In order to reach their goals and continue the ongoing learning process, like other organizations universities also need the effective use of knowledge management. The knowledge management is ongoing process and it has to be organized in a way that always open to new ideas. In universities where research and development studies play an important role, knowledge management has very critical situation. According to the organizational structure, universities are institutions directly related with knowledge and they are the major players of how knowledge distributed among communities. In order to reach their mission, universities should have effective knowledge management. Because of studies in this area is not sufficient enough in universities, in the development phase of knowledge management universities should focus on areas such as how to use effective use of knowledge and how to improve current situation. The aim of this study is to find effective ways and methods for professors and universities board of directors about knowledge management and its tools.