This guideline comes with a caveat the nature of the organization. This estimate does not address staffing or other organizational requirements. This has been a mantra of this newsletter all along namely, know what the problem is before you decide to throw knowledge management at it. That said, I know that your appetites have been wet with the idea of a possible budget for knowledge management. And not to disappoint, I will try to propose one based on some generic requirements and best guesses about the kinds of problems that may need to be solved.
Budgets always reflect some assumptions.
Let's look at ours. First, there will be people requirements for the effort. That is to say, any knowledge work effort needs some dedicated people resources to implement the effort. How these resources are obtained is a question for the business, but these resources do need to be reflected in the budget. The second budgetary assumption is that whatever knowledge work you will do will require some technology.