1 / 9

Effective Knowledge Management Strategies for Construction Management Improvement

This presentation explores the critical aspects of Knowledge Management (KM) and its current relevance. It defines KM, differentiating between tacit and explicit knowledge, and underscores the importance of capturing knowledge effectively. Case studies from notable organizations like British Petroleum and Ford Motors illustrate the significant financial benefits of implementing KM practices. Practical techniques for KM improvement, including benchmarking and community practices, offer actionable insights for enhancing organizational knowledge. Join us to discover how KM can transform construction management and drive success.

lin
Télécharger la présentation

Effective Knowledge Management Strategies for Construction Management Improvement

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Knowledge Management (KM) & CM Information Right Person Time Lloyd Hancock LRH Consulting Services June 2, 2008Shell Beach, CA

  2. SUMMARY • What is Knowledge Management (KM) • Why KM is Being Discussed Now • KM Improvement Case Studies • Practical Approaches to Improving KM • KM Lessons for CM

  3. What is KM? • Knowledge is your understanding based on experience and training • Two Types of Knowledge • Tacit (What’s in your head) • Explicit (What you write down) • What Knowledge Isn’t • Just Data or Information (Product of Someone’s Explicit Knowledge)

  4. What is KM? • Managing Knowledge is like herding cats • Identify where Knowledge Resides • Who Knows What • Develop Ways to Capture Knowledge • Videotaped interviews • Develop Knowledgebase • Encourage/Recognize Small Successes

  5. Why is KM such a Hot Topic Now? • Knowledge Recognized as Capital • Time & Money Spent for Training • KM Improvements seen on Bottom Line • Aging Workforce Worldwide • Technology Advancements • Computer Hardware/Software • Video-conferencing

  6. KM Improvement Case Studies • British Petroleum • Instituted Peer Assists – Frequent Activity Assessments – Post Activity Critiques • Reduced Oil Field Development Costs $80M • Ford Motors • Analyzed 42 Activities at 38 Plants Worldwide • Mounting wheels varied from 1.5 to 8 mins • Instituted Benchmarking & Sharing Best Practices • Saved $750M over 1st 5 years

  7. Practical KM Improvement Techniques • Require Trip Presentations on Return • Post-Activity Reviews/Critiques • Benchmarking – CoPs – Peer Exchanges • Improved Meeting/Brainstorming Techniques • Meeting Room Arrangement • Piling On Approach • Café Style

  8. KM Lessons for CM • Both Promote Maintaining Accurate Data and Making Data Accessible • Continue Benchmarking • Improve CM Knowledgebase on CMBG Website • Post Industry Surveys and Results • Advertize Industry CM Best Practices • Provide Place to Share Lessons Learned • Integrate with KM Initiatives - Globally/Locally

  9. Questions? Breakout Session this Afternoon

More Related