Risk Management in ERP Implementation
Journal Title: International Journal of Research in Computer and Communication Technology - Year 2014, Vol 3, Issue 7
Abstract
“There can be no great accomplishment without risk”, says by the Neil Armstrong. Risk management is very crucial and vital task in the current era of competitive business for any organization, who takes the various kind of risk in their respective business process and functions. As the organization ready to sustain in the fast processing world of business, many organization adopted technology-based or high-tech business processing. To obtain the all kind of advantages, most of the organization migrate their business process into ERP environment. But, big advantage can also comes with big risk and when there is risk, organization keep their eyes and ears open to indentify, analyze and overcome on the risks. The theme of the paper is to highlighting the importance of risk by organizational view. The research gives the risk management process and listed a variety of risks with their functional types like managerial, Operational, Technical, Financial etc. At the end of this paper, the authors tries to explore various countermeasures to over comes the risk and enlighten the Risk Management in ERP Implementation.
Authors and Affiliations
Dr. Ramdas S. Wanare
Keywords
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