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Managing Small Business Project - Assignment

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Added on  2021-01-03

Managing Small Business Project - Assignment

   Added on 2021-01-03

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Project PlanManaging Small Business ProjectStudent Name:
Managing Small Business Project - Assignment_1
ContentsProject Plan................................................................................................1Managing Small Business Project...........................................................1a.Definition..................................................................................................2a.Definition..................................................................................................2Problem Statement...................................................................................3Project Strategy........................................................................................3Project Objectives....................................................................................3Performance, Cost, and Time Objectives.....................................................................3Project Scope Statement.........................................................................3Included Scope.............................................................................................................3Excluded Scope............................................................................................................3Success Criteria.......................................................................................3Project Assumptions................................................................................3b.Implementation Plan...............................................................................4b.Implementation Plan...............................................................................4Work Breakdown Structure.....................................................................4Schedule (Gantt Chart).............................................................................4c.Project Processes...................................................................................5c.Project Processes...................................................................................5Communication Plan................................................................................5a.DefinitionThe title of this project is Project Implementation of an ERP System inan medium size manufacturing organization.An Enterprise Resourcing Plan System (ERP System) is a software thatintegrates all processes necessary for running a business from humanresources management, inventory and order management, customerrelationship management or accounting, creating a complete system thatsimplifies processes and the flow of information from around theorganization.2
Managing Small Business Project - Assignment_2
An ERP System is a very commanding business tool, extremely useful forany organization.Problem StatementIncreasing competition is creating problem for the medium size manufacturing firm in order to manage their operations well. They face issues in managing inventory, cash flow etc. properly. Implementing ERP can be beneficialfor them in resolving their issues. Project StrategyIn the present study on effectiveness of implementing ERP system in theorganization, researcher has taken support of qualitative research method. This isthe appropriate technique for the present study because by involving humanparticipants or using theories scholar can answers these research questions easily. Project ObjectivesTo explain conceptual framework of ERP software.To analyze advantages and disadvantages of implementing ERP system inthe organization.To determine impact of implementing ERP system on business activitiesof A&R Cambridge Ltd.To suggest way to enhance operational and accounting efficiency of A&RCambridge Ltd by implementing ERP software.Performance, Cost, and Time ObjectivesProject costThe cost of the project is needed to be analyzed so that firm may be able togenerate higher returns in effective way. The digital technology has effectivelytransformed business tasks and activities in that manner by which it is able toproduce more and profits are garnered with much ease. In relation to this,business activities are enhanced in a better way and as such, more streamlined hasbecome such tasks and thus, organization is performing well. The project cost isrequired so that budget may be prepared in effectual manner. Total spending canbe estimated by the company which will be incurred for accomplishing statedtargets in the best possible manner. Moreover, these are then compared withdeviations if any and thus, corrective action can be taken for the purpose ofimprovement. Expenditures will be needed such as acquiring license for software,networking expense so that small-scale business may be able to synchronizevarious activities such as marketing, operations, accounting and HR in effective way.Below are some of required expenses for business-3
Managing Small Business Project - Assignment_3

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