Guide to Manage Project Knowledge Exam Questions

Manage Project Knowledge is a crucial part of Project Integration Management under the CAPM (Certified Associate in Project Management) Examination.

Why it is important:
This process plays a significant role in making the best use of the experiences gained during the project to enhance organizational effectiveness. It aims to improve current and future project performance by leveraging and sharing knowledge.

What it is:
Manage Project Knowledge involves utilizing existing knowledge and creating new knowledge to achieve the project's objectives. It promotes knowledge sharing by utilizing various methods to collect and store knowledge throughout the project lifecycle.

How it works:
This process works by capturing, organizing, and disseminating knowledge in a way that allows easy access to the team members. It includes the use of project management information systems, lessons learned register, and knowledge management tools.

Exam Tips: Answering Questions on Manage Project Knowledge:
1. Understand the importance of knowledge management in project success.
2. Familiarize yourself with the tools and techniques used in managing project knowledge. This includes knowledge repositories, project management information systems, and lessons learned register.
3. Practice questions related to this concept to understand its application in real-life scenarios.
4. Expect scenario-based questions in the examination, so apply your understanding in these contexts.
5. Understand the difference between explicit and tacit knowledge as this is often asked in the examination.