Effect of knowledge management in IT project management for project success

Abstract

Knowledge management and project management are recognized as very important to gain the competitive advantage of organizations within the industry. This study empirically examines the relationship between knowledge management and project management in the project based companies within the context of the information technology industry in Sri Lanka. Most of the Information Technology (IT) projects fail due to their incapability of getting the right knowledge to the right person at the right time. Proper knowledge management will be able to address these gaps. In this case proper knowledge management techniques help project teams to share information accurately while improving project performance. Previous studies have not clearly recognized the relationship between the knowledge management techniques and the project management in project based companies for the project success. The purpose of this research is to determine if a positive relationship exists between the knowledge management and project management. If a relationship exists, what knowledge management techniques used by the practitioners of project management are significant in terms of improving project management success? The responses from fifty two project managers in different IT companies in Sri Lanka have been evaluated. A positivism deductive approach is used in cross-sectional time horizon and mixed approach is used to gather data. This report explores the key knowledge management techniques used in IT project based organizations. Each of these techniques has been discussed separately and then how those factors affect the project management for project success in organizations is explained