PMI Institute 2022: The World’s #1 Project Management Authority
In project management, we hear the term “PMI” a lot. We will be exploring the PMI Institute in this article. This article will help you to see that the PMI’s only function is to issue PMP certifications. PMI stands for Project Management Institute. Let’s look at the answers to all your questions about PMI institute.
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History of the PMI Institute
The Project Management Institute was founded in 1969. PMI Institute is a not for profit’ organization. PMI Institute was founded by Eric Jenett and Gordon Davis, A. E. “Ned” Engman, Susan C. Gallagher, and James Snyder. It was created to allow project managers to share information, best practices, and discuss common issues. The headquarters of PMI Institute is located in Pennsylvania, USA.
PMI: What does the project management institute stand for?
What are the principles and philosophy behind the PMI Institute? PMI’s foundation is built on professionalism, positive impact, and volunteer involvement. PMI also focuses on bringing together the community and engaging them for the benefit of the profession. All this while emphasizing ethical principles.
What does the PMI institute do?
PMP is the flagship credential of PMI. Are you curious if it is only for certifications? Let’s find out what PMI institute does.
PMI institute certifies program managers, project managers, portfolio managers, and business analysts. PMI is a learning platform for project managers. Training and development are available. Learn from seminars, conferences, online courses and webinars offered by PMI (and its Registered Education Providers, (REP)). There are also some academic programs and research options. You can also find publications, case studies, and white papers that will enhance your knowledge. PMI helps businesses and the government benchmark their project management processes.
PMI Institute offers Project Management Certifications
PMI institute offers project management certifications that were developed by practitioners and are meant for practitioners. These certifications are based on real-world experience. It also helps you to manage projects better. PMI institute offers many certifications. Let’s find out what they are and how to get them.
Project Management Professional (PMP).
What does the tag “PMP” at the end your name signify? It means that you are able to manage, lead and direct projects to a Gold standard. How do you earn that coveted PMP certification? These are the requirements for PMP certification:
Four-year bachelor degree plus.
You will need to have at least 4500 hours of experience leading and directing projects.
You should also have 35 hours of project management education.
35 hours of education may be available. The PMP certification exam lasts 4 hours. You can practice the questions and answers online or in a downloadable format with the PMP question bank. The PMI institute offers a computer-based test with 200 questions that you must complete in four hours.
Ah!, project managers, you might want to know how the PMP Salary Increase after becoming a PMP. The salary survey by PMI institute revealed that most project managers see a 20% increase in their salaries after certification.
The PMI Institute ensures that you stay in touch with the profession and are always up to date. The PMP Renewal is a 3-year-long program.
Program Management Professional
Are you a senior manager who manages multiple projects that are also known as programs? You might consider Program Management Professional (PgMP).