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The PMI is committed to high standards of Governance. The Board is accountable to our members for good governance in its management of the affairs of the company.
PMI is supported in its activities by a number of committees. These committees comprise of members of PMI who give their time on a voluntary basis and the appropriate staff from the PMI.
Risk & Assurance Committee
Provides oversight to ensure that key risks are being identified and addressed and that the PMI adopts a sound approach to financial management and reporting.
Ensures that the PMI membership and commercial activity, strategic objectives are being delivered and remain relevant. Ratifies membership fees, subscriptions and other charges (including pricing of commercial activity). Develops membership regulations. Oversees all membership development activity, membership services provided and commercial activities.
Lifelong Learning Committee
Ensures that the PMI lifelong learning objectives are being delivered and remain appropriate. Oversees the effectiveness of the PMI Academy, PMI Awarding Body (PMIAB), continuous professional development (CPD) and of policies and links with learning institutions and professional bodies.
Policy & Public Affairs Committee
Ensures that the PMI public affairs strategic objectives are being delivered and remain appropriate. Decides public affairs and research and thought leadership approach including priority issues and areas for research and thought leadership activity. Authorises consultation responses, public statements and press releases. Oversees all public affairs, stakeholder engagement and media activity.
Ensures that the PMI regulatory strategic objectives are being delivered and remain appropriate. Develops codes and standards relating to professional conduct and competence and the disciplinary regulations. Makes appointments under the disciplinary regulations. Oversees the regulation of PMI members and the operation of the disciplinary and CPD schemes.
Awarding Body Committee (PMIAB)
Provide the PMI Board with assurance and independent judgement that the PMI remains compliant with the general conditions and principles of regulation as stipulated by the Office of the Qualifications and Examinations Regulator (Ofqual)* and to add value and guide the PMI in achieving its remit in line with PMI’s Strategy and Business Plan.
Oversees nomination matters on behalf of the Board and to make recommendations to the Board where appropriate. This includes arrangements for the nomination and appointment of Board and Committee members and their remuneration (where appropriate), as well as oversight and monitoring the PMI’s approach on diversity, equality and inclusion.
Oversees the remuneration matters on behalf of the Board and to make recommendations to the Board where appropriate. This includes oversight of the PMI’s overall remuneration framework.
Each year we publish our Annual Report highlighting key areas of our work and plans for the future. Download the full report below.