PMI Standards & Importance of Project Management Software Alignment

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Overview

Project management software, like ARES PRISM, is used for planning and managing projects, from initiation to completion. As these software often include functionality for the management and oversight of scope, schedule, costs, quality, resources, and change on a project, it is important to align with industry authorities such as the Project Management Institute (PMI), a global nonprofit professional organization for project management. 

For companies that use earned value management (EVM), having a tool that complies with PMI standards means knowing their earned value results align with accepted practices.

Abstract

The Project Management Institute (PMI) is a global nonprofit professional organization for project management. It has more than 600,000 active members and credential holders in more than 185 countries worldwide. Part of PMI’s mission is to continuously develop globally-recognized professional project management standards. Project management software that aligns with these standards enables companies to help promote the adoption and compliance of the best available project management processes. ARES PRISM complies with and supports all major PMI project management standards.