The Project Management Institute (PMI) is a not-for-profit professional organization for the project management profession with the purpose of advancing project management.
The Project Management Institute (PMI) offers a range of services to the Project Management profession such as the development of, standards, research, education, publication, networking-opportunities in local chapters, hosting conferences and training seminars, and maintaining multiple credentials in project management.
These credentials are:
Certified Associate in Project Management (CAPM)
Project Management Professional (PMP)
PMI Agile Certified Practitioner (PMI-ACP)
PMI Scheduling Professional (PMI-SP)
PMI Risk Management Professional (PMI-RMP)
Program Management Professional (PgMP)
In addition to career development credentials, PMI offers one certification:
Organizational Project Management Maturity Model Certified Consultant (OPM3-CC)
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).
Launched in 1984, PMI’s first certification was the PMP. Around 370,000 people now hold the PMP certification. In 2007, it earned the ANSI/ISO/IEC 17024 accreditation from the International Organization for Standardization (ISO). Credential holders do not have to be members of PMI.
To initially obtain a PMI credential, individuals must 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.