Page 10 - CxOs ERP Guide

8. ERP Risks Involved and Risk Mitigation during Implementation

Avoid ERP cost over runs, missing deadlines and frustrated users by identifying the Risks and planning

ahead to avoid such Risks.

Successful Implementation of an ERP is the part that requires all our skills. It covers data migration, user
training at all levels, parallel runs, change management etc. This needs careful planning and guidance.
Guidance can be provided by the Vendor or an outside consultant.

Challenges to successful ERP implementation:
 Inadequate Definition of Requirements

 Resistance to Change
 Inadequate Resources

 Inadequate Training
 Lack of Top Management Support

 Poor Communication and Co-operation
 Poor Project Design and Management

 Poor ERP Package Selection
 Customization Issues
 Inadequate Definition of Requirements

Mitigating each of these risks is the real secret to successful ERP implementation