Project Management Institute

“Member rights are defined as the opportunity to vote on institute matters and to hold elected or appointed office, as defined in the bylaws. Privileges are defined as those tangible and intangible benefits, products, and services offered with membership in the institute. The pmi board of directors shall establish the privileges associated with membership.”

“The institute maintains the following classes and qualifications of membership, each class with the rights hereinafter provided: 1. Member - regular. Any person who is interested in, or engaged in, the practice, teaching, or other application of project management, including research concerning project management, may qualify as a regular member of the institute. Regular member shall have voting rights and may hold any elected or appointed office in the institute. 2. Member - retiree. Any person who has been a pmi member in good standing for five (5) consecutive years, and who has retired from active employment, qualifies for pmi retiree membership. Retiree members shall have all rights of the regular member class. 3. Member - student. Any person currently registered in a degree granting program at an accredited, or globally equivalent, college/university, may qualify for pmi student membership. Student member shall not be entitled to exercise any voting rights and shall not hold any elected office in the institute, except that student members may hold office and vote within a pmi component, as may be granted in the bylaws of the components. 4. Member - associate. Any person who joins the institute to access limited privileges pursuant to policies duly adopted by the pmi board of directors. Associate members shall not be entitled to exercise any voting rights, and shall not be a candidate for, nor hold and elected or appointed office in the institute.”

“Governance decisions of the organization are reserved to or subject to the approval of membership. Under the organizations bylaws, certain changes to the bylaws require membership approval.”

“A draft of form 990 is prepared by pmis external tax consultants. After review by pmis tax staff, the draft is reviewed by pmis finance and legal staff. The following draft is presented for review to pmis president and chief executive office and then to the boards audit committee. The final draft of the form 990 is then presented to the full board. The form 990 was distributed electronically to the board of directors for the review prior to filing. The process includes the opportunity for members of the body of the board of directors to submit questions/comments electronically.”

“The pmi code of ethics and professional conduct requires that individuals abide by the bylaws, policies, rules, requirements, and procedures of pmi, and will not knowingly engage or assist in activities that compromise the integrity, reputation, property, and/or legal rights of the institute. Conflict of interest disclosure: individuals accountable under the conflict of interest policy must identify those situations where they have a conflict of interest or where a reasonable person might conclude that they had a conflict of interest in the activity in which they are participating or about to participate. Such disclosure should be made immediately to that staff members superior or the group leader in the case of volunteers. Pmi conflict of interest questionnaire. All volunteers participating in a pmi volunteer group and all key employees must fill out the questionnaire annually. This is to ensure that no conflicts of interests that have arisen after the person initial involvement are disclosed. Disclosure review: the conflict of interest questionnaire, to be completed by the individual participating on a pmi volunteer group, will be reviewed by the responsible group leader for his/her knowledge and understanding and then forwarded to the pmi staff member who is responsible for the volunteer group or in the case of a board sponsored group, the pmi general counsel. The pmi general counsel will review the conflict of interest questionnaire of all pmi board members and members of chartered committees and bring conflicts of interest and possible conflicts of interest to the attention of the pmi chair and the chief executive officer for resolution. The pmi general counsel will review the conflict of interest questionnaires of all key employees and bring conflicts of interest and possible conflicts of interest to the attention of the pmi chief executive officer for resolution. The chief executive officer will review the questionnaire of the general counsel. Possible remedies: remedial actions for disclosed conflicts or possible conflicts of interest may include but are not limited to: - recusal from any decision developed by the group - recusal from the part of the process where a conflict exists, such as not reviewing a competitors award submittal - replacement on the group - participation as a subject matter expert but not in discussions or deliberations policy usage: care must be used to avoid overuse and misuse of this policy. The institute requires integrity to function properly but over-use of the requirement to complete the conflict of interest questionnaire may discourage participation by otherwise qualified volunteers and result in volunteers perceiving they are being harassed. Forms: all individual pmi members, volunteers participating in pmi volunteer group will complete and sign the pmi conflict of interest questionnaire, the board of directors, chief executive officer, and vice presidents (for programs they are responsible for), other group leaders of pmi volunteers groups are authorized to use the attached form and the groups they sponsor. It is anticipated that the standard form attached will apply in most cases, however, if a leader believes that modification would serve the interests of pmi to make their group more productive the form may be tailored with the explicit concurrence of the pmi general counsel or the designated representative from the pmi legal department. Record management: the pmi operating department which sponsors, supports, or manages a pmi volunteer group, after completing their review of the submitted questionnaires, will forward the questionnaires to the pmi legal department for retention in accordance with pmis record management policy. The legal department will retain the questionnaires during the life of the group and the questionnaires will be archived when the group is disbanded. Violations: apparent violations of this policy, including but not limited to the failure to make adequate and ful”

“Pmi utilizes broad pay ranges that encourage growth and development within positions over time. Broad bands are reviewed annually with market information and may be adjusted if warranted within the financial condition of the organization and to sustain competitiveness. Applicable market data is used in the determination of base salaries, with attention to market sensitive technical competencies and pmi as a whole. Compensation review is part of the organization practice to regularly assess compensation programs and systems. Pmi engages the assistance of external consulting resources to conduct assessments of compensation. Comprehensive studies have been undertaken every two to three years with annual review of base salary and total cash compensation for select positions. The ceo actively reviews compensation philosophy, assesses salary data on an annual basis, and has conducted comprehensive studies of compensation every two to three years. The assessments include direct and indirect compensation, as well as market-based comparisons to comparable professional societies and organizations, broad non-profit industry data and other survey information aligned with the nature of the positions, similar size, scope operations, international activities and/or similar member programs are included along the geographic information related to the market in which the organization competes for talent.”

“The governing documents, conflicts of interest policy and audited financial statements are available to the general public for the same period of disclosure as set forth in section 6104(d). The governing documents and conflict of interest policy are posted on the website (www.pmi.org) and copies will be provided on request. The audited financial statements will be provided on request but are also included in pmis annual report that is posted on the pmi.org website.”

“Through global advocacy, collaboration, education and research, pmi works to prepare more than three million project management professionals around the world for the project economy: the coming economy in which people have the skills and capabilities they need to turn ideas into reality. It is where organizations deliver value to stakeholders through successful completion of projects, delivery of products, and alignment to value streams. And all of these initiatives deliver financial and societal value.”

“9,864 dedicated volunteers support pmi globally through their activities as chapter leaders, as board member or on board support committees, on member advisory groups, through contribution to exam question development and the development of professional standards that shape the future of the profession, by writing and publishing white papers and reviewing project management manuals, books and periodicals, or other important work. Pmi utilizes its volunteer relations management system (vrms) as a resource for its members to search for volunteer opportunities throughout the world and uses this system to track volunteer activities and statistics, including the number of active volunteers.”

“Adoption of asu 2014-09 (7,025,806) other adjustments (8,039,426)”

“Description:consulting total fees:63849600”

“Description:contract labor total fees:6226125”

“Description:regional service center total fees:2954768”

“Description:temp staff total fees:3147460”

“Description:employee search fees total fees:1646020”

“Description:editorial services total fees:1521607”

“Description:translation services total fees:411442”