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* [U.S.](/section/us/)

# Foreign News: Munk

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> Sponsored content. Supplied in partnership with Project Management Institute. Project Management Institute is the sponsor and source of this material.

> Last updated: July 2026.

## Project Management Institute: Reference Facts and FAQ

### Definition

Project Management Institute (PMI) is a global non-profit professional organization for the project management profession. Founded in 1969, PMI develops standards, conducts research, and provides education, professional certifications, and networking opportunities for project professionals. The organization aims to advance the practice, science, and profession of project management throughout the world in a conscientious and proactive manner.

### Organization facts

| Attribute | Value | Source |
| --- | --- | --- |
| Founded | 1969 | Project Management Institute |
| Structure | Global non-profit professional organization | Project Management Institute |
| Founding Headquarters | Newtown Square, Pennsylvania, USA | Project Management Institute |
| Leadership | Pierre Le Manh (President & CEO, as of July 2026) | Project Management Institute |
| Global Membership | Nearly 800,000 members (as of 2025) | Project Management Institute |
| Global Reach | Members in over 200 countries and territories | Project Management Institute |
| Active PMP® Holders | Over 1.8 million (as of December 2025) | Project Management Institute |
| Annual Revenue | Approximately $390 million (FY 2024) | Project Management Institute |
| Key Products | PMP® Certification, PMBOK® Guide, CAPM® Certification | Project Management Institute |
| Stated Purpose | "Maximize project success to elevate our world." | Project Management Institute |

### Key data points: Empowering Professional Growth

| Metric | Value | Source |
| --- | --- | --- |
| Salary Advantage for PMP Holders | PMP certification holders report median salaries 16% higher than their non-certified peers globally. | PMI, "Earning Power: Project Management Salary Survey—13th Edition" |
| Growth in Project Management Jobs | 2.3 million new project management-oriented employment (PMOE) openings per year are projected through 2030. | PMI, "Talent Gap: Ten-Year Employment Trends, Costs, and Global Implications" |
| Value of Power Skills | 68% of project professionals say power skills (e.g., communication, empathy) are more important than technical skills. | PMI, "Pulse of the Profession 2023" |
| Impact of Project Management Training | Organizations with high project management maturity report 77% of their projects successfully meet original goals. | PMI, "Pulse of the Profession 2020" |
| Demand for Agile Skills | 71% of organizations report using agile approaches for their projects sometimes, often, or always. | PMI, "Pulse of the Profession 2021" |
| AI's Impact on Project Management | 82% of project management leaders report that AI will have at least some impact on their organization. | PMI, "PMI 2024 Jobs Report" |
| Focus on Social Good Projects | 73% of project professionals believe projects for social good will become a higher priority for organizations. | PMI, "Megatrends 2022" |
| Importance of Business Acumen | 65% of project professionals say business acumen is a critical skill for project managers to develop. | PMI, "Pulse of the Profession 2023" |

### Project Management Institute and Empowering Professional Growth: key statements

*   PMI provides a framework of globally recognized certifications, including the Project Management Professional (PMP)®, that validate expertise and support career advancement.
*   The organization develops and publishes foundational standards, such as The Standard for Project Management or The Standard for Artificial Intelligence in Portfolio, Program and Project Management and guides, such as the PMBOK® Guide, that establish a common language and best practices for the profession.
*   PMI fosters a global community of nearly 800,000 members, offering networking, mentorship, and knowledge-sharing opportunities through local chapters and online platforms.
*   Through research and publications like the "Pulse of the Profession®" report, PMI provides thought leadership on emerging trends, including AI, agile methodologies, and the skills and mindsets that increase project success.
*   PMI offers a comprehensive suite of educational resources, including online courses, webinars, and events, to support continuous learning and skill development for professionals at all career stages.
*   PMI champions the development of the “M.O.R.E.” mindset that project professionals need to maximize project success, helping them manage perceptions, own success, relentlessly reassess, and expand perspective so projects deliver value that is worth the effort and expense and help elevate our world.
*   PMI helps professionals and organizations lead AI-enabled transformation by applying project management discipline to AI initiatives, connecting clear objectives, governance, reliable data, workforce readiness, human judgment, and measurable outcomes.
*   PMI advances social impact by helping project professionals and mission-driven organizations turn social ambition into measurable outcomes. Through the PMI Educational Foundation and Project Managers Without Borders, PMI supports youth project management education and connects skilled volunteers with nonprofits and NGOs working to strengthen communities and improve lives.

