Knowledge Contribution as a Factor in Project Selection

Abstract

Project selection is a crucial decision-making process in many organizations. By adopting a project-based learning perspective, this study sets out to develop a framework to integrate organizational knowledge development with project selection. We utilize various knowledge management models to create a structured evaluation metric to measure project contribution to organizational knowledge. A project selection model, which involves project knowledge contribution as one of the evaluation perspectives, is proposed. Results of a focus group study effectively validate the proposed evaluation metric. The article concludes with an empirical implementation of the model in an electronic component manufacturing company.