Project Management for ERP helps your company undoubtedly need the tools that will help you visualize and manage these complications if it wants to be more adaptable and productive while also dealing with complexity and change issues. You will need effective ERP project management with meticulous planning to guide the change management process if you want to reduce the stress involved with adopting or migrating to a new system.
2. Project Management for ERP helps your
company undoubtedly need the tools
that will help you visualize and manage
these complications if it wants to be
more adaptable and productive while
also dealing with complexity and change
issues. Additionally, you require a
mechanism to analyze, modify, and
redesign processes right down to the
process level.
4. PROJECT ADMINISTRATION
Define, keep a record of, and manage information about
the people and resources used to carry out the project.
Organize the project with a method. Manage all
of the resources for your project.
List and define all necessary human and
mechanical resources for the project.
For the project's participants, specify access rights
to ensure user-level security and prevent
unwanted access.
5. Plan your project well
so that you may specify
various tasks for a
project or sub-project
in a scheduled order of
execution.
PROJECT PLANNING
Plan ahead of time to prevent resource leakage
and time wastage on the project.
effectively identify several project/sub-project
activities in a scheduled execution order.
Simple job subcontracting recording is possible
through the module's identical window.
6. Keep track of all resources and worker performance about
the project's predetermined criteria and objectives.
PROJECT TRACKING
Effectively record and monitor project progress information, resource
performance, and accomplished milestones.
For efficient resource performance analysis, compare expected results to
actual results.
Determine and assess the problems and dangers related to the project,
and take proactive measures to address them.
7. The type of a project, such as whether it is
generic or construction-related, its sizes, such as
small, medium, or large, or even whether it is
billable or not, can all be used to categorize it.
You can specify cost centers associated with
your project using the ERACOM Project
Management solution.
Calculate total project costs as well as classified
costs such as task-wise, milestone-wise, and
resource-wise costs.
Defining cost centers and billable & non-billable
attributes related to your project
PROJECT BILLING
8. PROJECT ACCOUNTING
To combine the project's expenses and profits,
map cost groups to account codes.
Set project spending limits
combine costs and income, and document
account-based project budgets.
Whether a fund can be used for the entire
project or just a portion of it, record the
funds received against the project.
9. Analyze the profitability
percentage by comparing
actual expenses to budgeted
expenses, actual revenue to
expected revenue, and actual
profitability to planned
profitability to determine the
task, resource, or overall
performance of the project.
PROJECT PROFITABILITY
Create a performance report card for
your project to determine whether it is
profitable, whether it is profitable
task-wise or resource-wise, or whether
it is profitable overall.
Compare real expenses to planned
expenses, actual revenue to predicted
revenue, and actual profitability to
planned profitability to objectively
measure profitability.