The project aims to develop a cloud-based ERP system to provide a more secure environment, cost-effectiveness, scalability, flexibility, and speed. The research questions, conceptual or theoretical framework, methodology, project plan, and risk analysis are discussed in detail.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head: EMERGING TECHNOLOGIES AND INNOVATION Topic-Development of Cloud based ERP system Name of the Student Name of the University Author’s Note
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
1EMERGING TECHNOLOGIES AND INNOVATION Table of Contents 1. Title........................................................................................................................................2 2. Rationale................................................................................................................................2 2.1 Problem domain...............................................................................................................2 2.2 Purpose and justification..................................................................................................2 3. Sponsor or Supervisor recommendation................................................................................2 4. Research Questions................................................................................................................3 5. Conceptual or Theoretical Framework...................................................................................3 6. Methodology..........................................................................................................................4 6.1 Research and system development methods....................................................................4 6.2 Data collection and system design methods.....................................................................5 6.3 Ethical Issues....................................................................................................................5 6.4 Compliance requirements.................................................................................................5 6.5 Analysis of data................................................................................................................6 7. Project plan.............................................................................................................................6 7.1 Deliverable.......................................................................................................................6 7.2 Work breakdown Structure..............................................................................................6 7.3 Risk analysis.....................................................................................................................7 7.4 Duration............................................................................................................................8 7.5 Gantt chart......................................................................................................................11 Bibliography.............................................................................................................................12
2EMERGING TECHNOLOGIES AND INNOVATION 1. Title The title of the project is development of Cloud based ERP system 2. Rationale 2.1 Problem domain It is identified that the ERP system is mainly used in order to manage the operations as well as functions of the organization. Due to the use of ERP system, the organizations can be able to optimize the business process, eliminate unnecessary data and operations as well as helps in reducing cost and time. In spite of the advantages, the organizations faces lot of difficultiesduetoimproperadaptationofdatasecurityprotocols,longertimefor implementation as well as due to the chances of occurring riskier upfront investment. In order to resolve the issues, the organization wants to develop cloud based ERP system. 2.2 Purpose and justification It is found that for minimizing the issues, it is very much necessary to develop cloud ERP system. It is found that due to the development of cloud ERP system, the organizations will be able to provide more secured environment. It is found that cloud-based ERP is considered the best in context to cost effectiveness, scalability, security, flexibility as well as speed. In addition to this, the most important advantage that is facilitated by cloud based ERP is that information can be easily accessed from anywhere with the help of internet enabled device. 3. Sponsor or Supervisor recommendation The project sponsor or supervisor mainly recommends that the development of cloud ERP system must be developed within the approved budget. If the project does not get
