Knowledge Management is an emerging discipline that targets to capitalize organizations- intellectual capital. Software development requires intensive sharing of knowledge. Explicit and Tacit knowledge acquired during the project execution shall be captured and managed to meet organizations- objectives. Creating and utilizing knowledge is now becoming the key factor to sustain and obtain competitive advantage. Agile Software development processes extensively uses Tacit knowledge to minimize transaction costs of software engineering activities. The way of eliciting such knowledge to the rest of the team and procuring it as an intellectual asset to the organization is still unknown. This study is an attempt to propose the process for eliciting Tacit knowledge by converting it into Explicit knowledge thereby sharing it across the organization to create intellectual knowledge base to build competitive edge. The proposed concept is being piloting in one of the Agile development project -Study Management Plug-in- (actual name withheld) in Ultrasound modality software application.
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