Project Management Institute

Summarized Board Meeting Minutes Los Angeles, CA USA – October 2018

Presentations and discussions were conducted on the following topics:
Q3 Operational Report
50th Anniversary and Brand Refresh
Brightline Business Plan
Operating Plan and Budget
Work of the Board Task Team
Board Scorecard 2.0 Update
Bylaws Revisions re Secretary-Treasurer and Vice Chair Positions
Nominating Committee Composition and 2019 Nominating Committee Charter
990 US Tax Filing
Annual Strategic Assessment Summary Report
Leap Frog Progress Report
Transformation Update
Strategy Assurance and Relevance Survey Summary Report
Operating Model
Ethics System Modernization Task Team

The following Motions were approved:

The PMI Board of Directors, effective October 7, approves the tracked edits to Rule of the Board 7.0, Nomination/Elections of Officers as shown in Exhibit A Section 1.0.

The PMI Board of Directors, effective immediately, approves the tracked edits to Rule of the Board 6.4, PMI Board Committee Principles to include Board Task Team and Ad Hoc Working Group Principles as shown in Exhibit B Section 2.0.

The PMI Board of Directors affirms that the following standing committees will support the Institute:

  • Strategy Oversight Committee
  • Audit Committee
  • Compensation Committee
  • Executive Committee.

Pursuant to approved July 2018 Board resolutions and to the Plan in Section 3 of the attached Board Paper, the PMI Board of Directors, effective 1 January 2019, approves the revisions to Bylaws Article VII as related to the Secretary and Treasurer roles as marked on the attached Bylaws version 3.4, last revised 6 August 2018.

Pursuant to approved July 2018 Board resolutions and to the Plan in Section 3 of the attached Board Paper, the PMI Board of Directors, effective 1 January 2019, approves the revisions to Bylaws Article VII as related to the Vice Chair role as marked on the attached Bylaws version 3.4, last revised 6 August 2018.

Effective immediately, the PMI Board of Directors approves dissolving the Level 1 Reporting to the Board Policy and approves deleting Rule of the Board 8.0.4 e) and f) references to For Noting and For Information Reports and 8.0.4 h) reference to Level 1 Reporting to the Board Policy.

The PMI Board of Directors, effective immediately, approves removing the following clause from the Rules of the Board:

15.0.2 b) Board Leadership Continuity Principles (BLC). The BLC Principles are a set of guiding foundational principles to assure the uninterrupted attention to and preferably acceleration of the momentum on the organizational direction and priorities established by the Board. These principles are intended to sustain a strategic approach to PMI’s future and continued focus on its strategic direction; sustain attention to prudent fiduciary oversight; and sustain focus on institutional priorities and momentum during the continuing pace of fast and deep change projected for PMI, its stakeholders, and the profession served by PMI.

The PMI Board of Directors, effective immediately, approves the 2019 Nominating Committee Charter changing the composition to include a non-voting, paid Human Resources consultant.

The PMI Board of directors approves the 2019-20 Operations Plan and Budget.

The PMI Board of Directors recognizes the work and deliverable of the Ethics Systems Modernization Task Team and thanks its members for the work and results. Further resolved, according to the result of the Board discussion, the PMI Board of Directors accepts option 1 as laid out in the attached Board paper.

Effective immediately, the PMI Board of Directors approves the Consent Calendar for Approval with the following items:

  • July 2018 PMI Board Meeting Minutes
  • 2019 BVAC, CGC, GAC and ERC Support Committee charters.