3EMERGING TECHNOLOGIES AND INNOVATION completed within the estimated budget then it can rise lot of financial difficulties and challenges. Therefore, it is very much necessary to manage the budget of the project properly so that the entire project is finished within the budget that is approved. 4. Research Questions The research questions are as follows: What are the advantages that Cloud based ERP system provides? What are the challenges that are resolved by the Cloud ERP system? Why the cloud ERP system is needed by the organizations? 5. Conceptual or Theoretical Framework According toSoder and Johansson (2017), Cloud ERP is defined as Software Service that helps in allowing the users to access ERP software by utilizing the internet. Cloud ERP has very much low costs for the upfront as it is found that the computing resources can be easily leased monthly wise instead of buying it and maintaining it on the premise. It also helps in providing the facility of accessing business related information from any location in the presence of proper internet connection(Bindi, 2016).Cloud ERP is found to be quite valuable for small as well as medium size organizations as it helps in providing access to number of applications at a very much less price without proper upfront expenditure for the software and hardware(Nguyen, Nguyen & Misra, 2014).It is found that after utilization of right cloud provider, a company can be able to properly scale their productivity software. The advantages that Cloud ERP provides are listed below: Flexible:Cloud ERP is flexible as the business-related information could be accessed with the help of internet from anywhere, which further reflects that one can be able to make
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
4EMERGING TECHNOLOGIES AND INNOVATION proper business decision properly(Ramasamy & Periasamy, 2017).It is found that cloud ERP is quite easier to utilize with BI tools, which are generally designed to work with cloud, which further helps in providing flexibility for selecting proper dashboards and reports, which will generally work best for the organization. Scale the growth:Cloud ERP helps in solving the dilemma of scaling because it helps in offering proper scalable platform that is not only ideal for fast growing business but also for organizations who wants to start their business (Gupta et al., 2017).It is found that cloud package can be scaled for accommodating unlimited number of users without creating hassles for maintain as well as replacing the software and hardware of on-premise. Fast and secure:Cloud ERP is fast as the data centres are mainly hosted as well as maintained by the best hosting environments. Their purpose is only to make the data accessible quite easily as well as fast. It is found that the data centres helps in ensuring geographic diversity and assists in storing data in number of places so that they can be easily retrieved if get lost. 6. Methodology 6.1 Research and system development methods Rapid application design is defined as a development methodology that helps in providing advanced development tools, prebuilt, collaboration tools and objects for the development of cloud ERP system (Kotlarsky, Hooff & Houtman, 2015).This method is mainly used as the system functionality is visible clearly and as the project is for medium size organization and the entire project can be executed for shorter period of time.
5EMERGING TECHNOLOGIES AND INNOVATION 6.2 Data collection and system design methods It is found that the information related with the development of cloud-based ERP system is collected with the help of both secondary and primary data collection method. It is found that numbers of articles as well as e-books are reviewed in order to collect information about the significance of cloud ERP(Rinderknechtet al.,2017)In addition to this, numbers of project managers are interviewed for knowing about the phases as well as activities that are required for developing the information system. Detailed system design is used for the development of cloud-based ERP system. It is identified that detailed design of the project generally follows proper architectural design and thus they reflects on the each module of the project so that the cloud based ERP system can be successfully implemented. (Yang et al., 2014) 6.3 Ethical Issues The ethical issues, which are associated with the project, are listed below: Creating the pressures on the workers who are generally involved with the development of cloud based ERP system. Proper organizational laws and regulations needs to be followed. 6.4 Compliance requirements It is quite necessary to maintain proper health and safety regulations so that the workers or staffs who work for the organization does not face health related challenges. Development of proper health and safety related regulations so that the chances of accidents as well as injuries can be reduced. It is also necessary to take appropriate actions so that security related problems and challenges could be reduced.
