* 2008: ] (PMI-SP)
			* 2008: ] (PMI-RMP)
			* 2011: ] (PMI-ACP)
			* 2014: ] (PMI-PBA)
			* 2014: ] (PfMP)
			* 2020: ]
			* 2020: ] (DASM)
			* 2021: ] (DASSM)
			* 2021: ] (DAVSC)
			* 2021: ] (DAC)

			PMI also provided a Certified ] Professional credential which was officially discontinued on March 1, 2017. PMI no longer allows the use of the credential's designation by individuals who formerly obtained it. ], even though no longer neither a credential nor a publication, remains a registered mark of PMI.<ref>{{Cite web \|date=February 2022 \|title=PMI Advertising Policy - list of marks \|url=https://www.pmi.org/-/media/pmi/documents/public/pdf/about/press-media/list-of-marks.pdf \|url-status=live \|archive-url=https://web.archive.org/web/20240716122414/https://www.pmi.org/-/media/pmi/documents/public/pdf/about/press-media/list-of-marks.pdf \|archive-date=16 July 2024 \|access-date=10 December 2024 \|website=Project Management Institute}}</ref>

			===Micro-Credentials===

			List of PMI Micro-Credentials - subject to change:<ref>{{cite web \|title=PMI Micro-Credentials \|url=https://www.pmi.org/certifications/micro-credentials \|access-date=20 May 2024}}</ref>
			* Agile Hybrid Project Pro
			* Agile Metrics Micro-Credential
			* Citizen Developer Practitioner
			* Construction Performance and Materials Management
			* Construction Project Communications
			* Construction Technology and Innovation
			* Organizational Transformation Foundation
			* Organizational Transformation Implementation
			* Organizational Transformation Orchestration
			* PMI Citizen Developer Business Architect
			* Value Stream Management Micro-Credential

	== Standards ==		== Standards ==
			The standards PMI develops and publishes fall into three main categories:
	PMI standards are targeted at projects, programs, people, organizations and the profession. Currently, some of the published standards are:
			* Foundational Standards. These standards provide a foundation for project management knowledge and represent the four areas of the profession: project, program, portfolio, and the organizational approach to project management. They are the foundation on which practice standards and industry-specific extensions are built. According to PMI, standards are developed by volunteers in an open, consensus-based process including a public exposure draft process that allows the standard draft to be viewed and changes suggested.<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/foundational\|title=Foundational Standards\|website=www.pmi.org}}</ref>
			* Practice Standards and Frameworks. Practice standards describe the use of a tool, technique, or process identified in the PMBOK® Guide or other foundational standards.<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/framework\|title=Practice Standards and Frameworks\|website=www.pmi.org}}</ref>
			* Practice Guides. Practice guides provide supporting information and instruction to help one apply PMI's standards. Practice guides may become potential standards and if so, would undergo the process for the development of full consensus standards.<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/practice-guides\|title=Practice Guides for PMI Standards\|website=www.pmi.org}}</ref>

			Here is a list of the current standards or guides in each category:
	* ] (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

			'''Foundational Standards'''
	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.
			* ] (''PMBOK Guide'') – Seventh Edition (2021). Recognized by the ] (ANSI) as American National Standard ANSI/PMI 99-001-2021.<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/foundational/PMBOK\|title=PMBOK® Guide\|website=www.pmi.org}}</ref>
			* The Standard for Program Management—Fourth Edition (2017). Recognized by ANSI as American National Standard ANSI/PMI 08-002-2017.<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/foundational/program-management\|title=The Standard for Program Management – Fourth Edition\|website=www.pmi.org}}</ref>
			* The Standard for Portfolio Management—Fourth Edition (2017). Recognized by ANSI as American National Standard ANSI/PMI 08-003-2017.<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management\|title=The Standard for Portfolio Management – Fourth Edition\|website=www.pmi.org}}</ref>
			* The Standard for Earned Value Management (2019). Recognized by ANSI as American National Standard ANSI/PMI 19-006-2019.<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/foundational/earned-value-management\|title=The Standard for Earned Value Management\|website=www.pmi.org}}</ref>
			* The Standard for Risk Management in Portfolios, Programs, and Projects (2019).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/foundational/risk-management\|title=The Standard for Risk Management in Portfolios, Programs, and Projects\| PMI\|website=www.pmi.org}}</ref>
			* The Standard for Organizational Project Management (2018).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/foundational/organizational-project-management\|title=The Standard for Organizational Project Management \| PMI\|website=www.pmi.org}}</ref>
			* The PMI Guide to Business Analysis (2017), which includes The Standard for Business Analysis.<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/foundational/business-analysis\|title=The PMI Guide to Business Analysis\|website=www.pmi.org}}</ref>

