Development of Cloud based ERP system

Running head: EMERGING TECHNOLOGIES AND INNOVATION
Topic-Development of Cloud based ERP system
Name of the Student
Name of the University
Author’s Note

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
difficulties due to improper adaptation of data security protocols, longer time for
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 to Soder 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