Answer:-
PMI stands for Project Management Institute, a global organization that sets standards and provides certifications for project managers, like PMP (Project Management Professional). It also stands for Purchasing Managers' Index, an economic indicator that measures manufacturing and service sector performance. The meaning depends on the context—if you're in business, PMI often refers to the index, while in project management, it's about the institute. PMI helps professionals improve skills, track industry trends, and apply best practices. Whether you're managing projects or analyzing economic health, understanding PMI is essential. Need more details on a specific type of PMI? Let me know!
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