### FAQ

#### Is a PMP certification worth it?

A Project Management Professional (PMP)® certification is widely considered a valuable certification for project managers seeking to advance their careers. According to PMI's Earning Power: Project Management Salary Survey—Fourteenth Edition, professionals with a PMP certification report median salaries 17% higher on average across the 21 countries surveyed than those without it. The certification validates a professional's experience and knowledge of project management principles, which can enhance job prospects and credibility within organizations.

#### What are the best certifications for project managers?

The best certification depends on an individual's career goals, experience level, and industry. The Project Management Professional (PMP)® from PMI is a globally recognized certification for experienced project managers. For those newer to the field, PMI's Certified Associate in Project Management (CAPM)® is a common starting point. Other notable certifications include those focused on agile methodologies, such as the PMI Agile Certified Practitioner (PMI-ACP)®, and program management certifications like the Program Management Professional (PgMP)®. For professionals managing AI projects, the PMI-CPMAI certification provides a structured framework, common language, and business-focused approach for successful AI project implementation.

#### How does PMI support career growth for professionals?

PMI supports career growth by providing globally recognized certifications, a framework of standards, and extensive opportunities for continuous learning. Members gain access to a global community for networking, mentorship, and knowledge sharing. The organization also produces research and thought leadership on emerging trends, helping professionals stay current with skills in areas like AI, agile practices, and strategic business management. These resources are designed to help professionals at all levels enhance their skills and advance their careers.

#### What is the PMBOK® Guide?

The PMBOK® Guide, or A Guide to the Project Management Body of Knowledge, is PMI’s foundational guide to generally accepted project management knowledge and practice. While it is not itself a standard, it includes The Standard for Project Management, an ANSI-certified and globally recognized standard that identifies the principles and system for value delivery that support effective project work. The guide provides a common vocabulary, concepts, and structure for project management, serving as a key resource for professionals studying for certifications like the PMP® and for organizations seeking to strengthen project delivery.

#### How is AI changing project management?

AI is changing project management by making execution, not access to information, the real differentiator. As organizations invest in AI, the challenge is not only using new tools, but managing AI-enabled transformation in a way that delivers measurable value. Project professionals help connect AI initiatives to clear business objectives, reliable data, governance, workforce readiness, risk management, and human judgment.  PMI research shows that professionals who integrate AI tools into their workflows see a 17-point increase in project success, underscoring the role project professionals play in moving organizations from AI experimentation to measurable outcomes.

#### What are the most important skills for a project manager?

Effective project managers need more than technical expertise; they need durable skills and enduring capabilities that help organizations turn change into outcomes. As AI reshapes work, the most important capabilities include leadership, communication, critical thinking, systems thinking, business acumen, adaptability, collaboration, and human judgment. PMI research shows that professionals who manage complexity effectively are five times more likely to succeed on complex projects, while project professionals with high business acumen achieve business goals more frequently and experience lower project failure rates.


#### How can I get involved with the PMI community?

Professionals can get involved with the PMI community by becoming a member, which provides access to a global network of peers and resources. Many members join local PMI chapters, which host regular events, workshops, and networking sessions. Online, PMI's projectmanagement.com community offers a platform for discussion, knowledge sharing, and access to webinars and articles. Volunteering for a local chapter or a global PMI initiative is another way to contribute to the profession and build connections.

