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Project Management Institute

Project Management Institute is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Project Management Institute rather than just read about it. In short: The Project Management Institute (PMI, legally Project Management Institute, Inc.) is a not-for-profit professional organization established in 1969 in Pennsylvania, United States. It was founded with the aim to standardise project management practices internationally.

Project Management Institute — main illustration
Project Management Institute — illustration

Key takeaways

  • Project Management Institute belongs to science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Project Management Institute to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Project Management Institute from memory before moving on to harder problems.

Reference excerpt

The Project Management Institute (PMI, legally Project Management Institute, Inc.) is a not-for-profit professional organization established in 1969 in Pennsylvania, United States. It was founded with the aim to standardise project management practices internationally. PMI is headquartered in Newtown Square, Pennsylvania and operates in the United States as a 501(c)(6) organization. As of 2025, PMI has more than five million professionals including over 746,689 members in 217 countries and territories, with 303 chapters and 14,359 volunteers 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. The Project Management Institute hosts an annual flagship conference, PMI Global Summit, held in a different North American city each year, along with regional summit events on multiple continents, in-person training courses, and local events and monthly meetings organized by its chapters.

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. PMI has recruited volunteers to create industry standards, such as "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.

Certifications In 1984, PMI held its first Project Management Professional (PMP) certification exam. As of May 2020, over one million people held the PMP credential. During the 2000s, PMI expanded its certification services to include the Program Management Professional (PgMP) and Agile Certified Practitioner (PMI-ACP). PMI offers a range of certifications in project, program, portfolio, risk, business analysis, scheduling, construction project management, including the Certified Associate in Project Management (CAPM). 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. 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.

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

… excerpt ends here. Continue reading the full article.

Worked examples

Example 1 — a first encounter with Project Management Institute

Start with the simplest possible case. Write down what Project Management Institute claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Project Management Institute before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Project Management Institute ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Project Management Institute

In research
Project Management Institute appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Project Management Institute in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Project Management Institute is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1969 establishments in Pennsylvania, Bodies of knowledge, Business and finance professional associations, so understanding it makes those chapters shorter.
In everyday life
Look for Project Management Institute outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Project Management Institute in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Project Management Institute means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Project Management Institute out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Project Management Institute in simple terms?

The Project Management Institute (PMI, legally Project Management Institute, Inc.) is a not-for-profit professional organization established in 1969 in Pennsylvania, United States. It was founded with the aim to standardise project management practices internationally.

Why does Project Management Institute matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Project Management Institute?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Project Management Institute.

Tags

  • 1969 establishments in Pennsylvania
  • Bodies of knowledge
  • Business and finance professional associations
  • Organizations established in 1969
  • Project Management Institute

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