This paper presents a framework for introducing effective knowledge transfer across departments and disciplines at all stages of a project lifecycle, with the aim of improving the process of asset integrity in the Third Millennium. The tools of building a learning organisation are presented as a starting point for promoting a knowledge management culture that recognises that most of the valuable information resides with the people and needs a mechanism for capture. All too often, vital information remains with key people on the job because they simply do not have a means to transfer that knowledge into a system. Asset integrity knowledge management provides a framework to identify the key stages in the life cycle of an asset and how to share and capture knowledge at all stages to lead to significant benefits in managing asset integrity.