The Application Of Knowledge Management In Project Management Of Small And Medium-Sized Enterprises

With the fast development of new materials, new technology and new process, product upgrading and competition between companies has been accelerated. To secure a better and solid development in market under the circumstances, small and medium sized enterprises (SME) must have own core competitiveness, which means high qualification of organization staff and the effective cooperation between different teams. Knowledge management, among all of the ways to improve employee qualifications, has been proved to be effective. At the meantime, knowledge management will promote communication in a company, create a good working environment and improve cooperation between different teams. The key to knowledge management in SMEs is the establishment and accumulation of knowledge database, which sources from the materials, experience and documents of company's project management. The SMEs should combine knowledge management with project management to improve the capability of whole company's knowledge management and most important of all, to improve the key competitiveness.