Project-based business is significantly growing in different sectors due to multipleadvantages projects can offer. However, one major concerns of projects is being atemporary business with high possibilities of losing organizational knowledge, and greater difficulties in assuring
commitment, causing slowness in organizational learnabilityand capability to evolve and become more competitive. Therefore, many project-basedorganizations consider knowledge management initiatives to fill that gap. Nevertheless,many of such initiatives fail to deliver the expected results due to different failure factorsand barriers, while others could be more successful due to a group of success factors andenablers. This article discusses a conceptual model consisted of six success factors thatcontribute to the overall success of KM initiatives in project-based organizations.