Knowledge Capital that ensures sustainability, competitiveness and stability of an organization can be regenerated in value-added form and made available for the creation of quality products and services by application of Knowledge Management Systems (KMS), across a diverse range of fields. The book focuses upon the standard procedures and technologies underlying the development of a KMS, while discussing some novel concepts like Virtuous KM Cycle, MASK techniques, Daisy Model and AI-KM Model, devised and developed by the authors.