9 Managing Project Knowledge
Improving performance through learning is a common theme to formalized project management (PM) and knowledge management (KM), although KM focuses on knowledge in all areas beyond managing projects. Specifically, knowledge acquisition, development, transfer, and utilization are common functions to both.
PM’s focus is on improving project performance through improving the processes associated with the organization’s projects as a whole. On the other hand, KM’s focus is on improving the efficiency and effectiveness of all recognized formalized disciplines throughout the enterprise. PM can be regarded as an integral part of KM as projects deal with new things that, to be developed, require an understanding of the organization’s ...
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