			'''Practice Standards and Frameworks'''
			* Practice Standard for Project Estimating—Second Edition (2019).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/framework/practice-standard-for-estimating\|title=Practice Standard for Project Estimating - Second Edition\|website=www.pmi.org}}</ref>
			* Practice Standard for Scheduling—Third Edition (2019).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/framework/practice-standard-scheduling-3rdedition\|title=Practice Standard for Scheduling\|website=www.pmi.org}}</ref>
			* Practice Standard for Work Breakdown Structures—Third Edition (2019).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/framework/practice-standard-work-breakdown-structures-3rd-edition\|title=Practice Standard for Work Breakdown Structures\|website=www.pmi.org}}</ref>
			* Practice Standard for Project Configuration Management (2007).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/framework/practice-standard-project-configuration-management\|title=Practice Standard for Project Configuration Management\|website=www.pmi.org}}</ref>
			* Project Manager Competency Development Framework—Third Edition (2017).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/framework/pm-competency-development-3rd-edition\|title=Project Manager Competency Development Framework\|website=www.pmi.org}}</ref>

			'''Practice Guides'''
			* Benefits Realization Management: A Practice Guide (2019).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/practice-guides/benefits-realization\|title=Benefits Realization Management Practice Guide \| PMI\|website=www.pmi.org}}</ref>
			* Agile Practice Guide (2017).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/practice-guides/agile\|title=Agile Practice Guide}}</ref>
			* Requirements Management: A Practice Guide (2016).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/practice-guides/requirements-management\|title=Requirements Management Practice Guide \| PMI}}</ref>
			* Governance of Portfolios, Programs, and Projects: A Practice Guide (2016).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/practice-guides/governance\|title=Governance of Portfolios, Programs, and Projects \| PMI}}</ref>
			* Business Analysis for Practitioners: A Practice Guide (2015).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/practice-guides/business-analysis\|title=Business Analysis Practice Guide \| PMI}}</ref>
			* Navigating Complexity: A Practice Guide (2014).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/practice-guides/complexity\|title=Navigating Complexity Practice Guide \| PMI}}</ref>
			* Managing Change in Organizations: A Practice Guide (2013).<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/practice-guides/change\|title=Managing Change Practice Guide \| PMI}}</ref>

			'''PMI Lexicon of Project Management Terms'''<ref>{{Cite web\|url=https://www.pmi.org/pmbok-guide-standards/lexicon\|title=PMI Lexicon of Project Management Terms\|website=www.pmi.org}}</ref>

			While not a standard, framework, or practice guide, the PMI Lexicon of Project Management Terms offers clear and concise definitions for nearly 200 of the profession's frequently used terms. Definitions in the Lexicon were developed by volunteer experts, and PMI standards committees are chartered to use the Lexicon terms without modification. Version 3.2 contains numerous revised terms based on requests from the 2017 foundational standard committees.

			== Awards ==
			PMI honors project management excellence in various categories, e.g.: project professionals, organizations, scholars, authors, and continuing professional education providers.<ref>{{Cite web\|url=https://www.pmi.org/about/awards\|title=Awards \| Project Management Institute}}</ref>

			== See also==
			* ]

	==References==		==References==
	{{~~Reflist~~}}		{{NIST-PD}}
			{{reflist}}

	==External links==		==External links==
	*		* {{official website\|http://www.pmi.org/}}

			{{Authority control}}
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Latest revision as of 18:03, 11 January 2025

U.S.-based not-for-profit professional organization "PMI®" redirects here. For other uses, see PMI (disambiguation).

Project Management Institute, Inc.

