The paper "Role of KM in Project Integration and Scope Management" is a great example of a report on management. Knowledge is a dynamic field in the history of the world. Knowledge management is a relatively new branch of knowledge whose objective is to achieve a breakthrough in the performance of the business through the synergy of processes, technology, and people (Siemieniuch and Sinclair, 2000). Knowledge management focuses on change management, complexity, and uncertainty of business processes. Knowledge management serves as the stock and store of knowledge as well as the pathway of knowledge flow (Siemieniuch and Sinclair, 2000). Among the activities involved in knowledge management include the sharing, creation, and application of knowledge in order to sustain the cut-throat competition that prevails in the business world.
Wickramasinghe (2003) defined knowledge management as the methods used by the firm to obtain, store, and apply the intellectual capital prevalent in the organization (Wickramasinghe, 2003, p. 286). According to Ofek and Sarvary (2001), knowledge management refers to the wide range of practices and strategies used in the firm to represent, distribute, create, identify, and enable adoption of experience and insights. Experiences and practices consist of knowledge, which is, ether held by individuals or stored in the organization in the form of practices or processes (Pollard, 2005).
Knowledge management may also focus not only on methods that enhance competitive advantage but also methods that enhance performance improvement in the organization. In his perspective, KM may overlap with organizational learning (Pollard, 2005). However, the difference between the two is that KM focuses on the sharing of knowledge in the organizational setting. Having been awarded the contract for the delivery of a framework that involves 12 schools in an eight-year period, it is imperative for proper and effective knowledge management to be taken into consideration and implemented in order to ensure that all the phases of project execution are successful.
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management systems in practice truly reflective of Knowledge Management Systems in Theory? Business Process Management Journal, IX, N0 3, 286-301.