Are PMI® memberships worth the investment? What are their benefits?

You might want to join PMI® but aren’t sure if there are any benefits to doing so. You may believe that the membership price is only an extra expense. The benefits of a PMI® membership are huge for both certified and non-certified professionals. This article focuses on the pros of having a PMI® membership and how it helps an individual in the long run.

What is the PMI®?

The Project Management Institute is the world’s largest non-profit professional membership organization dedicated to project, program, and portfolio management. Through worldwide advocacy, cooperation, education, and research, PMI® provides value to almost 3 million professionals working in virtually every country across the world. Through its globally recognized certifications, standards, resources,  academic research, tools, publications, professional development courses, and networking opportunities, PMI® develops careers, enhances corporate effectiveness, and further matures the profession of project management.

Why should one take a PMI® membership?

You should join PMI® because it may save you a lot of money and provide you with experiences that count in the professional world. Furthermore, becoming a member of PMI® allows you to advance your learning by giving you access to a wealth of learning material that is either free or at a reduced price.

There are three types of membership facilities available:

Student Membership: If you are a student, this membership allows you to join the PMI®. You must pay 42 USD as a one-time membership fee, followed by 32 USD annually.

Retiree Membership: If you were a PMI® member for at least five years and have since retired, you may still renew your membership for a charge of 65 USD.

Group membership: organizations or universities with a group of 15 or more persons interested in joining PMI® are eligible for group membership. If you are a member of such a group, you may contact PMI® directly for a reduced membership cost.

Benefits of Having a PMI® Membership

Irrespective of the membership type you choose, here are the benefits that you will receive on a regular basis:

Conclusion

Additional membership features include access to a variety of peer-written publications, on-demand webinars, and volunteer activities, which will help you earn Professional Development Units (PDUs) to retain your PMI® certifications, among other things. All of PMI®’s standards, tools, and templates are free to use. Members can download free digital copies of PMI®’s standards, such as the Project Management Body of Knowledge, Fifth Edition (retail cost north of $60) Regular PMI® publications such as PM Network, PMI® Today, and the Project Management Journal are also available to members. Overall, we conclude that a PMI® membership will reap rewards for you in the long run.

 

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