Formation	1969
Type	Professional Organization
Purpose	Project management
Location	Newtown Square, Pennsylvania, United States
Coordinates	39°58′40.3674″N 75°25′7.4352″W / 39.977879833°N 75.418732000°W / 39.977879833; -75.418732000
Region served	Worldwide
Services	Certification, Industry standards, Conferences, Publications
Membership	680,000+ (2021)
Key people	Pierre Le Manh, President and CEO
Revenue	$343.21 million (2021)
Expenses	$278.55 million (2021)
Staff	721 (2022 Q2)
Volunteers	14,000 (2021)
Website	pmi.org

The Project Management Institute (PMI, legally Project Management Institute, Inc.) is a U.S.-based not-for-profit professional organization for project management.

Overview

PMI serves more than five million professionals including over 680,000 members in 217 countries and territories around the world, with 304 chapters and 14,000 volunteers serving local members in over 180 countries.

Its 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 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). In 2012 ISO adapted the project management processes from the PMBOK Guide 4th edition.

History

In the 1960s project management as such began to be used in the US aerospace, construction, and defense industries. The Project Management Institute was founded by Ned Engman (McDonnell Douglas Automation), James Snyder, Susan Gallagher (SmithKline & French Laboratories), Eric Jenett (Brown & Root), and J Gordon Davis (Georgia Institute of Technology) at the Georgia Institute of Technology in 1969 as a nonprofit organization. It was incorporated in the state of Pennsylvania in the same year. 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."

In the 1970s standardization efforts represented 10 to 15 percent of the institute's efforts. The functions were performed through the Professional Liaison Committee which called on and coordinated with the Technology, Research Policy, and Education Committees. The institute participated in national activities through the American National Standards Committee XK 36.3 and internationally, through liaison with an appointed observer to Europe's International Project Management Association, then called INTERNET. PMI did not deal with the US federal government directly; several members were federal employees in agencies involved with project management.

In the 1980s, efforts were made to standardize project management procedures and approaches. The PMI produced the first Project Management Body of Knowledge (PMBOK) in 1996.

In the late 1990s, Virgil R. Carter became president of the PMI. In 2002 Carter was succeeded by Gregory Balestrero, who directed the institute until his retirement in January 2011. He was succeeded as President and CEO by Mark A. Langley. From March 2019 through December 2021 the president and CEO was Sunil Prashara. Pierre Le Manh was appointed CEO on September 1, 2022.

List of PMI Acquisitions

Human Systems International (HSI): Acquired in 2013. Led by global benchmarking experts including Terry Cooke-Davies, Group Chairman of HSI.

ProjectManagement.com (formerly Gantthead.com): Acquired in 2014. Co-founded by Dave Garrett, who served as President and CEO at the time.

Disciplined Agile (DA): Acquired in August 2019. Co-founded by Scott Ambler and Mark Lines.

FLEX from Net Objectives: Acquired in September 2019. Founded by Alan Shalloway, CEO of Net Objectives.

PMO Global Alliance (PMOGA): Acquired in October 2023. Founded by Americo Pinto, who also served as Chair.

Project Managers Without Borders (PMWB): Acquired in February 2024. Co-founded by David Donaldson.

Cognilytica: Acquired in September 2024. Co-founded by Ron Schmelzer and Kathleen Walch.

Certifications

Launched in 1984, PMI's first credential was the PMP. It has since become a de facto standard certification in project management. In 2007 it earned the ANSI/ISO/IEC 17024 accreditation from the International Organization for Standardization (ISO). As of May 2020, over one million people held the PMP credential.

PMI later introduced other certifications. Credential holders do not have to be members of PMI.

