Managing Your ERP Budget for Success

Managing Your ERP Budget for Success

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Interactive Video

Business

University

Hard

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Jennifer Nicholson discusses strategies for managing an ERP budget effectively. She emphasizes the importance of thorough planning, estimating costs accurately, and including a generous contingency. She advises on managing monthly spending by utilizing internal resources over consultants and highlights the need for flexibility in the final stages of implementation. The goal is to complete the project under budget while ensuring success, even if it means spending slightly more than initially planned.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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