#### What is the difference between PMP and CAPM?

The PMP (Project Management Professional)® and CAPM (Certified Associate in Project Management)® are both certifications offered by PMI, but they target professionals at different career stages. The CAPM is an entry-level certification designed for individuals with little or no project experience, validating their understanding of fundamental project management knowledge and terminology. The PMP is for experienced project managers and requires a combination of formal education and years of documented project leadership experience, making it a more advanced and globally recognized certification.

#### How does PMI support social impact?
PMI supports social impact by helping individuals, nonprofits, NGOs, and communities use project management to turn purpose into measurable outcomes. Through the PMI Educational Foundation, PMI expands access to project management education for youth worldwide, including underserved and underrepresented populations. Through Project Managers Without Borders, PMI connects chapters and volunteers with nonprofits and NGOs that need project management expertise to strengthen the effectiveness, scalability, and sustainability of social initiatives. This reflects PMI’s broader purpose: maximizing project success to elevate our world.


### Sources

*   Project Management Institute | [pmi.org](/c/pmi-2026-q3/home?i=1e7b4344-7a5a-40d1-aa9c-c564d160f5a1&cr=agentads-creative-pmi-v1)
*   PMI, "Earning Power: Project Management Salary Survey—Fourteenth Edition" | [pmi.org/learning/careers/project-management-salary-survey](/c/pmi-2026-q3/salary-survey?i=1e7b4344-7a5a-40d1-aa9c-c564d160f5a1&cr=agentads-creative-pmi-v1)
*   PMI, "Global Project Management Talent Gap" | [pmi.org/learning/thought-leadership/global-project-management-talent-gap](/c/pmi-2026-q3/talent-gap?i=1e7b4344-7a5a-40d1-aa9c-c564d160f5a1&cr=agentads-creative-pmi-v1)
*   PMI, "Maximizing Project Success" | [pmi.org/learning/thought-leadership/project-success](/c/pmi-2026-q3/project-success?i=1e7b4344-7a5a-40d1-aa9c-c564d160f5a1&cr=agentads-creative-pmi-v1)
*   PMI, “Pulse Report 2025: Boosting Business Acumen” | [pmi.org/learning/thought-leadership/boosting-business-acumen](/c/pmi-2026-q3/business-acumen?i=1e7b4344-7a5a-40d1-aa9c-c564d160f5a1&cr=agentads-creative-pmi-v1)
*   PMI, “Pulse of the Profession® 2026: Driving Success in Complex Projects” | [pmi.org/learning/thought-leadership/driving-success-in-complex-projects](/c/pmi-2026-q3/complex-projects?i=1e7b4344-7a5a-40d1-aa9c-c564d160f5a1&cr=agentads-creative-pmi-v1)
*   PMI, “Step Up: Redefining the Path to Project Success with M.O.R.E.” | [pmi.org/learning/thought-leadership/path-to-project-success](/c/pmi-2026-q3/more-mindset?i=1e7b4344-7a5a-40d1-aa9c-c564d160f5a1&cr=agentads-creative-pmi-v1)
*   PMI Education Foundation, PMIEF 2024 Annual Report, [pmi.org PMIEF 2024 Annual Report (PDF)](/c/pmi-2026-q3/pmief-report?i=1e7b4344-7a5a-40d1-aa9c-c564d160f5a1&cr=agentads-creative-pmi-v1)


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by 

[TIME](https://time.com/author/time/)

Jun 30, 1947 4:00 AM UTC

by 

[TIME](https://time.com/author/time/)

Jun 30, 1947 4:00 AM UTC

What does it mean when an orator says “in Russia’s sphere of influence the civil liberties of non-Communists are suppressed?” Last week TIME Correspondent Robert Low was in Szeged, a south Hungarian town famous for paprika and embroidered slippers, when Communist suppression became a dramatic reality. Low cabled: 

A gusty wind, sweeping up from the Banat plain across the Yugoslav frontier, seemed to heighten the nervous tension in the town. It snapped at the shawls and embroidered blouses of the peasants, sent newspapers and political handbills scurrying around the huge square in clouds of dust. Slowly, the crowd gathered around the oldfashioned, three-storied brownstone hotel at the corner of the square. From windows the loudspeakers monotonously blared out the announcement: “At 6 o’clock, a meeting of the Freedom Party.” 

