Knowledge management is a formal process of determining what information a company has that can benefit others in the organization and making the information easily available for use by those who need it. The process includes formal procedures to collect such information as lessons learned during a project‟s execution and the best practices occurring throughout the organization, a well established infrastructure, networks for transferring knowledge between employees, and tools to facilitate the process. Once the process captures the organization‟s knowledge, the real power occurs when the users utilizing the information use it by putting the shared into action. [2]