This week, we covered the Executing Process Group, and the tasks associated with this function of...

This week, we covered the Executing Process Group, and the tasks associated with this function of Project Management. Reflect back on the lecture discussion to answer the following prompt: Directing/managing the tasks associated with a project is an integral function of a Project Manager. Consider a project you have been a part of, whether personal or professional, and in your own words: Compare and contrast the experience you had to the strategies that you learned about this week. In your own words, explain what functions/processes could have been implemented to make the project run smoother. Note that your reflection should be 150 words or more.

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Expert Solution

ERP is enterprise resource planning. It is basically the management of core business processes of a company. ERP works with the objective of enhancing and streamlining the internal business operations of a company.

ERP helps in managing the network traffic of the organization effectively
ERP facilitates the overall company’s data organization, collection, processing and retrieval as it uses a structured format.
Inventory can be tracked and effectively managed with the help of ERP
Demand and Planning of the company can be conducted easily using ERP system, thereby keeping a check on the inventory levels of the company
Access management controls are used to manage the data retrieval operations.

Use of ERP in each stage of project lifecycle:

Initiation: ERP can be used to record the requirements of various stakeholders, thus maintaining accuracy in the overall process.
Planning: ERP can be used for developing project work breakdown structure and allocate available resources to the tasks identified
Execution: ERP can be used to keep a track of the project status and the resources utilized by the project
Closure: ERP can be used to track the project deliverables with the project objectives. This will help in rating the project’s performance

So, we can see that the implementation of ERP can make the project execution, quite smoother.

keosha answered 1 year ago

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