Risk assessment and management in enterprise resource planning by advanced system engineering theory

Abstract

An ambitious task is to conduct a project related to enterprise resource planning (ERP). In any of the ERP business enterprises, the technological, psychosomatic and sociological characteristics are included. Managing such characteristics in any enterprises is high complex. The ERP as such categorised on the basis of implementation, software, supply chain management, resources, management and optimisation. These characteristics are high risk to handle. The system still seems to be a growing system that has to be moulded into many forms. The aim of this manuscript is to present a risk assessment and management (RAM) in ERP by advanced system engineering theory.