Implementation of ERP System for Maybank - Project Management

Running head: PROJECT MANAGEMENT
Implementation of enterprise resource planning (ERP) system for Maybank
Name of the Student:
Name of the University:

1PROJECT MANAGEMENT
Table of Contents
1.0 Project name..............................................................................................................................2
2.0 Name of the organization...........................................................................................................2
3.0 Date of status report...................................................................................................................2
4.0 Project progress and performance.............................................................................................2
5.0 Issues categorized......................................................................................................................3
6.0 Budget status..............................................................................................................................4
7.0 Planned deliverables/activities...................................................................................................6
8.0 Gantt chart.................................................................................................................................9
9.0 Review of risks........................................................................................................................10
10.0 Project and personal reflections.............................................................................................11
References......................................................................................................................................13
Bibliography..................................................................................................................................15

2PROJECT MANAGEMENT
1.0 Project name
Implementation of enterprise resource planning (ERP) system for Maybank
2.0 Name of the organization
The selected organization of this progress report is Maybank.
3.0 Date of status report
The status report is completed by 1/29/2019.
4.0 Project progress and performance
The project progress of ERP implementation is managed as well as monitored throughout
regular meetings plus project reports. Frequency of the project meetings has an impact on
effectiveness of the project controls. In order to achieve competitive advantage in the business
environment, the business should employ technologies to compete in the market of banking
industry. Successful implementation of ERP system is developed with an efficient integrated as
well as shared data system which can link departmental scope of business organization. The key
performance of ERP implementation project benefits the industry by reduction of working
capital, capability to integrate of departmental services along with availability of real time
information about the business processes (Kerzner & Kerzner, 2017). Implementation of ERP
system improves knowledge management infrastructure at the project organization which will
enable company to improve its products, cut the project cost and gain real time information
required for decision making processes. The proposed system enhances productivity and

3PROJECT MANAGEMENT
flexibility plus reduces project cost and eliminates business inefficiencies. It also improves
integration of the system and business processes. The project design phase is designed with the
implementation processes (Fleming & Koppelman, 2016). Time schedule along with deadline of
the project is arrived at and the project plan is being developed based on project schedule.
5.0 Issues categorized
Following are the issues which are identified while implementation of enterprise resource
planning (ERP) system in the selected organization:
Lack of user training: The process of ERP implementation is not possible without prior
user training. Maybank is not provided training to the users. The ERP system offers automation
of the departments which are functioning in the organization (Ptak & Schragenheim, 2016).
Without information of execution by the end users, the usage of system is fallen off. Most of the
workers working in the organization have lack of technical knowledge to implement the system
while the users are not provided training regarding technical work.
Absence of data accuracy: As accurate data is not able to transfer to new ERP system
implemented in the organization, therefore the system losses its credibility with end users.
Technical difficulties: There are hardware difficulties and software interface issues in the
organization, bugs into the software leads to bad implementation of ERP (Harrison & Lock,
2017). Proper maintenance of ERP system is not done properly which cause technical errors in
proposed system.
Poor management of project: Managing of the ERP implementation in the organization
is not easy (Altamony et al., 2016). A proper project management team is required those can