PMI Certifications and Their Role in Project Management

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PMI Certifications and Their Role in Project
Management
Every trade has a trade association, which is an
organization that represents the industry and
provides training or networking opportunities.
Project management is no exception. The Project
Management Institute (PMI) is a non-profit
organization that serves project managers all
around the world. If you have even a passing
interest in the field, you've come into contact
with PMI. After all, it has millions of members
all across the world.
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Quick PMI Information
It provides project management training and PMI
Certifications as an organization, and it reports
on industry developments regularly. The Project
Management Institute also establishes the
industry standard for ethics. Given its enormous
significance, it's critical to understand PMI
and its history.
The PMI footprint is massive. The group supports
over 2.9 million industry professionals and has
over 500,000 members in 208 locations worldwide,
with 300 chapters and 10,000 volunteers. It
conducts research, trains students, creates
industry standards, publishes a journal, arranges
conferences, and provides an internationally
recognized certification. The Project Management
Institute updates its A Guide to the Project
Management Body of Knowledge regularly, using
input from industry volunteers and approval from
the American National Standards Institute
(ANSI). PMI's History But where did PMI begin?
What are the roots that support this project
management behemoth? It dates back to the 1960s
when project management was first recognized as
a specialty in the aerospace, construction, and
defense industries. The PMI seed was sown in
these businesses. In 1969, Jim Snyder of Smith,
Kline French Laboratories and Gordon Davis of
the Georgia Institute of Technology were eating
dinner in Philadelphia when they realized there
was a need for an organization that provided a
venue for project managers to share knowledge and
discuss their profession. Later that year, the
budding group held its first formal meeting at
the Georgia Institute of Technology in Atlanta.
Following that, the five PMI founders signed and
filed articles of incorporation in Pennsylvania.
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PMI's Objectives and Standards
Around the same time, PMI focused part of its
energy to defining industry standards. This was
accomplished through the formation of a
Professional Liaison Committee, which
collaborated with the Technology, Research
Policy, and Education Committees. It also
collaborated with the American National
Standards Committee and the International Project
Management Association from Europe. Those efforts
had been formalized into project management
processes and methodologies by 1980. PMI
published the first Project Management Body of
Knowledge in 1996. (PMBOK). Under the guidance
of then-President Virgil R. Carter, PMI increased
its membership to 90,000 in 120 countries
throughout the 1990s. Gregory Balestrero led PMI
for a decade after Carter, beginning in 2002.
PMI's current president is Mark
Langley. Certification PMI created a
certification program to recognize project
management abilities and expertise. The Project
Management Professional (PMP) certification was
first offered in 1984 and has since become an
industry standard. The International Organization
for Standardization (ISO) approved PMP in 2007,
and as of July 2018, approximately 876,000
persons had this certification. To apply for PMI
certification, a person must have domain
experience, educational degrees, or both. A
candidate must have three years of project
management experience, 4,500 hours of project
leadership and directing experience, and 35 hours
of project management coursework with a
four-year degree to qualify. If the candidate
possesses a secondary degree, such as a high
school diploma, associate degree, or similar,
they must have five years of project management
experience, 7,500 hours of project leadership and
directing, and 35 hours of project management
instruction. The PMP certification exam consists
of 200 multiple-choice questions based on the PMP
guidebook. Candidates can review test content
online and practice with example questions. PMI
chapters and authorized Registered Education
Providers also provide formal study courses
(REPs). There are also self-study materials
available from REPs and other respectable
training companies. It is also critical to
understand A Guide to the Project Management
Body of Knowledge (PMBOK Guide).
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Other Certifications Besides the PMP
PMP is only one of several certificates provided
by PMI. There is a Certified Associate in Project
Management (CAPM) certification, which is an
entry-level certification that requires less
project experience than the PMP. Program
Management Professional (PgMP), Portfolio
Management Professional (PfMP), PMI Agile
Certified Practitioner (PMI-ACP), PMI Risk
Management Professional (PMI-RMP), PMI Scheduling
Professional (PMI-SP), and PMI Professional in
Business Analysis qualifications are also
available (PMI-PBA). There is also an OPM3
Professional certification, which stands for
Organizational Project Management Maturity Model
and is a best-practice standard for analysing
and building capabilities in executing strategy
in projects through portfolio management,
programme management, and project management.
