Dr. Dan: Knowledge is a noun, as is management. Manage is a verb. I do think though that this is a bit of the problem in Knowledge Management. Nobody would question the meaning of "Project Management" or the application of the term as a verb (same for HR Management, Contract Management, and so on). That's probably because what those are has been better explained, while the message of what KM is often degenerates into some sort of an IT (sounding) explanation (and IT is all about the nouns). All the more critical to hone your KM elevator speech, to ensure that your organization understands what KM is all about.