Embedding knowledge management to project management standard (PMBOK)

In knowledge-based projects, many risks can be resulted due to lack of technical and managerial knowledge applied in the project. To avoid these risks, project based companies need to apply or embed a convenient mechanism based on knowledge management to their project management processes. Lots of tools such as portals, expert systems, social networks, and etc. have been developed so far, but in this article, the main focus is applying knowledge management as a philosophy and as a approach so that project management processes get capable to reach knowledge management objectives. To apply and embed this approach, a process model, named KM strategic planning model, is developed which must be implemented in project management processes. This model helps to build a bridge between PMBOK processes and knowledge management strategy development. The foundation of this bridge is made on two pillars. First, the spiral of knowledge introduced by Nonaka [1] and, second, PMBOK processes. To develop the KM strategic planning model, an empirical knowledge is applied based on systems engineering approach.