ERP Projects: 5 Risk Factors and How to Manage Them

Bindiya Kour

Key Takeaways

⇨

Implementing an ERP system carries significant risks, and failures can have serious consequences for businesses.

⇨

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.

⇨

Proper management and mitigation strategies are essential to address the risks associated with these factors and ensure successful ERP implementation.

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…

YOU MIGHT ALSO LIKE

Partner Content Cloud Platform and Technology

Grow With Confidence

Partner Content Data and Data Management

The Path to Growth: Adopting a Clean Core Strategy

Partner Content Cloud Platform and Technology

The Ideal Cloud ERP for Mid-Market Businesses? Why SAP S/4HANA Wins

Key Topics Discussed

ERP Strategy and Planning

Key Takeaways

⇨ Implementing an ERP system carries significant risks, and failures can have serious consequences for businesses.

⇨ 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.

⇨ Proper management and mitigation strategies are essential to address the risks associated with these factors and ensure successful ERP implementation.

Partners Mentioned

Key Topics Discussed

⇨

Implementing an ERP system carries significant risks, and failures can have serious consequences for businesses.

⇨

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.

⇨

Proper management and mitigation strategies are essential to address the risks associated with these factors and ensure successful ERP implementation.