Project Management Ethics PMI recognises that a
project manager is a decision-maker, and that
decisions have an influence on people, resources,
and surroundings. As a result, their decisions
are frequently ethical rather than merely
business-oriented. Decisions like this can create
quandaries and even hazards, leaving a project
manager perplexed as to the best course of
action. This becomes increasingly difficult when
project managers disagree with
stakeholders. With its Code of Ethics and
Professional Conduct and ethical decision-making
framework, PMI seeks to wade into these ethical
waters and provide some guidance. There are
several publications, papers, and webinars
available on the subject. As a resource for
project managers, the organisation also provides
an ethics complaint and review mechanism.
Questions, complaints, or ideas can be sent to a
PMI Ethics Member Advisory Group member.
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PMI Conferences
PMI, like most trade groups, hosts a number of
industry events. The PMI EMEA Congress 2019 will
be held in Dublin, Ireland, in mid-May. There
will be keynote lectures, worldwide perspectives
on project management, and an opportunity to
network with colleagues in the field over the
course of three days. Regional SeminarsWorld
events are also held throughout the year to
provide in-depth multi-day instruction on a
certain topic. They provide hands-on teaching
and customised attention in a small group
environment with practical applications and
real-life solutions from seasoned specialists A
Mega SeminarsWorld is similar to the one
described above, but it includes a greater range
of popular SeminarsWorld courses as well as
morning keynote speakers and coordinated
receptions. The organisation also hosts the PMI
Global Conference, which draws thousands of
project managers from across the world. It is a
three-day educational programme that covers all
industry methods, methodologies, and
technologies. There will be keynote lectures,
tailored breakout sessions, and opportunities
for networking. The PMO Symposium is a forum for
the exchange of best practises and fresh insights
into project management techniques and
procedures. It also offers networking events and
workshops. The event is designed for executives
and leaders who manage a portfolio of projects,
programmes, and initiatives.
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PMI Awards
The PMI awards professionals that exhibit talent,
passion and know-how in their area. These prizes
are PMI Fellows Award, which is the most
prestigious award. PMI Fellows Award, which is
the most highly regarded individual award
presented by PMI that recognizes the contribution
to the profession and organization. The PMI
Eric Jenett Project Management Excellence Award
honors individuals who contribute significantly
to project management by demonstrating
leadership technical project management as well
as business and strategic management
skills. This award is awarded to the PMI Young
Professional Award is intended for project
managers who are young who are making an
important contribution to the advancement of
managing projects within the organization.
improving knowledge and understanding of project
management and demonstrating exceptional PMI
standards, practices , and ethics. Awards are
available given to projects, like PMI Project of
the Year, PMI Project of the Year, PMI Project
Excellence Award and the PMO of the Year Award.
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PMI Resources
One of the guiding principles of PMI is the
provision of sources to professionals working in
project management. There are plenty, like the
certification and training programs as well as
their various events however, they are also a
web-based portal. PassYourCert.net is a
knowledge portal offering project managers a
place to create and explore articles and
participate in a diverse community. There are
online study sessions, also known as the
PMchallenge to aid you in enhancing your project
management skills and abilities. If you are able
to answer the questions correctly the correct
answer, it's displayed in your personal
profile. There are also tools that can help you
in areas like Agile, lifecycle management of
applications Budgeting and forecasting changes
management and much more. There are sections that
aid in the development of your career and
standards for project management, academic
project management, and help for novice
practitioners. There are webinars available on
the website that are live as well as on demand.
They also offer PDU qualified actions which can
be reported to PMI members. PMI members could be
reported directly to PMI to ensure that you are
up-to-date with the status of certification. This
, along with templates and an extensive library
of relevant articles for the industry create PMI
online an excellent source and a further example
of the way the organization helps an industry
sector that's contributed an abundance of support
to them.