I always advise that my blog visitors join the PMI as soon as they decide to become a PMP.
In this blog post I am going to explain to you the many benefits of having a PMI Membership.
I became a member of PMI as soon as I was aware of its benefits, and at the same time, I also joined my local chapter—PMI Arabian Gulf Chapter, Kuwait.
I joined the PMI one year before passing the PMP exam, and during this one year, I enjoyed many benefits from the PMI membership.
Before I start discussing the benefits of a PMI membership, let’s have a quick look at the types of memberships offered by the PMI.
PMI offers three types of membership. These memberships are as follows:
- Individual Membership:This membership is for anyone who wants to join the PMI. The initial joining fee is 139 USD and then you have to pay 129 USD for a yearly renewal.
- Student Membership: This membership is for students. If you are a student, then you can join the PMI. The initial joining fee for you is 42 USD, and then you have to pay 32 USD for a yearly renewal.
- Retiree Membership: If you were a member of PMI for at least five consecutive years and have since retired, you can still be a member of PMI by paying a 65 USD renewal fee.
Benefits of PMI Membership
Some of the benefits of PMI Membership include:
Discount on the PMP Certification Exam Fee
This is the first benefit that helps you financially.
Once you become a PMI member, the PMP certification exam fee will be reduced to 405 USD from 555 USD. This is a straight savings of 150 USD. Note that you only paid 139 USD to become a PMI member, which means the cost of the discount exceeds the cost of joining the PMI.
Free Digital Copy of the PMBOK Guide
As a member of PMI, you can download the latest version of the PMBOK Guide free of charge. Along with the PMBOK Guide, you can also download many other important standards and frameworks for free; e.g. The Standard for Program Management, Practice Standard for Scheduling, Practice Standard for Project Risk Management, etc.
The cost of the PMBOK Guide on Amazon is around 37 USD, and is therefore a savings of 37 USD.
Online Books (Books 24X7)
This is one of the most important benefits of a PMI Membership that is not utilized by many members simply because they are not aware of it. PMI has a vast collection of online books relevant to project management. If you are preparing for the PMP certification, you can go to Books 24X7 under the eReads & Reference section to read those books. This facility is completely free for all PMI members. Here you can find some very good books for the PMP exam preparation, for example, an old version of Kim Heldman’s PMP exam preparation book.
Due to lack of usage, PMI has closed this facility.
Access to Various Research Papers
As an honored member of PMI, you have free access to many PMI published research papers, and the paid papers are available at discounted rates to you.
At PMI Marketplace, you will find many project management related books and all PMI standards (hard copy) at discounted prices.
Career Central & Headquarters
Under Career Central & Career Headquarters, PMI has a huge collection of resources to help your career growth. Guidance is available from building your resume to acquiring new skills and keeping you updated about the latest trends. You can also submit your resume and search for jobs.
PM Network and PMI Today
Since you are a PMI member, you are entitled to receive free monthly copies of PM Network and PMI Today Magazines published by the PMI, either delivered to your doorstep or in your email inbox free of charge.
These magazines provide you with the latest updates in the project management world and inside the PMI and its local chapters. Here you can find interviews, in-depth articles, and many case studies which will help you increase your knowledge.
Project Management Journal
You’re also entitled to get a copy of the Project Management Journal, which is a research journal that advances the understanding of project, program, and portfolio management, published five times per year.
Local PMI Chapter Meetings
Once you have a PMI membership, you will be given an opportunity to join your local PMI chapter at a nominal cost. After you join your local chapter, you will get an invitation for every local chapter meeting at discounted prices, or sometimes free. (Please note that you must join your local chapter by paying a nominal membership fee to receive this benefit.)
Networking is a very important benefit of a PMI membership. Once you join the PMI, you will have opportunities to connect with professionals through Communities of Practice or in PMI chapter meetings. You can learn a great deal by connection with professionals.
For example, if you are preparing for the PMP certification exam you can ask them for their lessons learned, or if you are looking for a job, personnel connections can help you to find one.
The PMI has a vast collection of free webinars, and by watching these webinars you can earn unlimited numbers of free Category-A PDUs. Moreover, you also don’t need to report them to the PMI yourself; once you complete watching the webinar it will automatically be reported to the PMI.
On their website, they have categorized PDUs for PMP, PMI-RMP, and PMI-SP, etc. This makes your life easier if you hold more than one PMI certification and want to complete the CCR cycle for all of them.
There are many benefits of a PMI membership, and I hope that these are enough to motivate you to join the PMI. To realize the benefits of PMI you have to be involved with them. Join the Communities of Practice and participate in their local chapter meetings. There you will get a chance to interact with many PMPs. You can ask them about their lessons learned about the PMP exam and they will help you. Moreover, communication and networking will also help you in your career growth.
Here is where this blog post on benefits of PMI membership ends. If you have something to share, you can do so through the comments section.