The benefits of a PMI membership are enormous and that is why I always recommend PMP aspirants to get a PMI membership. It offers immense benefits that you will understand once you join.
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 benefited and enjoyed it immensely.
Before we start discussing the benefits of a PMI membership, let’s have a quick look at the types of PMI membership.
PMI offers four types of membership. These memberships are as follows:
- Individual Membership
- Student Membership
- Retiree Membership
- Group Membership
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 yearly.
Student Membership: If you are a student, then you can join the PMI using this membership. The first time joining fee for you is 42 USD, and then you have to pay 32 USD yearly.
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.
Group Membership: This membership is open to organizations or universities that have a group of 15 or more people interested in joining PMI. If you are part of such a group, you can directly contact PMI to get the discounted membership fee.
Benefits of a PMI Membership
You can realize the benefits of a PMI membership while preparing for the PMP exam as well as when you become a PMP.
A few benefits of a PMI membership include:
Discount on the PMP Certification Exam Fee
This first benefit is that it helps you financially if you are going to apply for the PMP certification exam.
Once you become a PMI member, the PMP certification exam fee will be reduced from 555 USD to 405 USD. This is an immediate saving of 150 USD. Note that you only paid 139 USD to become a member, which means that the discount exceeds the cost of joining the PMI.
You will save 11 USD.
Free Digital Copy of the PMBOK Guide
If you are applying for the PMP certification, you will have to study the PMBOK Guide, as the PMP exam is based on the PMBOK Guide and PMP Exam Content Outline.
As a member of PMI, you can download the latest version of the book, free of charge. The cost of a PMBOK Guide on Amazon is around 36.50 USD, for the Kindle.
Therefore, you are saving 36.50 USD.
You can also download many other relevant standards and frameworks for free, e.g., the Standard for Program Management, Practice Standard for Scheduling, Practice Standard for Project Risk Management, and many others.
PMP Specific Interest Groups (SIGs)
This is another benefit of the PMI membership if you are preparing for the certification exam.
You can join PMI Specific Interest Groups (SIGs) according to your requirements and interests. There are many SIGs focused on PMP exam preparation.
You can join and get benefits for your PMP exam preparation.
Access to Various Research Papers
Project professionals, academics, and techies from all around the world publish their papers on various topics on project management through PMI.
As an honored member of PMI, you have free access to many of these published research papers. Additionally, the paid papers are available at a discounted price.
Many project management related books (paperbacks) are available on the PMI marketplace.
You can buy all of them using your PMI membership account at a discounted rate. You can also subscribe to many online self-learning courses at a discounted price.
Career Central & Headquarters
PMI has a vast collection of resources under Career Central & Career Headquarters 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
You are entitled to receive free monthly copies of the PM Network and PMI Today Magazines published by the PMI, since you are a PMI member. You can have them either delivered to your doorstep or in your email free of charge.
These magazines provide you with the latest updates in the project management world and within the PMI and its local chapters. Here you can find interviews, in-depth articles, and 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 advances the understanding of the project, program, and portfolio management, and is published five times per year.
Local PMI Chapter Meetings
Once you acquire the PMI membership, you will be granted an opportunity to join your local PMI chapter at a nominal cost. After you join your local chapter, you will get an invitation to every local chapter meeting at a discount or sometimes for free. You can meet project professionals here and expand your network.
To receive this benefit, you must join your local chapter by paying a nominal membership fee. This is usually 20 USD.
Networking is a significant benefit of a PMI membership; you will have opportunities to connect with professionals through Communities of Practice or in PMI chapter meetings once. You can learn a great deal by connecting 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, personal connections can help you find one.
The PMI has a vast collection of free webinars, and you can earn unlimited numbers of PDUs by watching these webinars.
Anyone with an active PMI membership can log in to project management.com and watch the webinars and learn about the latest advancements.
However, if you are a PMP, you can watch these webinars and earn PDUs at the same time. These PDUs will be automatically reported to PMI, and with them, you can renew your PMP credential for a further three years for free.
They have categorized PDUs for PMP, PMI-RMP, and PMI-SP, etc. on their website. This makes it easier for you to earn PDUs for all your PMI credentials.
Templates, Tools, and Checklists
You can download many templates, tools, and checklists from the PMI website and use them for your projects.
This will save you time and make your processes on par with the global standards.
It does not matter whether you are a PMP or not, a PMI membership will always be beneficial for you. It is good value for the money. There are many benefits of a PMI membership, and I hope this has motivated you to join the PMI.
To realize the benefits of a PMI membership, you have to be involved. Join the Communities of Practice and SIGs and participate in local chapter meetings. There you will get a chance to interact with many PMPs. You can ask them about their lessons learned from when they took the PMP exam. Communication and networking will also help you in your career growth.
Are you a PMI member? Please share how you are benefiting from your PMI membership in the comments section.