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

On Project Governance - Essay Example Uncoordinated project governance can result to financial loss, delayed completion 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 firm’s vision. ERP systems combine internal information 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 small organizations designed to promote excellent practices in business. ERP software’s have varied applications based on the technical aptitude and the definite needs. Each section 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 the decision making of a n organization by guiding project governance. Thus, a well-coordinated ERP system is vital to successful project governance. It provides the most 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 align 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. According 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 unpredictable 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 monitor 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 save on time previously spent on documentation, training, and accounting. Therefore, long-term feasibility benefits firm that adapt to the consumer’s preferences. Development stage Microsoft is an organization that develops fully customized ERP systems (Shankar & Bellefroid, 2011). The senior manager and the executive usually guide other stakeholders in coming up with the ERP software’s. Executives at Microsoft engage in the planning and implementation of the system. Primarily, before developing the systems, management conducts research to find the needs of the