An Enterprise-Wide Knowledge Management Approach to Project Management

Abstract

Few research studies investigate the relationship between enterprise knowledge management (KM) and project management (PM). These studies have shown that today’s PM approaches do not sufficiently include the required KM processes to derive the highest value from project investment. This research highlights the potential benefits of implementing an enterprise-wide KM approach to project management. The relationship between the four KM pillars, as defined by Stankosky, and the PM knowledge areas, as defined by the Project Management Institute (PMI), are investigated. A survey questionnaire reveals significant positive relationships between the KM pillars and PM knowledge areas. The significance and the nature of this association support the study’s assertion that the management of projects improves as enterprise-wide KM processes and activities are increasingly used.