Essay on Project Governance Example | Topics and Well Written Essays - 1250 words

On Project Governance - Essay ExampleUncoordinated project governance can result to financial loss, delayed apogee and collapse of an entire project. Consequently, the project implementers uptake thorough planning and organization of customized ERP system (Abdallah & Albadri 2011). An ERP is a deliberate organizational tool that guides a firms vision. ERP systems combine internal declareation related to finance, management and production. At Microsoft ERP facilitates the exchange of information in business functions. Background Information ERP is an integrated system for baseborn organizations designed to promote excellent practices in business. ERP softwares have varied applications based on the technical aptitude and the definite needs. Each atom centers on a definite area such as distribution, marketing, inventory control or HR management. Additionally, ERP is fully integrated to supervise progress and inform business intelligence (Dinsmore & Rocha, 2012). The ERP guides in th e decision making of an organization by guiding project governance. Thus, a well-coordinated ERP system is vital to successful project governance. It provides the most(prenominal) efficient way to conduct business processes. For that reason, systems vary in utility and convenience. Literature Review ERP systems are central business transformers rather than mere IT systems. They adjust with organizational goals to better provision of services and promote efficiency (Remenyi, 2005). Hence, an ERP has the aptitude to transform project government and may shift the focus of core activities. jibe to Muller (2009), the need to achieve operational efficiency through consistent implementation emphasizes on the need to form mergers and networks to promote interdependence in the capricious market. This heightens the need to establish architectural project governance that promotes growth. Nikookar et al. (2010) asserts that ERP is of competitive advantage to firms globally. It is a dynamic force for inspiring the course of globalization. Resultantly, firms are adopting ERP to guide in better administration and production. Therefore, organizations aspiring to attain standard levels need to invest in efficient ERP systems. This generates a competitive growth oriented atmosphere because it is easier to supervise minor changes. Successful attainment of efficiency is a continuous process that has become the prime credibility measure to modern enterprises (Konsynski & Tiwana, 2004). Companies that successfully adapt with the ERP systems just on time previously spent on documentation, training, and accounting. Therefore, long-term feasibility benefits firm that adapt to the consumers preferences. Development stage Microsoft is an organization that develops fully customized ERP systems (Shankar & Bellefroid, 2011). The ranking(prenominal) manager and the executive usually guide other stakeholders in coming up with the ERP softwares. Executives at Microsoft engage in the pl anning and implementation of the system. Primarily, in front developing the systems, management conducts research to find the needs of the