Is it possible to measure knowledge management return on investment (RoI) ? Following ChatGPT, it can be challenging to do so because knowledge management often involves Intangible Benefits that are difficult to quantify.
Identify the specific goals and objectives of your initiative.
Develop specific direct (or indirect) metrics
Compare it with the costs of the knowledge management initiative and investiguate the benefits that have been realized (e.g. increased productivity, reduced errors, improved decision-making)
Some example
Products Handbook, White book, Technical note,…
Stakeholder engagement
Knowledge base, IT Tools Sharing
Social Network posts + Upload of documents
Videos (e.g. on reinforced concrete design)
Project collaboration between entities
Joint tendering between entities
List of specific Software, Equipments Data Base
Awarded framework agreement by a MAJOR company for preliminary studies
Competence matrix containing overview of distribution of numerical modeling expertise