A Model to Reduce the Risk of Projects Guided by the Knowledge Management Process: Application on Industrial Services

Abstract

Knowledge plays a key role in the information revolution. Major challenges are to select the information from numerous sources and transform it into useful knowledge. In this context and in an economy strongly focused on the “Knowledge†, take the turn of knowledge management becomes a strategic issue for the survival of organizations. However, the research in knowledge management focuses mainly on the creation, capitalization, and knowledge transfer process. Researchers are centered on the establishment of the knowledge management process in companies, but little about interaction between the knowledge management process and the risk management process. In this article, the authors propose a new model to reduce the risk of projects guided by the knowledge management process represented by the GAMETH method. They apply their approach to ammonia industry presented by the FERTIAL (Algerian-Spanish company).