As an Amazon Associate I earn from qualifying purchases.

Managing Project Knowledge Notes: Definitions & Explanations PDF | Download eBooks

Study Managing Project Knowledge lecture notes PDF with project management definitions and explanation to study “What is Managing Project Knowledge?”. Study managing project knowledge explanation with project management terms to review project management course for online MBA programs.

Managing Project Knowledge Definition:

  • Managing Project Knowledge is the process of using existing knowledge and creating new knowledge to achieve the project's objectives and contribute to organizational learning.

    A Guide to the Project Management Body of Knowledge by Project Management Institute



Managing Project Knowledge Notes:

After the project is planned, the main focus of the project team is to execute the project as planned. There are some processes that help in smooth execution of the project. The execution must be according to the project objectives. One of the processes that is involved in the executing process group is called managing project knowledge. This process is performed on the basis of existing and new project related knowledge. The knowledge can help in achieving the project's objectives. The major aim of this process is to use the existing knowledge to improve the results of the project and creating new knowledge which can be used in similar future projects. This process is performed throughout the project life cycle.

Keep Learning with Project Management Notes

What is Actual Cost?

It is important to monitor if the actual work performed is according to the plan. In addition, the actual and ...

What is Project Reporting?

The information related to project must be collected and distributed further to the concerned people. This process is called project ...

What is Schedule Control?

The tracking and reviewing of the performance of a project is important in order to compare the actual performance with ...

What is Earned Value?

The project monitoring process tends to check if the project is performing according to the plan. Earned value is a ...

What is Check Sheet?

Check sheets are used to organize data related to any quality issue in an effective manner. Check sheets can be ...

What is Start to Finish?

Important of relationships in a project schedule needs to be considered. It is necessary to understand that project related activities ...