6EMERGING TECHNOLOGIES AND INNOVATION 6.5 Analysis of data After appropriate analysis, it is identified that the development of cloud ERP system, is helpful as it helps the organization in improving the ERP performance for handling various functions of the organization. It is sound that the organization will be able to get much more secured service with reduction in operational costs. In addition to this, it is identified that the services of cloud can be scaled up easily for meeting the needs as well as requirements of the project. 7. Project plan 7.1 Deliverable It can be concluded from the entire project that development of cloud ERP not only increasesthesecuritybutalsohelpsinenhancingscalability,flexibilityaswellas performance of the organization. The organization will be able to access the business related information from any location by using the facility of internet. It is found that in spite of the advantages there are some problems that needs to be resolved and for which proper number of recommendations are provided. The recommendations are as follows: It is necessary to make proper robust design of the project It is quite important to document all the requirements of the project It is also important to create proper and strong internal management organization
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
7EMERGING TECHNOLOGIES AND INNOVATION 7.2 Work breakdown Structure Figure 1: WBS (Source: Created by Author) 7.3 Risk analysis RiskDescriptionImpactProbabilityMitigation Improper development Improper development cancause numberof HighMediumIt is necessary todevelopthe CloudERP systemby
8EMERGING TECHNOLOGIES AND INNOVATION technological related challenges. followingthe schedule so that itcan implement successfully. Lackof resources Lackof resourcescan causelotof challengesfor theproject managerto finishthe project. MediumHighItisalso necessaryto estimatethe required resourcesfor the project. Slippageof schedule Slippageof schedulecan cause obstructionin the development of the project. HighHighItisalso necessaryto managethe schedule of the projectquite effectively. 7.4 Duration The table that is given below reflects the duration that is needed for developing the ERP system: WBSTask NameDurationStartFinish 0Development of cloud based41 daysWed 08-08-18Wed 03-10-18
9EMERGING TECHNOLOGIES AND INNOVATION ERP system 1Initiation phase14 daysWed 08-08-18Mon 27-08-18 1.1 Business case development 4 daysWed 08-08-18Mon 13-08-18 1.2feasibility study4 daysTue 14-08-18Fri 17-08-18 1.3 Project charter establishment 5 daysTue 14-08-18Mon 20-08-18 1.4 Team members appointment 6 daysMon 20-08-18Mon 27-08-18 1.5 Milestone 1: Completion of initiation phase 0 daysFri 17-08-18Fri 17-08-18 2Planning phase13 daysMon 20-08-18Wed 05-09-18 2.1 Development of project plan 5 daysTue 21-08-18Mon 27-08-18 2.2 Resource plan development 7 daysTue 21-08-18Wed 29-08-18 2.3 Development of financial plan 6 daysTue 28-08-18Tue 04-09-18 2.4Quality plan development5 daysTue 28-08-18Mon 03-09-18 2.5Risk plan development7 daysMon 20-08-18Tue 28-08-18 2.6 Acceptance plan development 6 daysMon 20-08-18Mon 27-08-18 2.7 Communication plan development 5 daysTue 28-08-18Mon 03-09-18
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
12EMERGING TECHNOLOGIES AND INNOVATION Bibliography Bindi, M. (2016). A framework for implementing cloud based enterprise resource planning (ERP) in the transport business sector in Zimbabwe. Gupta, S., Misra, S. C., Singh, A., Kumar, V., & Kumar, U. (2017). Identification of challenges and their ranking in the implementation of cloud ERP: A comparative studyforSMEsandlargeorganizations.InternationalJournalofQuality& Reliability Management,34(7), 1056-1072. Gupta, S., Kumar, S., Singh, S. K., Foropon, C., & Chandra, C. (2018). Role of cloud ERP on theperformanceofanorganization:contingentresourcebasedview perspective.International Journal of Logistics Management, The, (just-accepted), 00- 00. Hornstein, H. A. (2015). The integration of project management and organizational change management is now a necessity.International Journal of Project Management,33(2), 291-298. Joslin, R., & Müller, R. (2015). Relationships between a project management methodology and project success in different project governance contexts.International Journal of Project Management,33(6), 1377-1392. Kerzner,H.(2017).Projectmanagementmetrics,KPIs,anddashboards:aguideto measuring and monitoring project performance. John Wiley & Sons. Kotlarsky, J., van den Hooff, B., & Houtman, L. (2015). Are we on the same page? Knowledgeboundariesandtransactivememorysystemdevelopmentincross- functional teams.Communication Research,42(3), 319-344.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
13EMERGING TECHNOLOGIES AND INNOVATION Nguyen, T. D., Nguyen, T. T., & Misra, S. (2014). Cloud-based ERP solution for modern educationinVietnam.InFutureDataandSecurityEngineering(pp.234-247). Springer, Cham. Ramasamy, M., & Periasamy, J. (2017). Explore the impact of cloud computing on ERP systems used in small and medium enterprises.Int J,5. Rinderknecht, A. S., Dyas, J. R., Kerrey, B. T., Geis, G. L., Ho, M. H., & Mittiga, M. R. (2017). Studying the safety and performance of rapid sequence intubation: data collection method matters.Academic Emergency Medicine,24(4), 411-421 Söder, M., & Johansson, H. (2017). Cloud Based System Integration: System Integration between Salesforce. com and Web-based ERP System using Apache Camel. Svejvig, P., & Andersen, P. (2015). Rethinking project management: A structured literature review with a critical look at the brave new world.International Journal of Project Management,33(2), 278-290. Yang, T., Zhu, J., Hou, W., & Jin, G. (2014). Design method of freeform off-axis reflective imaging systems with a direct construction process.Optics express,22(8), 9193-9205.