HUMAN AND ORGANIZATIONAL KNOWLEDGE IN A PROJECT MANAGEMENT CONTEXT

Purpose – This paper aims to study the improvement of project success in organizations
by integrating knowledge management strategies with project management practices in a
typical project lifecycle, assuming that the projects are the tools by which organizations
achieve the strategic objectives.
All projects are considered successful if they are delivered on time, within budget, with
the required features and functions. This could be an indication that project management
practitioners have not fully acquired and transferred knowledge learned from past projects
to ensure a higher success rate for current and future projects.
The knowledge created in the projects environment in almost any case is lost due to inefficiency
of the processes of the enterprise organization. This leads to inefficiency in developing
processes and activity already done by the projects organization in previous projects.
The proposal highlights the importance of an intelligent approach to knowledge sharing
demonstrated on a practically approved procedure of knowledge sharing on a project management
level. Furthermore the concept and process for a successful institutionalisation of
Knowledge Management to foster communication and sharing among people is described
by a case based through a procedure of “knowledge management in project environment”.
This paper doesn’t provide a solution to the enterprise problems, this is not a methodology,
but like the ISO standard 21500 on project management and PMBOK (Project Management
Body Of Knowledge) by the Project Management Institute (PMI) provides the
tools by which the organization can manage with effectiveness and efficiency the projects.

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