An effective KM should have the following feature: acquisition, creation, packaging, or application of internal and external knowledge as a primary objective of the work. The inputs and the outputs will have high levels of variability and to a certain extent some degree of uncertainty equivocally, and incompleteness. The process of knowledge work tends to be variable, and difficult to analyze as a set of procedures or steps. Characterized by exception rather than routine, it is performed by professional or technical workers with a high level of skill and expertise. Knowledge and work processes include such activities.
Any Knowledge Management project should essentially have the following four components-
2. Improve knowledge Access- involves determining ways to facilitate finding the person with the required knowledge and then transferring the knowledge to another person. Sometimes, simply storing the knowledge in a repository is not sufficient. Face to face transfer of knowledge can be more effective. Technology, such as desktop video conferencing, can enable face-to-face knowledge access.
4. Manage Knowledge as an Asset- involves demonstrating that effectively using the knowledge management repositories or face-to-face transfer of knowledge has allowed the organization to save or make money. This is currently difficult, but will probably become more accepted as knowledge management becomes more widely used.
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