Project Management Institute
The Project Management Institute is situated in the USA and is a not for profit organization for project management. It was established in 1969 by James Snyder, Gordon Davis, Eric Jenett, E.A. "Ned" Engman and Susan C. Gallagher. The company was founded in Pennsylvania. It started off in 1960's to be used in aerospace, defense industries, and construction.
Projects Management Institute’s first credential was PMP, which has also become its standard certification along with PRINCE 2 certification in project management.
Standard of Development
To develop a specific standard of PMI, they charter a committee which includes a chairman, vice chairman and a number of volunteers and assigns a Project Management Institute staff member to serve as a resource.
The board holds a convention, over a period of several months and they draft and filter their standards.
The Project Management Institute’s MAG and subject matter experts reconsider the draft and give it back to the committee, for modification.
PMI’s revised exposure version is available, for public commentary, which the committee considers and then, it is revised again.
The over and done with the standard is sent for sanction. From the project management institute’s consent body, a group of volunteers authenticates the development process of each PMI standard.
On approval by the PMI standards executive, the new standard is permitted by the project management institute’s president and CEO.
PMI provides certifications that best suits your needs.
Program management professional (PgMP)
This certification is designed for those who manage numerous, multifaceted projects to achieve planned and organizational results. This certificate requires a secondary degree, 6000 hours of project managing experience. 10,500 hours of program management is required.
Project management professional (PMP)
This certification is a gold standard certificate which is renowned and demanded by organizations worldwide for the role of the project manager. This certificate requires a secondary degree and 7500 hours leading & directing projects. Also, 35 hours of intensive project management learning is required.
Portfolio Management Professional (PfMP)
Portfolio management certification requires advanced experience and skills of portfolio managers. PfMP demonstrates a person's established capability in the coordinated management of one or more portfolios to attain organizational goals.
To attain this certificate, the aspirant must have at least 8 years of professional business practice with a secondary degree and 10,500 hours of portfolio managerial experience.
Professional in business analysis
This certification highlights your proficiency in business analysis and your capability to work effectively with stakeholders to classify their business requirements. Shape the output of projects and force successful business outcomes. Requirements for this certificate are a secondary degree, 7,500 hours of business study plus 2,000 hours of functioning on project teams and 35 contact hours of knowledge in business analysis.
Agile certified practitioner
This certification is for those who think and apply agile principle and practices on projects. The essentials for the certificate include 2000 hours of project experience work on teams, or 1500 hours working on lithe project teams or methodologies.
Certified associate in project management (CAPM)
This certification demonstrates your understanding of basic knowledge, processes, and terminology of effective project management. The secondary degree is necessary for CAPM certification, and 1,500 hours of project experience.
Risk management professional
This certification recognizes demonstrated knowledge and expertise in assessing and identifying project risks to tackle risks. In order to get it, a person requires a secondary degree, 4500 hours of project risk management and 40 hours of project risk management education.
Scheduling professional certification recognizes demonstrated understanding and superior experience in areas of maintaining project schedules.
You will require a secondary degree. Along with that, 5000 hours of project development experience as well as 40 hours of project scheduling education.
PMI has many career opportunities, and it gives exposure of all types to its employees. To know more about career opportunities with PMI visit their official website and choose the one that suits you best.