Highlights
What is PMI ? PMI stands for the Project Management Institute, and is a not-forprofit professional membership association for project managers and program managers.
PMI was started in 1969, and now has a membership of more than 2.9 million professionals around the globe.
The Project Management Institute is the organization that gives out the PMP (Project Management Professional) credential, a globally recognized certificate that assures employers that a person is trained and qualified to manage projects.
PMI is also the organization that oversees the documentation of the Project Management Body of Knowledge (PMBOK)within the PMBOK Guide. What is a program? A program is a collection of projects that are managed as a group in order to achieve efficiencies of scale. Just as project management involves the coordination of individual tasks, program management is the coordination of related projects that are grouped together.
Projects are bundled together into a program when the benefits of managing the collection outweigh managing projects as individual units also where Client, technology, resources are the same.
According to Brian Miller in The Purpose of Project Management and Setting Objectives' at the International Institute for Learning Project Management has developed in order to plan, coordinate and control the complex and diverse activities of modern industrial and commercial projects. All projects share one common characteristic - the projection of ideas and activities into new endeavours.
The purpose of project management is to foresee or predict as many dangers and problems as possible; and to plan, organise and control activities so that the project is completed as successfully as possible in spite of all the risks. The ever-present element of risk and uncertainty means that events and tasks leading to completion can never be foretold with absolute accuracy. For some complex or advanced projects, even the possibility of successful completion might be of serious doubt.
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