The article discusses five critical factors that can lead to ERP implementation failures—lack of business ownership, inadequate focus on benefits, poor project team skills, failure to improve business processes, and inadequate change management—along with strategies to mitigate these risks.
ERP Projects: 5 Risk Factors and How to Manage Them
Key Takeaways
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Implementing an ERP system carries significant risks, and failures can have serious consequences for businesses.
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Five key factors that can lead to project failure include 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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Proper management and mitigation strategies are essential to address the risks associated with these factors and ensure successful ERP implementation.
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