Yes. With the new security features in the PMBOK Guide, PMI has made it legal to print the PDF Version of the Guide, as long as the PDF file is licensed under your name. Note: All PMI Members get free access to the electronic version (PDF) of the latest edition of PMBOK Guide.
I quote the following Q&A from PMBOK Guide Fifth Edition FAQs:
Can I print the PDF?
Yes, you can print the PMBOK® Guide - Fifth Edition file you have downloaded. When you print the file, it is marked with your username and member ID, and it is secured with your PMI.org password. This means the file is licensed to you for your personal use only. If you print the file, it will be identified with a notice that says, "Licensed to (First name, last name, PMI member ID). This copy is a PMI Member Benefit, not for distribution, sale or reproduction." The file can only be opened using your PMI.org password. Again, this is designed to protect PMI's intellectual property and preserve the value of this member benefit.
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