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BSB51415 Project Management
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BSB51415 Project Management
0 Download3 Pages / 512 Words
Course Code: MGT5PMT
University: La Trobe University
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Country: Australia
Question:
Why should the project organization establish a knowledge base system for the organization? Elaborate.
Answer:
Introduction
Knowledge is identified as an essential need for any organization and can be attained from diverse sources out of which is the knowledge base from the project organization. As knowledge is disseminated through the business operations of the organization, employees attain greater degree of empowerment to accomplish their roles and responsibilities. The following paper highlights the reasons which have led project organizations to effectively implement knowledge base.
Discussion
Globalized organizations have developed understanding and thus aim to create opportunities for induction, training and knowledge transfer at areas where it is possible to employ. Thus knowledge base is regarded as one of the most effective way of sharing knowledge and awareness. Knowledge base is recognized as a highly accessible data storage centre which primarily comprises of vital information related to certain product, service, concept or strategies. Project organizations tend to create knowledge bases to address relevant knowledge within the business enterprises related to specific areas in order to provide access to this information. When project organization attains the competence to efficiently position a knowledge base, organizations must further combine it with a effective program of knowledge management. Successful knowledge bases are able to create, establish, curate, transfer and further regulate knowledge distribution in the business processes of the organizations and across industries.
It has been observed that with well-established knowledge base as well as knowledge management, project organizations will develop a high level of competence to deliver rapid service and further successfully enhance self-service, provide high level of accessibility as well as availability to increased number of articles and further provide customary updates and details through the proficient process of knowledge management system. Furthermore, effective knowledge base aims for improved level of consistent service, higher level resolution rates at the initial stage and reduce training expenditures
Project organizations identify knowledge bases as highly invaluable factor of business operations as it aims to abridge various procedures ranging from troubleshooting to induction and knowledge base, along with focusing on distribution of organizational policies and regulations as well as payment plans. Effective knowledge base can further guide procedures associated to agreement, treaty as well as other approval systems, guidelines and registration. Several knowledge bases are essentially structured on the basis of artificial intelligence while other forms of knowledge bases tend to act responsive to input from the users.
Conclusion
Therefore, to conclude it can be stated effective knowledge base successfully facilitates customer service, and improves high level of productivity as well as improved level of collaboration. The paper has provided an explicit understanding of knowledge base to be an invaluable factor for project organizations.
References
Cummings, Thomas G., and Christopher G. Worley. Organization development and change. Cengage learning, 2014.
Pemsel, Sofia, and Anna Wiewiora. “Project management office a knowledge broker in project-based organisations.” International Journal of Project Management 31.1 (2013): 31-42.
Todorovi?, Marija Lj, et al. “Project success analysis framework: A knowledge-based approach in project management.” International Journal of Project Management33.4 (2015): 772-783.
Wenger, Etienne. Artificial intelligence and tutoring systems: computational and cognitive approaches to the communication of knowledge. Morgan Kaufmann, 2014.
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