Why Project Management?

The project management function in large organizations is typically the key organizational function -- it is the nexus around which the project requirements are conceptualized and eventually implemented. Projects are undertakings which are large, unique, expensive, and often involve risk. Project management differs with environmental characteristics: Process-based or projectbased. It is not sufficient for the project management function (including the architecture of support people, communication and information technologies, and collaboration practices) to be designed only for consistency of processes Instead, in a dynamic multi-project environment, project management needs to hinge around the key ingredient of agility (also adaptive) Prior research has pointed out that there is a growing need to manage the increasing complexity of projects needs to identify the dependencies related to the development of innovative products As project complexity increases, it becomes important to find the means to manage interrelatedness of sub-projects along with related activities and events Increased project complexity implies that no one individual or team can at a given time comprehend the entire system that is being developed

Integration of Knowledge Management with Project Management KM framework is useful to project and program managers in conceptualizing, developing, and implementing KM initiatives, which can be further generalized for other organizations.

Knowledge Management Tools In Project Management SpicyNodes SpicyNodes is an intuitive, Web-based data visualization platform with a simple XML-based API that can be interfaced with multiple data sources. Knowledge is power, but only if its recorded. Knowledge mapping prevents reinventing the proverbial wheel, provides baseline data for measuring progress, reduces the burden on experts, makes visual thinking tangible, and manages large volumes of information. When it comes to knowledge mapping, visualizations speak volumes. Whether youre working alone or as part of a team, SpicyNodes enables you to organize, visualize, and display complex information. By delivering both the big picture and the minutest details, SpicyNodes allows you to document and fill in knowledge gaps, while leveraging existing knowledge to accelerate any project.