Where is pmi located? PMI is located in left anterior chest wall, midclavicular line at the 5 th intercostal space.What is pmi project management? PMI® stands for the Project Management Institute. PMI® is a leading membership-based organization that provides tools, best practices, and networks for project managers and practitioners who need to successfully manage their projects, programs, and portfolios.What is a project pmi? PMI is the Project Management Institute, a not-for-profit professional association dedicated to “advancing the practice, science and profession of project management throughout the world”.