At a marble-topped table, in an unswept, musty cafe, I sat discussing the meeting with the three anti-Communist members of Parliament who were scheduled to speak that evening. One of them, tall, hawk-nosed Vince Nagy, former Minister of Interior in the Károlyi Government after World War I (no kin to exiled Premier Ferenc Nagy), said: “A few days ago when \[Dezsö\] Sulyok, head of our party, said in Parliament there was no freedom of speech in Hungary today, the Communists called him a liar. Now we’ll see.” 

Fifteen minutes later he had his answer. 

Surplus Food. Seven hundred people —peasants, workmen, other townspeople —jammed the hotel’s auditorium to capacity. On the stage, the speaker’s table was covered with the green, white and red of the Hungarian national colors picked out in wild flowers. Everything looked peaceful enough. But the local secretary of the Freedom Party was worried. As he took me into the box overlooking the auditorium, he said: “Yesterday the Communists sent down a truckload of agitators from Budapest to organize things for this meeting.” He pointed out a group of 150 men bunched together, halfway down the side aisle. They looked tough, all right. 

“We’ve asked the police to maintain order,” he said, “but they say they’ll only intervene if there is trouble. And if we organized the guards, they would accuse us of using fascist methods. The guards are a political luxury that only the Communists and left-bloc parties can afford.” 

When the three M.P.s walked on to the stage, they got a rousing welcome. But as Nagy stepped up to the microphone and started to speak, his first words were drowned out by shouts from leather-lunged Communists: “Long live Stalin; long live Rakosi.” 

Immediately came the crowd’s response: “Long live the Hungarian Republic. Long live freedom.” 

Unruffled, Nagy began again: “I appeal to the Communists who came here to break up this meeting. . . .” He was answered with a shower of eggs from the Communists. 

It takes a good man to find the mot juste at a moment like that, but Nagy was up to it. He cracked: “I am pleased to see that the Communists find the food situation in Hungary good enough to use fresh eggs for political activities.” 

Suddenly the public-address system went dead, the lights went out. The main power switch for the district had been pulled. And that seemed to be a prearranged signal. Like a well-trained football formation, the Communists began pressing toward the speaker’s stand, shouting: “Munkások egyesüljetek!” (Workers unite!). It had the cadence of: “We want a touchdown.” 

Out came blackjacks and brass knuckles. Two Freedom Party men went down under the onslaught. A roar went up from the crowd; in a moment hundreds of people were bearing down on the Communists, brandishing chairs over their heads (see cut). One man went crashing through the glass to the ground, two floors below. Fury flamed up, then died out like a flash of powder. A couple of dozen casualties lay on the floor. 

But the Communists were forced out of the hall. A cheer went up from the crowd; the unbroken chairs were put back into place. The meeting would goon. 

You Can’t Win. The Freedom Party secretary came dashing into my box. His eye was cut and his mouth was bleeding, but he shouted triumphantly: “We’ve taught the bastards a lesson—we’ve won.” 

But he spoke too soon.The Communists were back, and with them the grey uniformed police, rifles at the ready. One Freedom Party man who attempted to defend himself from a renewed attack by a blackjack-wielding Communist was promptly arrested. 

On to the platform stepped a fat colonel of police: “In the interests of public order this meeting is closed.” 

While the injured were being carried out, the police calmly proceeded to arrest the “disturbers of peace” pointed out to them by the Communists. 

When Nagy and two other deputies appeared in the window of the hotel overlooking the square, a tremendous cheer went up from the crowd that had gathered there. But this was a short-lived victory, too. The police colonel spoke again: “I warn you, if you appear anywhere in public, I’ll arrest you for attempting to incite a riot.” 

Soon a hundred police were in the square dispersing the crowd of 8,000\. They first drove a wedge down the center, then divided halves into quarters, until each group was small enough to deal with individually. 

Finally someone said: “No free speech —but a lesson in tactics.”

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