In the project management context, knowledge management and transfer are essential. Effective KM practices increase the business value of consultants to organizations. Change management programs are improved when they are supported with knowledge transfer. Finally, we will see that knowledge management activities are a hallmark of many top-performing organizations.
In our concluding installment, we will continue our exploration of knowledge management in organizations. It will include a continuation of the discussion around the forms and methods to build knowledge bases, and examine the challenges of sorting and indexing data so that it becomes useful information.
By providing the right level of detail and framing the problem, a project manager can use a story to help team members evaluate and map different possibilities. However, bringing a story to life and making it engaging can be difficult...
A trip to Paris was an invaluable experience that broadened this writer's awareness to a different country and culture--and taught her about life and how these lessons can be applied to project management.
Successful innovation that will yield real positive outcomes requires organizational capabilities for executing on strategy initiatives. It's not just about having the right people, it's about having the tools and corporate memory of knowing what works and what doesn't to support the thought processes for planning and getting the work done. This is where the importance of knowledge management comes into play.
Effectively maintaining project management knowledge is a key competency for any organization that undertakes projects on a regular basis. Knowledge acquisition, retention and dissemination are important because they support the development and application of project management capability--that is, the ability of an organization to leverage the collective knowledge and experience of its project managers.