Sunday, January 6, 2013

PMI Membership: Economic Exception Program

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My PMI membership is coming up for renewal in February 2013. The good news is that I would be eligible for a lower PMI annual membership fees based on the Economic Exception Pilot Program.

PMI Membership: Economic Exception

What is this Economic Exception Pilot Program?
PMI is testing whether offering a lower membership fees would increase the retention rate of the PMI membership. The regular membership fee is US$129 whereas under the Economic Exception Program you need to pay only US$65. That's almost a 50% discount from the regular membership fees. The program is applicable only to existing PMI members from Brazil, India, Mexico and Nigeria. New members are not eligible for this discount. They still have to fork out the full fees.

What is the downside of this Economic Exception Program?
Economic exception membership rate of US$65 includes all rights and privileges provided through the PMI regular membership. The only difference is that your membership publications will be delivered electronically to your e-mail box rather than hard copy publications. If you prefer to receive hardcopy publications sent to you via postal mail, then you still have the option to retain your regular membership at the price of US$129.

A short flashback
I took the PMI membership when I was preparing for the PMP examination; simply for the fact that there was no  obvious advantage of taking the PMP exam as a non-member. Once I cleared the PMP exam, I was not actively using any benefits of the PMI membership. So, I did not renew my membership when it expired after the first year.

This is the period when I shifted from Singapore to India. And I was occupied with more important things like getting settled down in my new company, new job and new project; don't forget that I was away from India for about 15 years. The family also needed time to settle down in a new place & so on. So, you get the point that I had no intention to renew the PMI membership.

This is the period when I got an e-mail from PMI seeking an appointment to discuss & get the feedback about PMI. I agreed and an appointment was fixed for the survey through telephone.

The survery call lasted close to about an hour. I could sense that the survey was mainly to find out why I did not renew my membership. So, I told them the reasons why I took it & why I did not renew it. I also pointed out that it was easy to pay US$129 in Singapore. But, in India, it looked a big amount to spend (US$ has to be multiplied by 55 when it comes to INR). Probably they got similar comments from majority of members from India.

What do you think?
Ok, cut short. Back to the present. I am getting my membership renewed soon with the economic exception discount. What is your opinion on this program? Will you take this offer? Share your views in the comment box or at our facebook page.

5 comments:

  1. Sushrut KichambareApril 12, 2013 at 10:34 AM

    I already did that , it's better option to save some bucks and be in touch of the PMI world.

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    Replies
    1. Yes Sushrut Kichambare. Agree with you. Thanks for the comment.

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  2. This comment has been removed by the author.

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