ERP Projects: 5 Risk Factors and How to Manage Them
As anyone who has ever been involved in an ERP implementation can attest, implementing an ERP system is an inherently risky activity. Implementation failures occur for all sorts of reasons and the effects of failure can range from the relatively benign (such as “poor user-friendliness”) to the business-endangering (“inability to process transactions”).
This paper looks at five of the factors that that can lead to project failure if they are not properly managed and includes mitigation steps to address the related risks. These are Lack of Business Ownership; Inadequate Focus on Delivering Benefits; Poor Project Team Skills; Failure to Improve Business Processes and Inadequate Business Change Management.
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