Introduction
There are significantly a whole lot of risks within the implementation process of an ERP system and may require significant understanding to create a better advantage in turning the resources around and benefiting from the risks already identified. The identification process encompasses meaningful interpretation and understanding of the operations process of an ERP system and how well these risks affect its operations and creates a significant impact on both the individuals and the project under consideration. However, in getting to understand the underlying risks, there is a need to look into the considerable implementation process and establish a critical understanding and analysis. The platform is keen to identify significant ideas and methods that would develop a better understanding of the different issues that may become associated with the aspect of Enterprise resource planning. The article that is under analysis involves managing risk in enterprise resource planning projects. The main idea is to create a better understanding of the different issues and how well there is continued implementation. The identification of the various risks within which there is a better flow of knowledge and creating an understanding of different ways to approach the already identified risks in a specific project.
The purpose of this report is to identify the different elements and aspects of ERP implementation and the various risks that may cloud the project process that would either hinder or contribute significantly to the success of the project and improve it gradually. Significantly, understanding the ideas behind a better implementation of ERP would create a significant improvement in project execution and the continued impact on how well its management continuously progressed.
The report will follow a systematic review of the different step by step identification of issues related to ERP implementation. Identification of the different ideas presented within the article and creating an understanding of how well the article presents the case and aims at improving it gradually. The second step within the report would encompass the identification of the different risks that the author identifies in association with the implementation of ERP in a project. A more in-depth review of the various risks and how they affect the implementation process as well as the critical parts of the implementation to create a better understanding and get to understand the improvement points that would create a significant impact on the project and the continued future improvements.
Additionally, since the article is a case study, there is a need to create a better understanding of the research intentions by a more in-depth analysis of the content within the section getting a view of the significant focus of the author in presenting his case. Similarly, the method employed by the author and the critical impact it creates in gathering relevant information on the objectives of the article. Additionally, the significant influence of literature and the crucial role it plays in understanding the risks in the implementation of ERP projects.
The article intention and content analysis
The article is critical to understanding the different risk factors in the implementation process of ERP projects. Due to its fundamental analysis by use of qualitative analysis that helps create an understanding of the various issues that would relate to the better creation and improvement of ideas in the implementation process. Additionally, the author utilizes different approaches in analyzing the entire problem and creating an open view to the reader. The use of a qualitative research method is a critical way to understand the different ideas and issues that relate directly to the process of implementing an ERP project. The utilization of a risk management approach to identify implementation issues of ERP and the creation of a better understanding of how well the implementation process would affect the project outcome. The idea is managing the project in different phases by utilizing significant concepts and the risks that would get associated with the project phase.
Additionally, the article utilized the use of literature review to get a better understanding of the generic risk factors of a project, analyzing the different project implementations to create a better understanding of the objective. It’s essential to the author’s aim in that it creates a better understanding of the risks by a more in-depth understanding of the different issues that overcome significant projects. By discussing a more comprehensive view of the project issues, there is a more substantial deal in improving the various risks in future projects. Additionally, the article introduces a critical approach to the management of such ERP risks by introducing a five-step plan that focuses on the significant importance and impact of the project.
The risk management framework utilizes the different steps in getting a better understanding of how these risks affect the implementation of ERP projects. The steps involve;
Identifying risk- Involves an analysis procedure where the likely dangers get tabled, the different level managers become critically involved in the process.
Logging risks- After the identification of the likelihood of occurrence, the chances are significantly recorded in the risk log and later communicated to the appropriate stakeholders to establish a critical understanding and better approach to the risks.
Reviewing risks- The analysis and updating of significant risk factors that would become utilized weekly to develop the critical risks within a project and hence create a considerable approach.
Managing risks- It involved the identification of the impact of a threat, how well the risk would affect the project, and the significant importance of maintaining the risk. It means coming together of all parties concerning creating a better understanding and generating considerable influence on the issues identified. The mitigation strategy, then communicated with priority based on the impact of each risk factor.
Closing risks- Monitoring and evaluation of the different risks in line with the various activities and abolish of danger in time when the events are complete. It entails the final steps of the framework that work to establish an entire cycle in the management of risks and the continued future reaction towards the dangers as they form gradually within an ERP project.
The different risk management approaches signified different ideas as the author presents the risks associated with varying phases of the project. Those related to the implementation would involve;
- Inappropriate management of scope
- Lack of communication between the ERP implementation team, the users of the system, and the ERP provider.
- Finally, there is a significant link towards poor contract management, signifying a more excellent deal of improvement within the implementation process of the project.