In 1969, the Project Management Institute was formed in North America. PMI as it soon became known, had as its chief objectives:
- the advancement of project management
- the fostering of professionalism
- the enhancement of knowledge
- the creation of professional standards
- the achievement of public recognition for the field of Project Management.
Soon after PMI's formation, individual members created a demand for frequent opportunities to exchange knowledge and this led to the formation of Local Chapters of PMI. There are currently in excess of 140 Chapters in North America and 100 throughout the rest of the world.
Toronto was the first Chapter outside of the US and fifth to receive a Charter in 1975. Starting with about 20 members, the Chapter maintained a steady growth to about 600 members in the early '90s. Since the inception of the Project Management Professional certification and the computer age, Chapter membership has surged to over 5,700 members, making Toronto one of the largest in PMI worldwide.