Vol XVIII: Ch. 4: Preventing Wastes of Project Costs and Schedules Using Purposeful Knowledge Management
From the Book: The Refractive Thinker® Vol XVIII: Project Management: Strategies to Enhance Workflow and Productivity


Summary

As owners improve their businesses and increase, the project teams must ensure a concerted effort of purposeful knowledge management between the teams. The discussion of purposeful knowledge management in this chapter includes sharing of lessons-learned and after-action reports as well as the participation in communities of practice. The discussion also supports communication between the Project Management Office, the verticals of an organization, and the various project teams. This chapter includes methods of knowledge management within the organization to support the prevention of cost and schedule waste. This chapter addressed the Project Management Institute’s® Project Management Book of Knowledge (PMBOK®) knowledge management practices for each phase of a projects and how project managers should operate to share information, specifically, lessons learned. Each project phase has questions for organizations and their project teams to consider. Finally, provided are the process theory of knowledge accumulation, earned value management as oversight of project costs and schedules, methods of knowledge sharing and transfer, and recommendations for organizations and their project teams to prevent knowledge loss.
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