The Knowledge Management Perspective

Abstract

An important element of product lifecycle management (PLM) is knowledge management (KM). KM helps manage risks inherent in products as they increase in complexity, and the organisations and teams who design build operate and support the products may be dispersed in geography and time. Economic pressures are also forcing organisations to do more for less with fewer resources in reduced time. It is essential that knowledge is exploited if these efficiencies are to be made. This chapter explores problems with Knowledge Management, posits definitions that may be useful about the nature of knowledge and its relationship with data and information.