To initially obtain a PMI credential, candidates must first document that they have met the required education and experience requirements. They must then pass an examination consisting of multiple-choice questions. To maintain most PMI credentials, holders must earn Professional Development Units (PDUs), which can be earned in a variety of ways such as taking classes, attending PMI global congresses, contributing to professional research, or writing and publishing papers on the subject. Most credentials must be renewed every three years. These are the certifications and credentials offered by PMI:

1984: Project Management Professional (PMP)
2003: Certified Associate in Project Management (CAPM)
2007: Program Management Professional (PgMP)
2008: PMI Scheduling Professional (PMI-SP)
2008: PMI Risk Management Professional (PMI-RMP)
2011: PMI Agile Certified Practitioner (PMI-ACP)
2014: PMI Professional in Business Analysis (PMI-PBA)
2014: Portfolio Management Professional (PfMP)
2020: PMI Project Management Ready
2020: Disciplined Agile Scrum Master (DASM)
2021: Disciplined Agile Senior Scrum Master (DASSM)
2021: Disciplined Agile Value Stream Consultant (DAVSC)
2021: Disciplined Agile Coach (DAC)

PMI also provided a Certified OPM3 Professional credential which was officially discontinued on March 1, 2017. PMI no longer allows the use of the credential's designation by individuals who formerly obtained it. OPM3, even though no longer neither a credential nor a publication, remains a registered mark of PMI.

Micro-Credentials

List of PMI Micro-Credentials - subject to change:

Agile Hybrid Project Pro
Agile Metrics Micro-Credential
Citizen Developer Practitioner
Construction Performance and Materials Management
Construction Project Communications
Construction Technology and Innovation
Organizational Transformation Foundation
Organizational Transformation Implementation
Organizational Transformation Orchestration
PMI Citizen Developer Business Architect
Value Stream Management Micro-Credential

Standards

The standards PMI develops and publishes fall into three main categories:

Foundational Standards. These standards provide a foundation for project management knowledge and represent the four areas of the profession: project, program, portfolio, and the organizational approach to project management. They are the foundation on which practice standards and industry-specific extensions are built. According to PMI, standards are developed by volunteers in an open, consensus-based process including a public exposure draft process that allows the standard draft to be viewed and changes suggested.
Practice Standards and Frameworks. Practice standards describe the use of a tool, technique, or process identified in the PMBOK® Guide or other foundational standards.
Practice Guides. Practice guides provide supporting information and instruction to help one apply PMI's standards. Practice guides may become potential standards and if so, would undergo the process for the development of full consensus standards.

Here is a list of the current standards or guides in each category:

Foundational Standards

A Guide to the Project Management Body of Knowledge (PMBOK Guide) – Seventh Edition (2021). Recognized by the American National Standards Institute (ANSI) as American National Standard ANSI/PMI 99-001-2021.
The Standard for Program Management—Fourth Edition (2017). Recognized by ANSI as American National Standard ANSI/PMI 08-002-2017.
The Standard for Portfolio Management—Fourth Edition (2017). Recognized by ANSI as American National Standard ANSI/PMI 08-003-2017.
The Standard for Earned Value Management (2019). Recognized by ANSI as American National Standard ANSI/PMI 19-006-2019.
The Standard for Risk Management in Portfolios, Programs, and Projects (2019).
The Standard for Organizational Project Management (2018).
The PMI Guide to Business Analysis (2017), which includes The Standard for Business Analysis.

Practice Standards and Frameworks

Practice Standard for Project Estimating—Second Edition (2019).
Practice Standard for Scheduling—Third Edition (2019).
Practice Standard for Work Breakdown Structures—Third Edition (2019).
Practice Standard for Project Configuration Management (2007).
Project Manager Competency Development Framework—Third Edition (2017).

Practice Guides

Benefits Realization Management: A Practice Guide (2019).
Agile Practice Guide (2017).
Requirements Management: A Practice Guide (2016).
Governance of Portfolios, Programs, and Projects: A Practice Guide (2016).
Business Analysis for Practitioners: A Practice Guide (2015).
Navigating Complexity: A Practice Guide (2014).
Managing Change in Organizations: A Practice Guide (2013).

PMI Lexicon of Project Management Terms

While not a standard, framework, or practice guide, the PMI Lexicon of Project Management Terms offers clear and concise definitions for nearly 200 of the profession's frequently used terms. Definitions in the Lexicon were developed by volunteer experts, and PMI standards committees are chartered to use the Lexicon terms without modification. Version 3.2 contains numerous revised terms based on requests from the 2017 foundational standard committees.

Awards

PMI honors project management excellence in various categories, e.g.: project professionals, organizations, scholars, authors, and continuing professional education providers.