Integrating knowledge management with project management for project success

Main Article Content

Anthony Yeong
Thou Tin Lim

Abstract

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.

 

According to the Standish Group’s Chaos Report for 2009, only 32% of all surveyed projects are considered to be successful and are delivered on time, on 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.

 

Knowledge management is an emerging discipline and practice in organizations. This paper proposes an integrated model that combines knowledge management with project management to improve project success and thus contribute towards competitiveness and sustainability in organizations.

 

Article Details

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Author Biographies

Anthony Yeong, PMI, AIPM

Anthony Yeong is an independent consultant, trainer and researcher in project management from Sydney, Australia. Anthony has a DBA and MBA from Southern Cross University, Australia. He is an external supervisor registered with Southern Cross University with their doctoral business program.  In addition, Anthony is a certified Project Management Professional (PMP) from PMI, US and PRINCE2 Practitioner from APM Group, UK. His major research interests include are:  project management; knowledge management;  marketing management and consumer behaviour.

 

Thou Tin Lim

Thou Tin Lim is the principal consultant at Decision Modelling Systems. He is a certified business intelligence professional in business analytics with TDWI and a fellow of the American Academy of Financial Management. As a management consultant and practitioner, he has facilitated organizational initiatives/projects over 15 years in the region, including Australia, China, Singapore, Malaysia, Mauritius, India, Indonesia and Thailand. Thou Tin holds Masters in Information Systems and Knowledge Management and a DBA from Southern Cross University, Australia. His current research interests include business modelling and business intelligence. He has published articles in refereed international journals, and book chapters in the area of business intelligence, management research and knowledge management.